14810 Clara Street, Los Gatos
Summary Outcome
Summary Outcome
Proposed is a 7 Unit Apartment Building. The Developer is asking for a First position loan. The LTV is low. Loan Amount: $325,000Loan Term: 12 Months Loan-To-Value Ratio: 38.24%Annual Interest…
Successful high-end developer is purchasing the property for $2,600,000. CASCO financial is funding a $1,700,000 loan at 10% interest for 2 years (9% payout to investors). The developer is putting…
This is a 14 unit apartment building in San Jose, California. The borrower brought $1,100,000 in equity, CASCO financial provided a loan for $2,400,000. Part of the loan went towards…