Example of Pacific West Mortgage Fund loans

How we have partnered with our borrowers to solve their financial needs

Retail Building This building was 30 percent occupied and was in the process of being refurbished. The owner needed to take out an existing private money first that had come due, putting him in a financial bind. Pacific West solved the owner's problem by taking out the existing loan and advancing additional money. He was able yo finish refurbishing the property and complete the lease-up of the remaining vacant space.
Single Family Residence The borrower, a contractor, urgently needed funds to complete construction of a single family residence. Pacific West arranged financing in the amount of $3,650,000 within two weeks of receiving his loan application, allowing him to finish construction on time and on budget.
Owner Occupied Industrial Due to unforeseen circumstances, this client needed to borrow funds to prevent the foreclosure of his company offices. Pacific West funded the loan in one week, even though his company was in default. As a result, he was able to avoid foreclosure, which in turn gave him time to solve his business problems. This allowed the borrower to continue business operations at the property.
Storage Lot The owner was forced into bankruptcy after the tenant left and the property went into default. One half of the property was subject to a long term Caltrans lease and the other half was owned in fee simple. The property also had four underground gas tanks which had to be removed. Pacific West arranged a loan secured by both the fee simple land and the leasehold estate. We also assisted in the cleanup and environmental testing to expedite the closing of the loan. As a result, the loan was completed in 90 days, which allowed the owner to get out of bankruptcy and re-lease the property.