$20,500,000

Bridge Loan

Los Gatos, CA

W Financial has provided a $20,500,000 first mortgage bridge loan secured by two commercial properties located in Los Gatos, California: one on North Santa Cruz Avenue and the other on Main Street. The borrower needed the funds to purchase one of the properties and refinance the other property. The borrower plans to refinance
W Financial’s loan with either a construction loan or a conventional bank loan.