Secured Capital Lending, in its active lending pursuit, recently closed a significant $23 million acquisition loan for an office building situated in Beverly Hills, CA. They facilitated an $11.5 million loan, offering a competitive commercial bridge loan product with an LTV at 50% and a 10.75% interest rate for a 12-month term. As other lenders hesitate or maintain strict criteria, SCL stands out, eager to consider and fund prospective loans on your agenda.
- Property Type : Retail
- Loan Type : Bridge Loan
- State : California
- City : Los Angeles
- Funded Amount : $600,000