Borrower Secures $3 Million Acquisition Loan Utilizing Retail Strip Center And SFR For Warehouse

The asset involved in this transaction is a combination of industrial, retail, and single-family properties totaling 15,877 square feet located in the Stockton, San Anselmo, and Sausalito markets. The deal was facilitated through a loan amounting to $3,000,000 specifically for acquisition purposes.

Summary of transaction details:

• Property Type: Industrial, Retail & Single Family
• Transaction Amount: $3,000,000
• Loan Type: Acquisition
• Broker Representatives: Daniel Zand, Tim Moaeed & Matthew Roton
• Agency: Shawbrook Capital

The borrower leveraged their Retail Strip Center and Single Family Residence as cross-collateral to secure the acquisition of a warehouse. Notably, no appraisal was required and the client incurred $0 out-of-pocket expenses for this transaction.