San Diego Bridge Loan – *Recent Closing*

San Diego Bridge Loan

Murk Investments Corp. quickly provided a bridge loan for the borrower who was purchasing the condo as an investment property. The borrower could not qualify for conventional financing quickly enough to meet the closing date. Closing was delayed as there was a laundry lease on the title report showing a $13 million loan to a bank. Once title was able to remove the exception, we promptly wired funds into escrow.

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