Closed! Hard Money Commercial Loan in Desert Hot Springs: $1,650,000 @ 15.00%, 1st TD, Cash-Out, 33.33% LTV

Experienced real estate investor and business owner sought a 1st Trust Deed loan on this Free and Clear – no debt – newly constructed 2021 industrial property in a privately gated, 24×7 security guarded complex located in Desert Hot Springs, CA. The purpose of this loan is to complete the interior build-out and subject property…