top of page
Solidon Finance
Your Total Financial Solution
Commercial
Real Estate Loans
Available
We are still searching for lenders. Please review the credit request summary and let us know.
In process
We have matched our client with the best lender and it is under process. You can still review the credit request summary.
Completed
Final approval has been obtained and the loan has been funded
Available
- Financing Requested: $1,500,000
- Purpose: Refinance
- Property Type: Owner-Occupied
- Target Rate: 7-Yr Fixed rate below 4.50%
Highlights
- Estimated Loan to Value below 60%
- Stabilized cash flow (3-Yr Average DCR 2.35 x)
- Established Business (over 15 years) / Ample net worth of guarantor
Completed
(December 2019)
- Financing Requested: $3,500,000
- Purpose: Refinance and Cash-Out
- Property Type: Motel
- Target Rate: Fixed rate below 5.50%
Highlights
- Estimated Loan to Value below 60%
- Stabilized cash flow (3-Yr Average DCR 1.35 x)
- Ample net worth of guarantor (Over $18 million net worth)
Completed
(November 2019)
- Financing Requested: $3,000,000
- Purpose: Refinance of the existing mortgage
- Property Type: Class B Office Building
- Target Rate: Fixed rate below 4.50%
Highlights
- 50% Loan to Value
- Stabilized rental cash flow from the subject property
- Over 90% Occupancy Rate and Debt coverage ratio 2.63 x
Completed
(Funded on August 2019)
- Financing Requested: $2,500,000
- Purpose: Purchase of Warehouse
- Property Type: Flex - Light Manufacturing
- Target Rate: Fixed rate below 5%
Highlights
- 65% Loan to Purchase
- Excellent cash flow from the borrower's business (Combined DCR 2.8 x)
- Over 90% Occupancy Rate and Debt coverage Ratio 1.7 x
Completed
(Funded on August 2019)
- Financing Requested: $1,100,000
- Purpose: Purchase of Mobile Home Park & 8-Unit Apt in Henderson, NV
- Property Type: Mobile Home Park & Multi-Family
- Target Rate: Fixed rate below 5.50%
Highlights
- 45% Down Payment
- Stabilized rental cash flow from the subject property
- Debt coverage ratio 2.3 x
Completed
(Funded on July 2019)
- Financing Requested: $4,300,000
- Purpose: Refinance & Cash Out
- Property Type: 25-Unit Multi Family
- Target Rate: Fixed rate below 4.25%
Highlights
- Loan amt not to exceed 60% LTV
- Stabilized rental cash flow from the subject property
- Guarantors' ample net worth and strong cash flow
Completed
(Funded on July 2019)
- Financing Requested: $1,300,000
- Purpose: Purchase of Commercial Property in Anaheim, CA
- Property Type: Industrial Building
- Target Rate: Fixed rate below 5.00%
Highlights
- 50% Down Payment
- Seller's leaseback for 10 years
- Borrower's strong cash flow and high net worth
Completed
(Funded on May 2019)
- Financing Reqquested: $660,000
- Purpose: Purchase of Commercial Property in Pomona, CA (1031 Exchange)
- Property Type: 4-Unit Retail Building
- Target Rate: Below 6%
Highlights
- 60% Down Payment
- 75% occupancy
- Borrower's strong income source from other business
Completed
(Funded on March 2019)
- Financing Requested: $350,000
- Purpose: Cash out from the equity (2nd Deed of Trust)
- Property Type: 8-unit Apt in Koreatown
- Target Rate: within two weeks and under 10%
Highlights
- Below 60% Combined Loan to Value
- 100% occupancy
- Property is currently on the market for sale and the loan will be paid off at COE.
