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Compton 6 Unit Commercial Retail – Marijuana Dispensary

The deal of the week was a 6-Units Commercial Retail. Even with experience in investment properties and strong financials, with one of the tenants being a marijuana dispensary, no conventional bank would lend on it. In addition, we were up against a tight timeline because the borrowers note was called due and payable. Fidelity Bancorp Funding successfully closed the deal. 
RECENTLY FUNDED TRANSACTION: 
Compton, CA
Loan Amount: $875,000
Loan Purpose: Cash Out Refinance
Property Type: 6-Units Commercial Retail  

For more information call:

Dylan Bright - southern california multi family loansDylan Bright

(714) 908-5277

EMAIL Dylan

 

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