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$2.6M Bridge Loan Approved for Industrial Building in Ontario, Calif.
Freedom Financial Funds funded a $2.6 million loan for the acquisition of a leased 24,700 square foot industrial building in Ontario, California, located just south of the Ontario airport and north of the 60 freeway. The loan totaled 58.8% of the acquisition cost of the property. The subject building was an owner/user building until the owner sold…
Read More$3,150,000 Bridge Loan in Los Angeles, CA
Freedom funded a $3.15 million bridge loan on an unencumbered property in the final build-out phase and approximately 90 days prior to the project’s completion. Tenant improvements were being made so that lessee AutoZone could take occupancy. The subject property is a 10,000 square foot building in Los Angeles. The lease with Auto Zone is…
Read More$2,160K Build To Suite Loan For A New 7-Eleven In Murrieta, California
Freedom Financial Funds recently closed a $2,160K build to suit loan for a new 7-Eleven with fuel, to be built in Murrieta, California. The project is being developed by RDP Lemon, LLC. This is the fourth loan that Freedom has done with this client. This loan financed the acquisition of the site and the work…
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