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Crescent Lenders Funds

$1M Hard Money Industrial Purchase Loan

Los Angeles

About The Deal

Our borrower purchased a .24 acre property containing a 3,000 sq. ft. concrete block building for $1,575,000 in Los Angeles, California. 

The building is zoned commercial/light industrial and was delivered vacant.  

The buyer was in negotiations with a prospective tenant for a long-term lease. 

The borrower owns two other similar types of buildings and has had a positive experience in this property type and location. 

The buyer put down $550,000 toward the purchase, resulting in a loan-to-value ratio of 65%. 

We met with the borrower at the property site and were very comfortable with the borrower and the collateral asset.

Industrial Building in Los Angeles
Amount
$1,025,000
Location
Los Angeles, Los Angeles
Rate
9.0%
LTV
65.0%
Term
36 months
Type
Purchase Financing
Industrial
Industrial Building
Exit Strategy
Refinance

Looking for a Purchase Financing Loan Near Los Angeles?

Crescent Lenders is a top rated private money lending company providing loans in and around The Los Angeles area.

We have been providing loans to commercial, residential and industrial California real estate investors for over a decade.

If you're looking for a trust loan to manage an inherited property in the prestigious area of Beverly Hills, or you're facing a hard money loan that's coming due in Long Beach and need to refinance, Crescent Lenders is here to help.

We offer a wide range of lending options to meet your needs, including bridge loans, fix and flip loans, and cash-out refinancing. Our team of experts has the experience and knowledge to guide you through the lending process and find the best solution for your unique situation.

Discover more about how our services can help you obtain a hard money loan in Los Angeles.

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Email
info@crescentlenders.com
Phone
213-474-3131
Send Us A Message
We Can Deliver Rapid Financing
Between $200k and $2 million dollars
Nationwide private lender (not a broker, avoid the extra fees)
Funding loans such as purchase, refinance, rehab, probate, 1031 exchanges, cash-out
All types of investment properties considered, residential, commercial and industrial
Crescent Lenders

Suite #116, 999 Overland Ave

Los Angeles, California

90064

Disclaimer: Crescent Lenders, DBA CrescentLenders.com ("CL") is a California licensed broker under California Bureau of Real Estate License No. #01792267. Regardless of this license, CL considers itself a “finder” for purposes of applicable laws and regulations (California Business & Professions Code § 10130, et. seq.).