Business Finance Capital CDC Provides $1.35M Acquisition Loan For Residential Property In North Hills

The property involved in this transaction is located at 15508 Plummer Street in North Hills. It is a residential property with grandfathered commercial zoning, spanning over 1,124 square feet. The transaction took place for a price of $1,500,000.

Summary of transaction details:

• Property Type: Residential (Grandfathered Commercial Zoning)
• Transaction Amount: $1,500,000
• Address: 15508 Plummer Street
• Market: North Hills
• Loan Amount: $1,350,000
• Loan Type: Acquisition
• Lender: Business Finance Capital CDC - Lee Kleinman
• Landlord: Michael Blodgett
• Broker: Michael Sharon - illi Commercial

The loan for this transaction was provided by Business Finance Capital CDC, with Lee Kleinman representing the lender. The borrower in this case is Michael Blodgett, who is also the landlord. Representing the borrower as a broker is Michael Sharon from illi Commercial.