SDC Capital Funds $2,500,000 Purchase Loan in San Bernardino, CA

DEAL HIGHLIGHTS

• Loan Amount: $2,500,000

• LTV: 56%

• Loan Type: Purchase Loan

• Property Type: Multifamily Property

• Location: San Bernardino, CA

ABOUT THIS DEAL

SDC Capital recently funded a $2,500,000 purchase loan secured by a multifamily property in San Bernardino, California. The borrower’s original lender backed out at the last minute, leaving them without the cash needed to close—and without time to pursue conventional financing.

The borrower leveraged equity in a stabilized multifamily property to access capital for other investment objectives. The property’s strong in-place income supported the structure and contributed to the deal’s low leverage.

SDC stepped in quickly, requiring no property appraisal, and structured a creative solution that enabled a timely close—just before the borrower’s existing loan matured.