Stormfield Capital Provides $1.94M Bridge Loan For Mixed-Use Property In Corona

The property involved in the transaction is a mixed-use asset located at 108-57 Roosevelt Ave. in the Corona market, encompassing a total square footage of 6,120. The loan amount secured for this property is $1,942,200, classified as a bridge loan.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,942,200
• Lender: Stormfield Capital
• Landlord: LY Management - Qianqian Yu
• Broker: Allstates Capital Funding Corp.

The deal includes key representatives such as Ben Zhang, Callahan Healy, and Kyle Shea in attendance, reflecting the collaborative nature of the transaction and the involvement of professionals from Allstates Capital Funding Corp. as the broker for this loan deal.