Overview
The borrower was seeking acquisition financing for a single tenant industrial building located in the North Hollywood submarket of Los Angeles, CA. The subject property was a nearly 10,000 sf industrial building valued at $2,360,000.00.
Pathfinder was able to provide the borrower with acquisition financing custom fit to the borrowers needs with a very competitive rate and even closed the loan on time in spite of being at the beginning of the COVID-19 Pandemic.