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Commercial 

Loans

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Open Deal
(Searching for Lenders)
- Financing Requested: $2,500,000

- Purpose: Refinance & Cash Out

- Retail Strip Mall in Lomita, CA

- Recent renovation 
Borrower's Highlights

- Up to 50% LTV

Prime location with heavy traffic / major streets

- Stable rental cash flow from the subject property

- Ample net worth of the guarantors​
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Open Deal
(Searching for Lenders)
- Financing Requested: $2,000,000

- Purpose: Refinance & Cash Out

- Office Building in Long Beach, CA
Borrower's Highlights

- Below 50% LTV

- Stable rental cash flow from the subject property

- Tenant's longevity (Avg 9 Yrs)

- Ample net worth of the guarantors

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Open Deal
(Searching for Lenders)
- Financing Requested: $1,200,000

- Purpose: Refinance

- Rate: TBD
Borrower's Highlights

- Below 50% LTV

Prime location with heavy traffic / major streets

- Stable cash flow from guarantor's other business.
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Funded
- Financing Requested: $430,000

- Purpose: Business Purchae

- Prime Rate + 2%

- 30% Down Payment
Borrower's Highlights

- Business experience in the food service business

- Satisfactory cash flow from the subject business

- Prime location of the business

- Business longevity (over 30 years)
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- Financing Requested: $1,000,000

- Purpose: Refinance & Cash Out

- Property Type: Petroleum Property (Leased Fee Estate)

- Target Rate: Fixed Rate 4.00%

- Focus: Lowest Rate / Max Cash out
Funded
Borrower's Highlights

- Max 60% Loan to Value (with Cash Out)

- Satisfactory cash flow (DSCR 1.50x based on the rental cash flow)

- Prime location of the subject property

- Tenant's longevity (over 10 years at the same location)
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- Financing Requested: $1,200,000

- Purpose: Purchase

- Property Type: Industrial Condo

- Target Rate: 3.50%

- Focus: Lowest Rate
Funded
Borrower's Highlights

- Ample net worth of the guarantor (over 10mil)

- Satisfactory cash flow based on the pro-forma rental cash flow

- Tenant's business recently acquired by a public company

- Tenant's longevity at the same location (over 20 years)
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- Financing Requested: $3,000,000

- Purpose: Purchase

- Property Type: Multi-Family building

- Target Rate: Below 3.25% Fixed

- Focus: Lowest Rate / Max LTV
Funded

Result:

Interest Rate: 3.19% Fixed for 10 Years

Highlights:

70% Financing

Approved based on Pro-Forma Cash Flow

Soft Prepayment Penalty (To be waived in case of sale of the property)

Borrower's Highlights

- Guarantor's extensive experience in the multi-family unit operation

- Satisfactory cash flow based on the pro-forma rental cash flow

- Historically low vacancy
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- Financing Requested: $1,000,000
- Purpose: Refinance
- Property Type: Retail Property
- Target Rate: Fixed Rate below 4.00%
- Non-Recourse
Funded

Result:

Interest Rate: 3.875% Fixed for 5 years

Highlights:

No personal guarantee

Soft Prepayment Penalty

Borrower's Highlights
- 35% Loan to Value
- Excellent Rental Cash Flow (DSCR: 2.00 x)
- Prime location of the subject property
- Tenant's longevity (over 15 years at the same location)
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- Financing Requested: $2,300,000
- Purpose: Purchase (70% Financing - SBA)
- Property Type: Flex Building (Warehouse/Office)
- Target Rate: Fixed Rate below 3.75%
Funded

Result:

Interest Rate: 3.65% for 25 Years

Term: 25 Years

Loan Fee: SBA Guaranty Fee Waived

Highlights: 25-year Fixed Rate

Borrower's Highlights
- To be occupied for the owner's business
- Excellent business cash flow (DSCR 3.25 x)
- Guarantor's Ample Net Worth (well over $10mil)
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- Financing Requested: $1,600,000
- Purpose: Refinance
- Property Type: 8-Unit Apartment in Long Beach, CA
- Target Rate: 7-Yr Fixed rate below 3.25%
Funded

Result:

Interest Rate: 2.950% Fixed for 5 Years

Term: 5 Yrs Due / 30 Yrs Amortization

Loan Fee: 0.50%

Highlights: Pre-payment penalty to be waived in case of sale.

