OPV

Location:

San Diego, CA

Financing:

$5,300,000
Bridge Financing

Deal Type:

Bridge

Property Type:

Retail Renovation

Fident Capital secured a $5.3MM loan for the refinance and improvement of a multi-tenant neighborhood retail center in the historic core of Poway, California. The asset sits on “main-street” in the heart of the community and final touches to the borrower’s deep renovations were needed to return the center to its original charm. A regional Bank provided the financing that returned a significant amount of the borrower’s initial equity investment and covered all the planned renovation expenditures.

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