Nicole Gozini Secures $2.7M Bridge Loan For Westwood SFR Acquisition | 760 Westholme Avenue | Velocity Mortgage Capital | Single Family Residence | Loan

Summary

Loan

CALIFORNIA

Single Family Residence

4,910 sqft

The property involved in the transaction is a single-family residence located at 760 Westholme Ave in Westwood. It has a total square footage of 4,910. The loan was obtained from Velocity Mortgage Capital.

Summary of transaction details:

Property Type: Single-Family Residence
Transaction Amount: $2,700,000
Loan Type: Acquisition
Loan Terms: 5.25% bridge loan, 75% LTV, 15 day close, zero points to lender
Lender: Velocity Mortgage Capital

This transaction involved the borrower reaching the end of their 1031 exchange and Nicole Gozini, a direct private lender, originated and funded the loan within 15 days. For more information, interested parties can contact Nicole Gozini at (310) 295-7177.

Details

Deal Summary

FINANCED

IMAGE: Nicole Gozini DATE: 12/01/2021 ADDRESS: 760 Westholme Ave. MARKET: Westwood ASSET TYPE: SFR ~ SF: 4,910 LENDER: Velocity Mortgage Capital LOAN AMOUNT: $2,700,000 LOAN TYPE: Acquisition LOAN TERMS: 5.25% bridge loan, 75% LTV, 15 day close, zero points to lender NOTE FROM @NicoleGozini: @NicoleGozini is a direct private lender for most asset classes nationally. The client was at the end of their 1031 & Nicole originated & funded the loan in 15 days Call Nicole for details (310) 295-7177

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Address760 Westholme Avenue

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