New Closed Bridge Loan $2,631,000

Cash-Out Refinance

Loan Type: Bridge Loan Loan Amount: $2,631,000
Loan Term: 2 Year Loan to Value: 43%
ALF - 84 Woodcrest Road – Georgetown (Aggie House)


Georgetown, Texas

A decorated Marine pilot and second-generation operator demonstrating pride of ownership and strong operating history had a waiting list of additional residents for his 2 facilities.  Wilshire structured a cross-collateralized, cash-out refinance to permit the construction of 2 additional wings on each facility consisting of additional residence quarters, a beauty salon and recreational facilities.  By combining the construction on both facilities, the sponsor was able to achieve significant cost savings through his general contractor.


Why Wilshire? 

  • Nationwide Direct Portfolio Lender, with two Real Estate Debt Funds.
  • Entrepreneurial Approach, Institutional Sophistication and Discretionary Capital.
  • Fast, Easy, Flexible Financing Solutions
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