Recently Funded! Hard Money Loan in Palm Desert: $665,000 @13.00%, 2nd TD, Cash-Out, Commercial, 49.83% CLTV
Executive Summary: Real estate owner-broker and investor sought a 2nd TD, rate-and-term refinance loan on a well-located commercial property, right on the 111 HWY near El Paseo shopping district, in Palm Desert, CA. The borrower is the owner, founder, and broker of www.firmcompanies.com, a company specializing in commercial real estate and property management throughout the Coachella Valley.…