• (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610
  • (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610

Single Tenant Office Building Los Angeles, Calif.

Another Successful Funded Loan

  • $2,025,000
  • SBA 504 Program
  • Purchase-80% LTV
  • Single Tenant Office Building Los Angeles, Calif.

 

ASSIGNMENT:

This was a cool assignment. A Couple of young entrepreneurs who were in the movie business and buying a building to be used as their new film studio.

CHALLENGE

Most of the challenges in this transaction were related to the building itself, whereby the clients needed to obtain approval from the city to use the facility for their type of business.

SOLUTION:

We were able to place the clients into a nice SBA loan that even gave them some money for tenant improvements.