Borrower's Highlights
- Estimated Loan to Value below 60%
- Stabilized Rental Cash Flow (3-Yr Average DCR 1.40 x)
- Ample net worth of guarantor
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Funded
- Financing Requested: $1,500,000
- Purpose: Refinance
- Property Type: Owner-Occupied
- Target Rate: 7-Yr Fixed rate below 4.50%
Highlights
- Estimated Loan to Value below 60%
- Stabilized cash flow (3-Yr Average DCR 2.35 x)
- Established Business (over 15 years) / Ample net worth of guarantor
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Funded
- Financing Requested: $3,500,000
- Purpose: Refinance and Cash-Out
- Property Type: Motel
- Target Rate: Fixed rate below 5.50%
Highlights
- Estimated Loan to Value below 60%
- Stabilized cash flow (3-Yr Average DCR 1.35 x)
- Ample net worth of guarantor (Over $18 million net worth)
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Funded
- Financing Requested: $3,000,000
- Purpose: Refinance of the existing mortgage
- Property Type: Class B Office Building
- Target Rate: Fixed rate below 4.50%
Highlights
- 50% Loan to Value
- Stabilized rental cash flow from the subject property
- Over 90% Occupancy Rate and Debt coverage ratio 2.63 x
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Funded
- Financing Requested: $2,500,000
- Purpose: Purchase of Warehouse
- Property Type: Flex - Light Manufacturing
- Target Rate: Fixed rate below 5%
Highlights
- 65% Loan to Purchase
- Excellent cash flow from the borrower's business (Combined DCR 2.8 x)
- Over 90% Occupancy Rate and Debt coverage Ratio 1.7 x
Funded
- Financing Requested: $1,100,000
- Purpose: Purchase of Mobile Home Park & 8-Unit Apt in Henderson, NV
- Property Type: Mobile Home Park & Multi-Family 
- Target Rate: Fixed rate below 5.50%
Highlights
- 45% Down Payment
- Stabilized rental cash flow from the subject property
- Debt coverage ratio 2.3 x
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Funded
- Financing Requested: $4,300,000
- Purpose: Refinance & Cash Out
- Property Type: 25-Unit Multi Family
- Target Rate: Fixed rate below 4.25%
Highlights
- Loan amt not to exceed 60% LTV
- Stabilized rental cash flow from the subject property
- Guarantors' ample net worth and strong cash flow
Funded
- Financing Requested: $1,300,000
- Purpose: Purchase of Commercial Property in Anaheim, CA
- Property Type: Industrial Building
- Target Rate: Fixed rate below 5.00%
Highlights
- 50% Down Payment
- Seller's leaseback for 10 years 
- Borrower's strong cash flow and high net worth
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Funded
- Financing Reqquested: $660,000
- Purpose: Purchase of Commercial Property in Pomona, CA (1031 Exchange)
- Property Type: 4-Unit Retail Building
- Target Rate: Below 6%
Highlights
- 60% Down Payment
- 75% occupancy
- Borrower's strong income source from other business
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Funded
- Financing Requested: $350,000
- Purpose: Cash out from the equity (2nd Deed of Trust)
- Property Type: 8-unit Apt in Koreatown
- Target Rate: within two weeks and under 10%
Highlights
- Below 60% Combined Loan to Value
- 100% occupancy
- Property is currently on the market for sale and the loan will be paid off at COE.
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Funded
- Financing Requested: $470,000
- Purpose: Refinance of the existing mortgage
- Property Type: Hotel
- Target Rate: below 6% Fixed Rate for 5 years
Highlights
- Below 40% Loan to Combined Value
- Stabilized cash flow
- Excellent payment history for over 15 years
- Guarantor's ample net worth
Row of Houses
Funded
- Financing Requested: $9,000,000
- Purpose: Note Purchase Financing
                   (through Private Money Lenders)
- Property Type: Multiple Properties (11 Properties)
- Target Rate: below 10% for 18 months
Highlights
- Below 30% Loan to Combined Value
- Ample net worth of the borrower
- Note is secured by Deed of Trust which is 50% LTV
- Seasonsed real estate investor
Funded

Interest Rate: 5.675 Fixed for 5 Yrs

Term: 5 Yrs Due / 25 Yrs Amortization

Fee: 0.50%

Prepayment Penalty to be waived in case of sale.