Completed
(Funded on Feb 2019)
- Financing Requested: $470,000
- Purpose: Refinance of the existing mortgage
- Property Type: Hotel
- Target Rate: below 6% Fixed Rate for 5 years
Highlights
- Below 40% Loan to Combined Value
- Stabilized cash flow
- Excellent payment history for over 15 years
- Guarantor's ample net worth
Completed
(Funded on Feb 2019)
- Financing Requested: $9,000,000
- Purpose: Note Purchase Financing
(through Private Money Lenders)
- Property Type: Multiple Properties (11 Properties)
- Target Rate: below 10% for 18 months
Highlights
- Below 30% Loan to Combined Value
- Ample net worth of the borrower
- Note is secured by Deed of Trust which is 50% LTV
- Seasonsed real estate investor
Completed
(Funded on September 2018)
Interest Rate: 5.675 Fixed for 5 Yrs
Term: 5 Yrs Due / 25 Yrs Amortization
Fee: 0.50%
Prepayment Penalty to be waived in case of sale.
- Financing Requested: $1,400,000
- Purpose: Refinance of the existing Mortgage Plus Cash Out
- Property Type: Motel
- Target Rate: below 5.75% fixed rate for minimum 5 years / 25 years
Highlights
- Below 55% Loan to Value
- Historically proven cash flow to service the debt
- Prime location in South Bay
Completed
Funded on August 2018
- Financing Requested: $2,700,000
- Purpose: Purchase of Multi-Family Property
- 15-Unit Apartment
- Target Rate: below 5% fixed rate for minimum 7 years / 25 years
Highlights
- 35% Down Payment of Total Purchase Price
- 100% Occupancy
- Potential to improve cash flow
- Prime location in K Town
Withdrawal by the Client
(July 2018)
- Financing Requested: $2,300,000
- Purpose: Purchase of Business and Rental Property
- Partial Owner Occupied and Rental Property
- Target Rate: below 6% fixed rate for minimum 7 years / 25 years
Highlights
- 35% Down Payment of Total Purchase Price
- Guarantor's extensive experience in the same industry
- Satisfactory business cash flow
- Business longevity at the same location (over 20 years)
- Financing Required: $1,260,000
- Purpose: Purchase of Industrial Building
- Warehouse Property for owner-user
- Target Rate: below 5% fixed rate for minimum 7 years / 25 years
Completed
(Funded on July 2018)
Result:
Interest Rate: 5.06% Fixed for 10 Years
Term: 10 Yrs Due / 25 Yrs Amortization
Loan Fee: NA
Highlights: Appraisal fee paid by the lender
Highlights
- 40% Down Payment + Additional Capital injection for the property improvement.
- Guarantor's satisfactory credit history
- Satisfactory business cash flow
- Proven history of business operation (over 15 years)
Completed
(Funded on June 2018)
Result:
Interest Rate: 5.50% fixed for 3 years and Prime + 1% for the remaining 2 years
Term: 5 Yrs Due / 25 Yrs Amortization
Loan Fee: 1.00%
Highlights: Pre-payment penalty to be waived in case of sale.
- Financing Required: $470,000
- Purpose: Refinance and Consolidation of the existing mortgage
- Mixed Use Property (Rental Property)
- Target Rate: 5.75% Fixed Rate for 3 years and Variable for 2 Years
Highlights
- Lower than 60% LTV
- Guarantor's satisfactory credit history
- Satisfactory rental cash flow
- Excellent payment history with the existing lender for the past 10 years
- Additional collateral of the borrower's house
Weaknesses
- Weak personal cash flow due to other investment properties.
Completed
(Funded on June 2018)
Result:
Interest Rate: 4.25% Fixed for 5 Years
Term: 5 Yrs Due / 25 Yrs Amortization
Loan Fee: 1.00%
Highlights: Pre-payment penalty to be waived in case of sale.
- Financing Required: $4,700,000
- Purpose: Purchase of industrial building
- Owner Occupied / Rental
- Target Rate: 4.75% Fixed Rate for 5 years and Variable for 2 Years
Highlights
- 65% LTP
- Satisfactory cash flow from the operating company
- Excellent credit history
- Ample net worth of the guarantors
- Additional collateral on the operating company
Completed
(Funded on May 2018)
Result:
Interest Rate: 5.50% Fixed for 5 Years
Term: 5 Yrs Due / 25 Yrs Amortization
Loan Fee: 1.00%
Highlights: Pre-payment penalty to be waived in case of sale.
