$2,435,000 Bridge Financing of a Retail Property in Santa Ana, California.
FINANCED First & Raitt
Lender:Bridge Lender City:Santa Ana, CA Size:9,953 SF Term:12-month interest only term
Mike Davis and Tony Messiah of PSRS arranged the $2,435,000 bridge financing of a retail property in Santa Ana, California for a private investor. The subject property is a 9,953-square-foot infill strip retail center with 44 parking spaces and a significant long-term upside. Financed with a bridge lender, PSRS provided its borrower with a 12-month interest-only loan term to execute their business plan.
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About PSRS Founded in 1972, PSRS is a commercial mortgage banking firm that helps real estate investors of all sizes structure and secure financing solutions that align with their investment goals.