Former Bank Building

First Trust Deed on 11,640 sq ft former bank building.

Your secured investment or loan awaits

Commercial Real Estate Investment

Recently Funded
  • Collateral: First Trust Deed on 11,640 sq ft former bank building in Lakewood, Colorado.
  • Property Description: First Trust Deed on 11,640sqft former bank building. Borrower spent the last year remodeling the building and has put over $600k into building since the purchase last year.
  • Loan-To-Value: 66% (value of $1,600,000) based on an “as-is” appraised value of the property provided by Hultgren Valuation Group in December 2019.
  • Minimum Interest: 3 months minimum interest guaranty. No prepayment penalty after 3 months.
  • Borrower/Guarantor Profile: Returning borrowers whom we have worked with them several times as investors and borrowers. They are experienced real estate investors and developers based in Las Vegas with a $30MM Net Worth.
  • Loan Servicing: FCI Loan Servicing will provide loan servicing at Borrower’s expense.

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