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HomeForumsClassifiedsBridge loan needed for mixed-use project in coastal San Diego
Jim Simcoe's profile image
Jim Simcoe's profile image
Jim Simcoe
  • Developer
  • from Encinitas, CA
  • Member since Mar 5, 2010
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Jim Simcoe's profile image
Jim Simcoe's profile image
Jim Simcoe
  • Developer
  • from Encinitas, CA
  • Member since Mar 5, 2010
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Jim Simcoe
  • Developer
  • Encinitas, CA
3
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25
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Bridge loan needed for mixed-use project in coastal San Diego

Jim Simcoe
  • Developer
  • Encinitas, CA
Posted Jun 4 2018, 15:58

Hi all, we need a mez/bridge ($100k-$400k) loan for a construction project here in San Diego. Loan would be in second position to our construction loan. Current loan is approx. $6.2M, finished value is $9.5M. 

Project is a mixed-use development in coastal Oceanside.  We're 80% and need funds to finish the project.   Need the loan for approx. 3-6 months max.

If interested please text me at: 760-271-7128.

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