Purpose: To have access to working capital until home is sold. • Property Value: 3rd Party Appraisal at $2 Million • Size: 3 BD, 3
Author Archives: Barry Levenson
1615 Blue Jay Way, Los Angeles, CA
• Purpose: Extra capital access until sale of property. • Property Value: $26 Million, list price is $26 Million • Notes: New Construction Terms: •
1 Doppler, Irvine, CA
• Purpose: To have access to working capital to continue business operations and consolidate short term debt • Property Value: 3rd Party Appraisal at $12
18 Coral Rdg, Newport Coast, CA
• Purpose: Business purpose loan to invest in borrower’s friend’s business. • Property Value: Purchased for $20.6 million April, 2020 • Size: 12,628 sqft, 6
Vernon Studios – 2761, 2707, 2711 Fruitland Ave., 5125 Seto Street
• Purpose: To have access to working capital. • Property Value: $39.1 million, 3rd Party Appraisal in 2020 • Notes: 2020 Personal Financial Statement >
501-545 S. 2nd St., San Jose, California
• Purpose: Bridge loan until borrower secures a large construction loan to build 3 towers to max density and height. • Property Value: Purchase price