$2,200,000 Commercial Cash-Out Refinance

Shawbrook Capital is pleased to announce the successful closing of a $2.2MM cash-out refinance for a commercial banquet hall property in Riverside, CA. The sponsor originally acquired the asset in 2021 and invested approximately $1.5MM in renovations, completing a full upgrade that significantly enhanced the property. The asset is now fully leased, generating approximately $30,000 in monthly gross rent. Shawbrook Capital structured a 40% LTV financing solution that addressed several key challenges, including paying off delinquent property taxes, receiving cash-out funds for business needs, and retiring the existing lender’s lien on a secondary property that the borrower intends to sell. All closed with precision and efficiency.

Another example of Shawbrook Capital delivering creative structuring and certainty of execution when it matters most.