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.
Spectacular Kirkland Waterfront/ Foreign National Investor
Foreign national investor sought a quick and certain close on one of the finest remaining undeveloped parcels fronting Kirkland’s coast on Lake Washington.
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.
Bridge Acquisition Loans for Future Development
This sponsor acquired four separate parcels. SFG provided four bridge acquisition loans for future development.
1910 Mansion Remodel with Short Plat
Mansion was purchased for the purpose of creating a short plat, building 2 spec homes and remodeling the existing mansion and reselling it.
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.
Luxury Rental Property
A well-qualified international investor was looking to build a portfolio of …
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
16 Finished Lots Ready to Go
Seattle Funding Group recently sent out marketing information on this …
Acquisition Financing in Los Angeles
This was a fairly straightforward non-owner, acquisition financing in Los …
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.
Lot Acquisition Financing in La Jolla
SFG provided 50% lot acquisition financing for these two residential lots located on La Jolla’s Mt. Soledad.
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.
Lot Acquisition Financing
Seattle Funding Group of California provided acquisition financing for this hillside …
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.
Seattle’s Best Retail Location
Prime commercial retail location right next to the University Village …
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.
Rate & Term Refi on 2 SFR Lots
This rather straightforward transaction underscores the value of a solid, …
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.
Ground-Up Construction – Phase III
This builder/developer client is on his fourth loan since beginning …
