April 19, 2022June 3, 2022 Date: December 28, 2021Type: Building a 6 unit apartment complexLocation: Los Angeles, CARate: 9% / 12 Months This borrower was short of funds to complete this construction project. We came in with a second deed of trust to save the project so that he could complete it, rent it and move onto another investment. More Recent Transactions $4.5M – LA Development Site – 6 Units $2.6M – Land Deal in Bakersfield $2.5M – 2nd Trust Deed SFR $8M – Office Building on Beverly Drive $1.5M – Company & Building Saved during Covid Crash $18.5M – Industrial Building – 3 day closing View All Recent Transactions