First Capital Trust Deeds was able to negotiate a purchase loan for an experienced Whittier-based real estate borrower who has redeveloped multiple properties in the area.
The challenge was that the borrower was unable to finance the property with institutional investors not familiar with home values in the Whittier area. FCTD was able to match the borrower with a savvy investor familiar with the specific sub-market who underwrote the appropriate risks and mitigants. The property was strategically located walking distance to the middle school within an improving area of the Whittier submarket.
Do you have a similar loan scenario? Contact us – we’d love to discuss it with you.