Location: San Diego, CA

Loan Amount: $1,441,000

Term/Amortization: 10/30

Loan to Value: 73%

Loan Type: Acquisition

Overview:
Arriba Capital helped this investor finance his first commercial property. This 8-unit complex is located in San Diego and was able to secure 10yr fixed financing with a 30yr amortization. Our borrower plans for this to be the first of many properties and intends to use Arriba on the next acquisitions.