Christian Faes And Kian Nader Of F2 Finance Provide $3.33M Bridge Loan For Mixed-use Asset In San Diego
FINANCED
$3,330,000
California
See Similar DealsMixed-use16,000 SF
Financed 05/22/2025
FINANCED
Christian Faes And Kian Nader Of F2 Finance Provide $3.33M Bridge Loan For Mixed-use Asset In San Diego
Mixed-use16,000 SF
Financed 05/22/2025
Summary
CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$208
Total Square Footage:16,000 SF
Transaction Type:Loan
A mixed-use asset located in the heart of San Diego's historic Gaslight Quarter spans 16,000 square feet. The transaction involved a bridging loan designed to facilitate financing for the property.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,330,000
- Lender: Christian Faes & Kian Nader
- Lender Agency: F2 Finance
- Loan Type: Bridge
- Loan Terms: 6 months
- Date of Transaction: 5/22/2025
Christian Faes and Kian Nader of F2 Finance provided a bridging loan, completing the transaction within a week of the appraisal. Their expertise facilitated this financial arrangement to support the borrower in this market transaction.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,330,000.00
Monthly NOI$22,200.00
Monthly Debt Service$21,047.87
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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