Private Money Loan for Purchase of San Gabriel Tow Yard

Our borrower acquired a light industrial property in San Gabriel, California for $2,500,000. 

The purchase was for both real estate and business assets. 

Of the $2.5 million, approximately $800,000 was assigned to the business assets and $1.7 million was applied to the real estate asset. 

The borrower put 38% down for this purchase and Crescent Lenders provided the remaining funds via a private money loan.

($660,000 for real estate plus $300,000 for business assets = total of $960,000) 

The borrower is a high net worth individual with several tow yards throughout Los Angeles County and Orange County.

These tow yards provide strong cash flow from a recession resistant tow business, making this a great bridge loan for Crescent Lenders to fund.

$1,540,000
Amount
24 Months
Length
62
LTV
9.00
Rate
Purchase
Type
Industrial
Tow Yard
Exit Strategy
Refinance within 24 months

In need of a Los Angeles County Hard Money Loan?

For over a decade, Crescent Lenders has been funding California private money loans for real estate investors from San Diego to San Francisco.

Our knowledge, experience and unparalleled customer service are a few reasons why our clients enjoy working with us. 

Contact us today to see if we can finance your project!

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