Mortgage lead for Commercial loan in Fresno, CA, 93710

Loan Request for Commercial loan in Fresno, CA, 93710

Request #3724409 by Lender

Date Posted

4/5/2025 10:52:35 AM

Property at

Fresno, CA, 93710, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$5,750,000

Loan Request

$2,100,000

LTV

36.52 %

Credit Rating

740-749

Net Worth

$1,000,000 - $4,000,000

Loan Purpose

Refinance all

Purpose

Seeking hard money loan for Ground-up construction project in Fresno County—a 10,000 sq. ft. retail strip center that will be anchored by Starbucks.

• Starbucks will occupy 2,220 sq. ft. and include a drive-thru.
• The remaining 7,800 sq. ft. will be available for Medical/Dental, QSR, and other targeted tenants.

They are seeking a 12-month term loan of $2,000,000. The project is ready to break ground, and all funds will be placed into fund control. Borrowers are established developers with many projects completed and are based in the Central Valley.
The projected post-construction value is estimated at $5.9 million on the low end with solely the Starbucks lease. Borrowers have an established relationship with a Bank to do the takeout once project is completed.

Attached is the flier for review. See https://www.lendersa.com/files/loan/33BE18D4/brochure-starbucks-l3087153.pdf

Hard Money Guides

TYPES OF LOANS WE HANDLE:

PRE-APPLICATION OPTIONS:

CALCULATE FIX N' FLIP MAX LOAN AMOUNT IN STATE

BLOG SUBJECTS

Loan Request for Commercial loan in Fresno, CA, 93710