Property: Commercial Building Loan Amount: $1,750,000
This $1.75M loan was to refinance an animal hospital in Laguna Niguel, California. The property is leased by VCA Animal Hospitals, Inc., a wholly owned subsidiary of Mars Inc., one of the largest privately held companies in the U.S.
This was one of two loan requests submitted simultaneously by the sponsor. Stronghill was able to close both deals and meet the sponsor’s objective by executing closing prior to the current maturing loan.
Stronghill Capital is an established national direct lender for income producing real estate—including commercial, multi-family, and investment residential properties. Our experienced team is adept at building and maintaining long-term relationships with borrowers and intermediaries to support their ongoing needs.
Loan proceeds may not be used for personal, family or household purposes. Stronghill Capital does not provide consumer loans.