Archives: SFG Deals

La Jolla Refinance

The borrower called late one morning needing assistance. We met with him at his office that same afternoon, heard about his current situation, and then left to see the subject property. We called him early the same evening from the subject property and provided immediate deal-certainty.

Spec SFR Construction – Repeat Client

As is typical with a meaningful percentage of Seattle Funding Group’s construction loans, this is a repeat borrower building a second spec house after a prior, successful project utilizing SFG’s financing.

Acquisition, Fix and Flip

This builder focuses on fix and flips and new construction in Maple Valley, WA, a growing suburb southeast of Seattle. They have an excellent record of successful loans with Seattle Funding Group for over 10 years.

Luxury Spec Construction

Luxury spec home construction projects in the highly coveted Clyde Hill neighborhood of Bellevue Washington.

Acquisition for Demo & Development

Seattle Funding Group had been talking to and working with these experienced builders/developers for over 12-months before they identified and closed on this terrific residential acquisition for demo and development.

Acquisition of Fix & Flip SFR

The borrowers had contracted the purchase of a fix & flip property, and they needed deal certainty and a quick close in order to comply with the terms of the purchase. As a direct portfolio lender, SFG was able to offer the immediate deal certainty required.

Lake Washington Waterfront Investment

The borrower’s 1031 exchange was in jeopardy and time was of the essence to purchase this residential waterfront investment property. His bank needed more time so his banker turned to SFG to get the job done and buy the bank the time it needed.

Prime Commercial Park City

Prime downtown commercial property on Main Street, Park City, Utah. Time was of the essence as a terrific value was negotiated for an early close.

Three Days from Start to Finish

The borrower texted Seattle Funding Group of California over the weekend asking for a Sunday appointment on an acquisition loan they needed to close by Thursday…or they’d lose the purchase opportunity AND their nonrefundable deposit. SFG of CA met them as requested on Sunday morning, and without cutting any corners, SFG’s staff touched every base and closed on Wednesday afternoon – one day early.

Subdivision Development Loan

This investment property on an extra-large lot was ready for transformation into a new subdivision development of high end homes

Lot Acquisition Financing in LA

SFG provided the responsive lot acquisition financing necessary to close escrow on the purchase of these two, well-located and finished lots in Marina del Rey.

Acquisition Financing in San Diego

SFG provided the acquisition financing for a repeat client who is expanding their beach-area vacation rental portfolio in San Diego, California.

Malibu Ocean Front Estate

The borrower had paid cash less than three weeks earlier for this beachfront investment property. The intent from the onset had been to leverage the acquisition, but time and circumstances dictated otherwise. The return of their liquidity was necessary for immediate business purposes, SFG’s quick cash-out refinance allowed the owner to recover a significant portion of their investment.

Acquisition Financing for Vacation Rental

This 4-time repeat client was referred to Seattle Funding Group in the summer of 2011 when she was looking for acquisition financing for the first beach vacation rental for her portfolio.

Transitional Financing

At the request of an existing client, Seattle Funding Group provided transitional financing at a 60% level for the acquisition of this terrific Bayfront investment property.

Commercial Refinance

The Borrower needed deal certainty on this commercial cash out refinance to take advantage of a significant opportunity with a now looming deadline.

Time Sensitive Bridge Financing

SFG’s time sensitive bridge financing will provide the time necessary to complete the project and enjoy recovery where a short time ago, none of that seemed possible.

Higher-end Fix & Flip

SFG performed and this allowed the clients to close escrow on time and save their terrific higher-end fix & flip opportunity.

New Construction – Spec Residential

The Sponsor is building a spec home in one of Coachella Valley’s most prestigious golf course communities – Bighorn in Palm Desert, California.

Acquisition, Fix & Flip

SFG quickly engaged the sponsor, assessed the situation and committed to meeting the much-abbreviated closing date. SFG provided 65% acquisition financing and a holdback to complete 100% of the proforma costs of the planned improvements, once approved and permitted by the city

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