Christian Faes Of F2 Finance Provides $1.2M Bridge Loan In Paso Robles
FINANCED
$1,200,000
California
See Similar DealsMixed-use8,700,000 SF
Financed 07/01/2024
FINANCED
Christian Faes Of F2 Finance Provides $1.2M Bridge Loan In Paso Robles
Mixed-use8,700,000 SF
Financed 07/01/2024
Summary
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:8,700,000 SF
Transaction Type:Loan
A beautiful house and mixed-use site in Paso Robles, with a total square footage of 8,700,000 square feet, was the subject of a recent loan transaction. The property is located in the heart of California's wine region.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,200,000
- Market: Paso Robles
- Lender: Christian Faes - F2 Finance
- Loan Type: Bridge Loan
- Loan Terms: Cash out refinance
F2 Finance, with Christian Faes as the representative, provided a bridge loan amounting to $1,200,000 for the property. The loan was funded in less than 10 days, showcasing the efficiency and effectiveness of F2 Finance in facilitating quick financing solutions for real estate transactions in the Paso Robles market.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,200,000.00
Monthly NOI$8,000.00
Monthly Debt Service$7,584.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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