Trimax Realty Inc. Facilitates Mid-Construction Loan In Malibu For SFR At 5931 Kanan Dume Road

A mid-construction loan has been secured for a property in Malibu, located at 5931 Kanan Dume Road. The single-family residence spans a generous 8,500 square feet and is situated in the desirable Malibu market.

Summary of transation details

• Property Type: SFR
• Transaction Amount: $2,000,000
• Lender: Eae Investment Holdings - Byron Ahlzy
• Landlord: Maurice Rashel
• Brokers: Fred Nabati & Michael Davoodpour - Trimax Realty Inc.

Furthermore, Fred Nabati & Michael Davoodpour from Trimax Realty Inc. played a crucial role in this transaction as brokers representing the parties involved. Their expertise and negotiation skills ensured favorable terms for the mid-construction loan, which was obtained from a private lender within a remarkable timeframe of under 30 days.

Additionally, an enticing aspect of this loan is the negotiation of one full year of interest payments, which will be paid through the loan closing. This ensures peace of mind for the builder, who will not have to make mortgage payments for the next 12 months.

If you are in need of a construction loan or a quick close loan, Trimax Loan Inc. can assist you in achieving your goals, based on their successful track record and their ability to efficiently navigate complex loan processes.