DEAL HIGHLIGHTS
Loan Amount: $780,000
LTV: <50%
Loan Type: Refinance Loan
Property Type: 10,000 SF Mixed Use Property
Location: Pleasanton, CA
ABOUT THIS DEAL
SDC Capital recently closed a $780,000 refinance loan secured by a 10,000 square foot mixed-use property located in downtown Pleasanton, California. The borrower had recently completed a partner buyout, which, due to several extenuating circumstances, temporarily impacted their credit profile.
The loan proceeds were used to pay off an existing loan and fund planned property renovations. The borrower intends to refinance with a conventional lender once their credit improves, and the new tenant leases have had time to season.
This transaction highlights SDC Capital’s flexible underwriting approach and ability to support experienced borrowers navigating transitional situations.