- Financing Required: $1,000,000
- Purpose: Refinance of the existing Hard-Money loan
- Owner occupied property + Rental Units
- Target Rate: 5.5% Fixed Rate for 5 years
Highlights
- Owner occupied property and the owner has recently opened additional store.
- The owner has operated same type of business for over 10 years
- Satisfactory cash flow from the subject business
- Loan to value less than 60%
- Excellent condition of the property (Recently rehabbed)
Withdrawal by the Client
- Financing Required: $1,250,000
- Purpose: Refinance of the existing SBA loans to reduce the monthly payment
- Coin laundry property and business
- Target Rate: Below 5% Fixed Rate for 5 Yrs Term
Highlights
- Owner occupied property and same owner has operated coin laundry for over 10 years
- Additional collateral of the guarantor's other business
- Satisfactory cash flow fromthe subject business
Completed
(Funded on March 2018)
Result:
Interest Rate: 4.375% Fixed for 5 Years
Term: 5 Yrs Due / 25 Yrs Amortization
Loan Fee: 0.75%
Highlights: Pre-payment penalty to be waived in case of sale.
- Financing Required: $2,500,000
- Purpose: Refinance of the existing mortgage
- Retail Shopping Center with Anchor Tenants
- Target Rate: Below 4.375% Fixed Rate for Minimum of 5 Years
- Minimum cost of refinance due to the existing 1% Prepayment Penalty
Highlights
- Anchor Tenants - KFC and Rite Aid
- 100% Occupancy
- lower than 50% loan to value
- Guarantor's ample net worth with strong liquidity
Completed
(Funded on Jan 2018)
Result:
Interest Rate: 4.70% Fixed for 5 Years
Term: 7 Yrs Due / 25 Yrs Amortization
Loan Fee: 0.50%
Highlights: Pre-payment penalty to be waived in case of sale.
- Financing Required: $1,200,000
- Purpose: Purchase of office building in Orange County, CA
- Retail and Office Building (11 Units with 7,936 SF of Leasable Space)
- Most of tenants are on Month-to-Month contract
Highlights
- Over 100% occupancy based on leasable space
- Sufficient cash flow (Current DCR is well over 1.30 x)
- Guarantors extensive experience in the property management
- 60% Loan to Value based on the appraisal value
Completed
(Funded on October 2017)
Result:
Interest Rate: 4.375% Fixed for 7 Years
Term: 30 Years
Loan Fee: 0.25%
Highlights: Loan is assumable
- Financing Amount: $1,800,000
- Purpose: Conversion of construction loan to permanent financing
- Target Rate: Below 4.375% Fixed Rate for Minimum of 7 Years
Highlights
- 58% Loan to Value
- 85% of units are under lease contract
- Prime location of the property and satisfactory pro-forma cash flow
- Guarantors' extensive experience in the management of multi-unit residential properties
Completed
(Funded on August 2017)
Result:
Interest Rate: 4.45% Fixed for 5 Years
Term: 5 Yrs Due / 25 Yrs Amortization
Loan Fee: None
Highlights: Prepayment Penalty to be waived in case of sale.
- Financing Amount: $650,000
- Purpose: Refinance of the existing mortgage and cash out
- Retail Shopping Center in Gardena, CA
- Target Rate: Below 4.75% Fixed Rate for Minimum 5 Yrs Term
Highlights
- Over 100% occupancy for over 10 years
- Stabilized cash flow as the tenants has operated business for over 10 years
- 50% Loan to Value
Completed
(Funded on July 2017)
- Financing Amount: $845,000
- Purpose: Purchase of 6-Unit Apartment in Huntington Park, CA
- Target Interest Rate: below 4.50% Fixed Rate for minimum 5 yrs term.
Highlights
- 100% Occupancy
- Loan to Purchase 60%
- Satisfactory cash flow (Historical DCR: 1.27 x)
- Low LTV (based on the previous appraisal value)
Result:
Interest Rate: 4.45% Fixed for 5 Years
Term: 30 Years
Loan Fee: None
Highlights: Loan is assumable and No Loan Fee
bottom of page