01/23/2020
TGP Funding announced Thursday that its private lending fund, the TGP Opportunity Fund, has provided a $1,650,000 refinance loan in Huntington Beach, California.
The multi-family property is comprised of 2,149 square-feet on a 5,873 square-foot lot, and was recently appraised for $925,000. We also cross-collateralized a 3-unit property in Huntington Beach, California. The second property is comprised of 4,462 square feet on a 9,019 square foot lot and was recently appraised for $1,600,000. The combined loan-to-value was 65 percent on this transaction.
SAN DIEGO, CA / ACCESSWIRE / January 23, 2020 / TGP Funding announced Thursday that its private lending fund, the TGP Opportunity Fund, has provided a $1,650,000 refinance loan in Huntington Beach, California. The multi-family property is comprised of 2,149 square-feet on a 5,873 square-foot lot, an...