Case Study: Office-Building Purchase (Mission Viejo, CA)

by

Location:- Mission Viejo CA

Loan Amount:- $2,100,000

1. ChallengeĀ 

The borrower came to us needing to close within a week, or they were going to lose the agreed contract price, due to not closing in time as agreed by the borrower and seller.

So, Why Private Capital Investors?

Private Capital Investors has a vast amount of investorā€™s around the country that can move fast, and even close on a deal without an appraisal.

2. How do we tackle the challenge?

Private Capital Investors know the stress involved with purchase transactions and how they can go South if not placed with the right investor. Since this was a California deal in an excellent location, we knew right away which local investor to call.

Mission Viejo Closing

3. Outcome

Private Capital Investors was able to provide a term sheet the same day and get the process moving along so that we could be able to accomplish the goal set out by the borrower. We were able to provide a commercial loan for the office building.

4. Testimonials

I just wanted to write a brief testimonial and thank Private Capital Investors for saving my deal, and for saving me from losing about $500,000 in equity, since I was getting a great deal due to the Covid-19 situation.

From the beginning, Private Capital Investors handled the process very professionally, and always gave me comfort and assurance that they would make sure my loan closed in time. I have to admit, I was very skeptical at first, especially since Private Capital Investors is not a local lender, and even the local lenders were not able to assure me closing by the deadline. I have been in investor a long time, and I am actually in the business of lending myself, but never have I experienced a company that made themselves available day or night, and even on the weekends. If I did not own my own company and work for myself, I would want to work with a company as professional as Private Capital Invesors. If you are under a crunch time to get a loan closed that went bad with another lender, call the CEO Keith Thomas, he will make sure your file gets priority.

– Josh

Want to learn more? Get in touch with us today.

Similar Blog

How to Invest in CRE in N0-Income Tax States?

How to Invest in CRE in N0-Income Tax States?

The real estate sector provides an excellent opportunity for investors to make the most of the investment and earn high income over the years. Undoubtedly, having a fair idea about the industry will ensure great returns. Most real estate investors now undertake every...

How to Identify & Search CRE Property Classes from A to C?

How to Identify & Search CRE Property Classes from A to C?

The property classes provide the commercial real estate investors with a good idea about the value and the potential future value of the real estate they are considering. The Classes type provides the interested party a general idea about the property's quality based...

How Covid-19 Comeback News is Affecting Mortgage Rates?

How Covid-19 Comeback News is Affecting Mortgage Rates?

The pandemic severely affected the commercial real estate market. Although things are getting back to normal, certain aspects can still be reversed back. In 2020 the housing market was a redhead, and the consumers chose to flee the cities to the suburbs. However, the...

Want to learn more? Get in touch with us today.

Our experienced team is ready to assist with your financing needs.

Address:
2101 Cedar Springs Road Suite 1050 Dallas, TX 75201

Phone:
(972) 865-6205

Email:
info@privatecapitalinvestors.com