Wilshire Quinn Capital Facilitates $6.1 Million Refinance in North Hollywood
Wilshire Quinn Capital has taken a significant step in the real estate financing landscape by announcing the approval of a $6,125,000 refinance loan. The loan is designated for a newly constructed multi-family property situated in the vibrant North Hollywood Arts District of California. Completed in 2024, this contemporary building boasts 12 fully leased units, spanning an impressive 18,432 square feet, all on a .31-acre lot. The property stands out not only for its size but also for its strategic location, which offers easy access to shopping, entertainment venues, and the Burbank Airport, making it an attractive option for residents and investors alike.
Christopher Garcia, CEO of Wilshire Quinn, highlighted the essence of the company’s lending strategy. He underscored that 'speed is the cornerstone of our lending platform'. In a market where time truly is of the essence, the company excels at funding bridge loans in a matter of days rather than the lengthy timelines often associated with traditional banks. This swift approach is designed to meet the immediate financial requirements of borrowers who cannot afford delays.
Garcia further explained, 'Once we determine that a borrower’s goals align with ours, we act immediately, just as we did in our most recent funding in North Hollywood.' This method not only reinforces the urgency of real estate transactions but also showcases the company's commitment to supporting dynamic property developments in the area.
Wilshire Quinn distinguishes itself as a direct portfolio lender with a strong reputation for delivering senior debt financing across various property types. This includes investment residential units, multi-family buildings, condominiums, hotels, parking lots, office structures, and retail centers. The firm is capable of processing loans that range from $500,000 to an impressive $20,000,000, making them a flexible partner for real estate owners and mortgage professionals throughout the country.
The recent refinance loan in North Hollywood represents just one of many initiatives Wilshire Quinn Capital has undertaken to fortify its presence within the competitive real estate financing market. By consistently funding loans in quick succession, they're helping reshape how financing is approached, particularly in fast-paced locations like Southern California.
Looking ahead, Wilshire Quinn plans to continue its focus on delivering responsive lending solutions. As real estate opportunities evolve, the firm is poised to adapt to the demands of its borrowers while remaining committed to its mission of facilitating property investments with speed and reliability.
Based in San Diego, California, Wilshire Quinn operates under NMLS #2282570. They are licensed in accordance with California Finance Lenders Law license #603J060. More details about their financing options and processes can be found on their official website. The firm emphasizes that its mortgage loan products cater to qualified borrowers and are intended for business or commercial purposes only, subject to specific terms and conditions.
As the real estate market continues to recover, financing options like those provided by Wilshire Quinn will be integral in supporting future developments that meet the needs of urban dwellers in vibrant areas like North Hollywood.
Christopher Garcia, CEO of Wilshire Quinn, highlighted the essence of the company’s lending strategy. He underscored that 'speed is the cornerstone of our lending platform'. In a market where time truly is of the essence, the company excels at funding bridge loans in a matter of days rather than the lengthy timelines often associated with traditional banks. This swift approach is designed to meet the immediate financial requirements of borrowers who cannot afford delays.
Garcia further explained, 'Once we determine that a borrower’s goals align with ours, we act immediately, just as we did in our most recent funding in North Hollywood.' This method not only reinforces the urgency of real estate transactions but also showcases the company's commitment to supporting dynamic property developments in the area.
Wilshire Quinn distinguishes itself as a direct portfolio lender with a strong reputation for delivering senior debt financing across various property types. This includes investment residential units, multi-family buildings, condominiums, hotels, parking lots, office structures, and retail centers. The firm is capable of processing loans that range from $500,000 to an impressive $20,000,000, making them a flexible partner for real estate owners and mortgage professionals throughout the country.
The recent refinance loan in North Hollywood represents just one of many initiatives Wilshire Quinn Capital has undertaken to fortify its presence within the competitive real estate financing market. By consistently funding loans in quick succession, they're helping reshape how financing is approached, particularly in fast-paced locations like Southern California.
Looking ahead, Wilshire Quinn plans to continue its focus on delivering responsive lending solutions. As real estate opportunities evolve, the firm is poised to adapt to the demands of its borrowers while remaining committed to its mission of facilitating property investments with speed and reliability.
Based in San Diego, California, Wilshire Quinn operates under NMLS #2282570. They are licensed in accordance with California Finance Lenders Law license #603J060. More details about their financing options and processes can be found on their official website. The firm emphasizes that its mortgage loan products cater to qualified borrowers and are intended for business or commercial purposes only, subject to specific terms and conditions.
As the real estate market continues to recover, financing options like those provided by Wilshire Quinn will be integral in supporting future developments that meet the needs of urban dwellers in vibrant areas like North Hollywood.
Topics Financial Services & Investing）
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