Finance Division's Recent Closing Correspondent Relationships & Borrower Representations

MacLaughlin & Company,
through its correspondent lender relationship,
$3,500,000
LAND!
12% 5yr Fixed
Transaction Details
Property owner faced a balloon note maturity. Maclaughlin & Company structured the loan to provide for continued development costs and interest payment reserves.

MacLaughlin & Company,
through its correspondent lender relationship,
$575,000
Not-for-profit company
SPECIAL PURPOSE PROPERTY!
5.6% 10yr Fixed, 20yr term
Transaction Details
Property owner faced a balloon note maturity. Maclaughlin & Company provided the loan for this not-for-profit entity. Challenges included a non-recourse requirement & special purpose property.

MacLaughlin & Company,
through its correspondent lender relationship,
SUCCESSFULLY CLOSED!!!
Assisted Living Facility $4,650,000
20yr amo/10 yr maturity
4% Three year fixed interest rate
Transaction Details
Property owner faced a balloon note maturity. Maclaughlin & Company structured the loan to include cash out for working capital.We met the maturity date for continued operations of the facility.

MacLaughlin & Company,
through its correspondent lender relationship,
SUCCESSFULLY CLOSED!!!
Bed & Breakfast $550,000
5yr maturity
8.25% fixed rate/Interest only
REO acquisition financing
Transaction Details
Maclaughlin & Company provided 100% financing of this bed & breakfast by collateralizing another property borrower held in a low leveraged position.
- $7,300,000 - Owner-User, Sacramento County
- $920,000 - Mixed-Use Investor Property, Sacramento County
- $426,000 - Industrial Owner-User, Solano County
- $980,000 - Winery & Vineyard, Placer County
- $3,200,000 - Mini-Storage Facility, Placer County
- $1,240,000 - Industrial buildings, Investment property, Sacramento County
- $680,000 - Industrial building, Owner-User, Sacramento County
- $350,000 - Automotive property, Owner-User, Sacramento County
- $938,000 - Commercial property, Construction loan, Nevada County
- $330,000 - Automotive property, Leased investment property, Sacramento County
- $385,000 - Industrial building, Leased investment property, Yolo County
- $4,335,000 - Owner-User property, Sac County
John McCallum
CA Dept of Real Estate License #01177134
Office: 916-374-4227
Cell: 916-213-4802
jmccallum@macco.org
FOR FAST AND RELIABLE LOAN CLOSINGS, CALL TODAY
