56% LTC Bridge Loan

56% LTC Bridge Loan
100% Leased Commercial/Retail Property
Fountain Valley, CA

Buchanan Mortgage Holdings, LLC provided a $3,000,000 short-term bridge loan for the acquisition of a 14,660 SF commercial/retail property located in Fountain Valley, California. The property is 100% leased to two tenants that each occupy approximately 50% of the NRA. The sponsor selected Buchanan Mortgage Holdings, LLC due to our familiarity with the property and ability to close within a 10-day timeframe.