SQUARE FOOTAGE: 5,284 square foot building on 32,714 square foot lot
LOAN AMOUNT: $1,000,000
LOAN TYPE: Commercial – Restaurants
STATUS: Paid Off
DESCRIPTION:A restaurant owner with a large parcel on Florence Avenue sought funding to reposition his old restaurant by building a new structure with two tenant spaces. Pacific West stepped in to provide a substantial loan quickly, facilitating the transition. With experience in financing various property types, including restaurants, Pacific West made it possible for the owner to enhance the property’s value and diversify its revenue streams.