Chula Vista, CA

RETAIL

Arixa Capital provided a loan in the amount of $1,250,000 for the refinance of a two-story retail + residence located in Chula Vista, CA. The client is refinancing his current capital stack and netting cash-out to be used for real estate purposes. Upon refinance, the client will still have substantial equity in the project.

Loan Amount: $1,250,000
Term of Loan: 12 Months
Loan-To-Value: 73.5%
Amortization: Interest Only
Guarantee: Recourse