LFB successfully arranged $26,500,000 for the refinance of five separate properties across two states. The portfolio consists of two retail buildings and one office building in California, and two industrial buildings in Nevada. The refinance allowed our client to increase leverage from roughly 65% to 80% LTV, resulting in a $12,000,000 cash out for business purposes. The sponsor is a repeat client and an owner-user based in Southern California.
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San Diego (Headquarters)
511 Encinitas Boulevard, Suite 100
Encinitas, California 92024
Los Angeles
270 Coral Circle, Suite 200
El Segundo, California 90245
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350 East 400 South, Suite 410
Salt Lake City, Utah 84020
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Brentwood, Tennessee 37027
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2292 Faraday Ave., Suite 100
Carlsbad, CA 9200
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Park City, UT 84060
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