Project Description

Loan Type: Bridge – Refinance and Cash Out

Challenge

Grand Pacific was delighted when our client of over 10 years returned to seek our aid to refinance this 11-unit shopping center.

• One of the subject’s tenants was a herbal  health service which limited their refinance options from conventional lenders
• Requested for a significant percentage of the  loan to be cashed out
• Guarantor had personal credit issues

Solution

Grand Pacific was able to overcome the setbacks by:

• Recognizing that the property’s demand was high enough to be 100% occupied
• Client  had substantial expertise as a real estate investor and had healthy finances to prove

Our flexible loan structure accommodates the needs of our client’s and helps GP create lasting relationships with our clients.

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California Finance Lender License# 6032068