Closed! Hard Money Purchase in Santa Ana: $1,750,000 @ 10.50%, 1st TD, Commercial Building, 51.47% LTV

Real Estate Investor and business owner-user sought a business purpose loan to purchase this commercial industrial building.  Property will be owner-occupied by the borrower’s company which will operate a fully licensed cannabis cultivation and distribution business. This Santa Ana Green Zone Subject Property is a multi-tenant industrial building located in the Dyer Business Park within…