A non-profit organization was gifted a 72,000 square foot high-tech manufacturing facility in a well-known industrial park of San Jose, CA. After flying down and finishing our due diligence, we arrived at a $3.5M cash value for the property and approved a requested loan amount of $2M. The borrower was extremely pleased with the level of service and expects to refinance us down the road when they can better verify income for traditional lending sources.
72,000 sq ft Light Industrial Building
San Jose, CA