Challenge / Opportunity: Borrowers were seeking a new 2-Year term loan to pay off a maturing bank first and needed some additional cash out for improvements to the building. Solution Provided: Redwood Mortgage funded the low…
$8.8M Industrial Flex building, 5yr term
Challenge / Opportunity: Borrowers were seeking a new 5 year term loan to pay off a maturing bank first and private second mortgage. Solution Provided: Redwood Mortgage funded the low LTV loan for this repeat borrower….
$2.2M Retail Strip Low Doc Refi Loan
Challenge / Opportunity: Repeat Borrower with a neighborhood retail strip center wanted to build on an existing corner pad in a well located area. Borrower needed capital to pull permits and go vertical with a cold…
$990,000 Mixed-use Refi, 5 year term
Challenge / Opportunity: Borrower needed to refinance a maturing bank loan and small 2nd on their tenanted Mixed-use property. Borrower also wanted to get a longer term loan. Solution Provided: Redwood Mortgage did a new First…
$1.75M Medical Office Cash-Out Loan
Challenge / Opportunity: Borrower requested a commercial bridge loan on their owner-user medical office building, with cash out to restructure and pay down some debt obligations. Solution Provided: Redwood Mortgage funded this $1,750,000 cash out loan…
$850K Apartment Purchase Loan
Challenge / Opportunity: Borrowers needed to close quickly on the purchase of a six unit apartment located Mid-Peninsula in the San Francisco Bay Area. Borrower’s institutional lender withdrew at the eleventh hour due to a foundation…
Solutions Provided
$10,900,000 Retail / Office
Challenge/Opportunity: Although our borrowers already had bank financing on their performing retail/office building, they needed additional funds to pursue entitlements to reposition the property. They came to Redwood Mortgage knowing we had the capital strength to…
$2,200,000 Commercial Loan
Challenge / Opportunity: Borrower needed a rate and term refi to pay-off a matured seller carryback first trust deed on an auto dealership. Solution Provided: Redwood Mortgage looked beyond the maturity NOD filed on the commercial…
$430,000 Loan
Challenge / Opportunity: Borrower was seeking a new 2nd mortgage loan for soft-story retrofit (Seismic) and to add a single unit to the property to bring the unit count from 12 to 13 units. The Borrowers…