- Financing Requested: $1,400,000
- Purpose: Refinance of the existing Mortgage Plus Cash Out
- Property Type: Motel 
- Target Rate: below 5.75% fixed rate for minimum 5 years / 25 years 
Highlights
- Below 55% Loan to Value
- Historically proven cash flow to service the debt
- Prime location in South Bay
- Financing Requested: $2,700,000
- Purpose: Purchase of Multi-Family Property 
- 15-Unit Apartment
- Target Rate: below 5% fixed rate for minimum 7 years / 25 years 
Closed
Highlights
- 35% Down Payment of Total Purchase Price 
- 100% Occupancy
- Potential to improve cash flow
- Prime location in K Town
Withdrawal by the Client
(July 2018)
- Financing Requested: $2,300,000
- Purpose: Purchase of Business and Rental Property
- Partial Owner Occupied and Rental Property
- Target Rate: below 6% fixed rate for minimum 7 years / 25 years 
Highlights
- 35% Down Payment of Total Purchase Price 
- Guarantor's extensive experience in the same industry
- Satisfactory business cash flow 
- Business longevity at the same location (over 20 years)
- Financing Required: $1,260,000
 
- Purpose: Purchase of Industrial Building
- Warehouse Property for owner-user
- Target Rate: below 5% fixed rate for minimum 7 years / 25 years 
Funded

Result:

Interest Rate: 5.06% Fixed for 10 Years

Term: 10 Yrs Due / 25 Yrs Amortization

Loan Fee: NA

Highlights: Appraisal fee paid by the lender

Highlights
- 40% Down Payment + Additional Capital injection for the property improvement.
- Guarantor's satisfactory credit history
- Satisfactory business cash flow 
- Proven history of business operation (over 15 years)
Funded

Result:

Interest Rate: 5.50% fixed for 3 years and Prime + 1% for the remaining 2 years

Term: 5 Yrs Due / 25 Yrs Amortization

Loan Fee: 1.00%

Highlights: Pre-payment penalty to be waived in case of sale.

- Financing Required: $470,000
 
- Purpose: Refinance and Consolidation of the existing mortgage
- Mixed Use Property (Rental Property)
- Target Rate: 5.75% Fixed Rate for 3 years and Variable for 2 Years
Highlights
- Lower than 60% LTV
- Guarantor's satisfactory credit history
- Satisfactory rental cash flow 
- Excellent payment history with the existing lender for the past 10 years
- Additional collateral of the borrower's house
Weaknesses
- Weak personal cash flow due to other investment properties.
Funded

Result:

Interest Rate: 4.25% Fixed for 5 Years

Term: 5 Yrs Due / 25 Yrs Amortization

Loan Fee: 1.00%

Highlights: Pre-payment penalty to be waived in case of sale.

- Financing Required: $4,700,000
 
- Purpose: Purchase of industrial building
- Owner Occupied / Rental 
- Target Rate: 4.75% Fixed Rate for 5 years and Variable for 2 Years
Highlights
- 65% LTP
- Satisfactory cash flow from the operating company
- Excellent credit history
- Ample net worth of the guarantors 
- Additional collateral on the operating company
Funded

Result:

Interest Rate: 5.50% Fixed for 5 Years

Term: 5 Yrs Due / 25 Yrs Amortization

Loan Fee: 1.00%

Highlights: Pre-payment penalty to be waived in case of sale.

