Los Angeles Hard Money Loan for Industrial Property

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.

$1,025,000
Amount
36 Months
Length
65
LTV
9
Rate
Purchase Financing
Type
Industrial
Industrial Building
Exit Strategy
Refinance

Need a Los Angeles Private Money Loan?

Crescent Lenders has been providing California bridge loans to commercial and residential real estate investors for over a decade.

Whether you need a trust loan for an inherited property in Beverly Hills or you have a hard money loan coming due in Long Beach and need refinance, we would be happy to discuss lending options.

Get in touch with a trusted team member today!

We Can Deliver Rapid Financing

Between $200k and $5 million dollars

Nationwide private lender (not a broker, avoid the extra fees)

Funding loans such as purchase, refinance, rehab, probate, 1031 exchanges and cash-out

All types of investment properties considered, residential, commercial and industrial



Crescent Lenders

2999 Overland Ave, Suite 116
Los Angeles, California
Phone
213-474-3131
  • California
  • Los Angeles
  • San Diego
  • San Francisco

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.).

Crescent Lenders, 2999 Overland Ave, Suite 116, Los Angeles, California, 90064