Laguna Niguel, CA

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.

See more of our recently closed deals.