- Financing Required: $1,000,000
 
- Purpose: Refinance of the existing Hard-Money loan
- Owner occupied property + Rental Units
- Target Rate: 5.5% Fixed Rate for 5 years
Highlights
- Owner occupied property and the owner has recently opened additional store.
- The owner has operated same type of business for over 10 years
- Satisfactory cash flow from the subject business
- Loan to value less than 60%
- Excellent condition of the property (Recently rehabbed)
Withdrawal by the Client
- Financing Required: $1,250,000
 
- Purpose: Refinance of the existing SBA loans to reduce the monthly payment
- Coin laundry property and business​
- Target Rate: Below 5% Fixed Rate for 5 Yrs Term
Highlights
- Owner occupied property and same owner has operated coin laundry for over 10 years​
- Additional collateral of the guarantor's other business
- Satisfactory cash flow fromthe subject business
Funded

Result:

Interest Rate: 4.375% Fixed for 5 Years

Term: 5 Yrs Due / 25 Yrs Amortization

Loan Fee: 0.75%

Highlights: Pre-payment penalty to be waived in case of sale.

- Financing Required: $2,500,000
 
- Purpose: Refinance of the existing mortgage
- Retail Shopping Center with Anchor Tenants 
- Target Rate: Below 4.375% Fixed Rate for Minimum of 5 Years
- Minimum cost of refinance due to the existing 1% Prepayment Penalty
Highlights
- Anchor Tenants - KFC and Rite Aid
- 100% Occupancy
- lower than 50% loan to value
- Guarantor's ample net worth with strong liquidity
Funded

Result:

Interest Rate: 4.70% Fixed for 5 Years

Term: 7 Yrs Due / 25 Yrs Amortization

Loan Fee: 0.50%

Highlights: Pre-payment penalty to be waived in case of sale.

- Financing Required: $1,200,000
 
- Purpose: Purchase of office building in Orange County, CA
- Retail and Office Building  (11 Units with 7,936 SF of Leasable Space)
- Most of tenants are on Month-to-Month contract
Highlights
- Over 100% occupancy based on leasable space
- Sufficient cash flow (Current DCR is well over 1.30 x)
- Guarantors extensive experience in the property management
- 60% Loan to Value based on the appraisal value
Funded

Result:

Interest Rate: 4.375% Fixed for 7 Years

Term: 30 Years

Loan Fee: 0.25%

Highlights: Loan is assumable 

- Financing Amount: $1,800,000
 
- Purpose: Conversion of construction loan to permanent financing
- Target Rate: Below 4.375% Fixed Rate for Minimum of 7 Years
Highlights
- 58% Loan to Value
- 85% of units are under lease contract
- Prime location of the property and satisfactory pro-forma cash flow
- Guarantors' extensive experience in the management of multi-unit residential properties
- Financing Amount: $650,000
 
- Purpose: Refinance of the existing mortgage and cash out
- Retail Shopping Center in Gardena, CA
- Target Rate: Below 4.75% Fixed Rate for Minimum 5 Yrs Term
Funded

Result:

Interest Rate: 4.45% Fixed for 5 Years

Term: 5 Yrs Due / 25 Yrs Amortization

Loan Fee: None

Highlights: Prepayment Penalty to be waived in case of sale.

Highlights
- Over 100% occupancy for over 10 years
- Stabilized cash flow as the tenants has operated business for over 10 years
- 50% Loan to Value
Funded
- Financing Amount: $845,000
 
- Purpose: Purchase of 6-Unit Apartment in Huntington Park, CA
- Target Interest Rate: below  4.50% Fixed Rate for minimum 5 yrs term.
Highlights
- 100% Occupancy 
- Loan to Purchase 60%
- Satisfactory cash flow (Historical DCR: 1.27 x)
- Low LTV (based on the previous appraisal value)

Result:

Interest Rate: 4.45% Fixed for 5 Years

Term: 30 Years

Loan Fee: None

Highlights: Loan is assumable and No Loan Fee

© Copyright 2016 Solidon Corp & Solidon Real Estate, Inc. All Rights Reserved

21707 Hawthorne Blvd. Ste 107, Torrance, CA 90503

Tel: 213 - 706 - 5848    /   Fax: 866 - 323 - 4948  /   Email: Contact@solidoncorp.com 

Solidon Corp and Solidon Real Estate, Inc. are licensed under Department of Business Oversight and CA Department of Real Estate and operate in full compliance with California regulation. 

CFLL 60DBO-56512 / DRE 02061367 / NMLS 1614815

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