Success Stories

In this challenging lending environment, banks and borrowers find it difficult to find the right answers.  At Pacific Bay Financial, we are focusing on filling in that gap...

Success Story: California Department of Motor Vehicles

Published by pacbay on Wed, 11/09/2011 - 14:21 in
success story

Objective: To secure construction funds for the build-out of 17,517 square feet of office building to be leased by the California Department of Vehicles. Our client was awarded an opportunity to design, develop, and construct an office building for the California Department of Motor Vehicles

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Success Story:Debt reposition of a multi-family dwelling

Published by pacbay on Wed, 11/09/2011 - 10:34 in
success story

Pacific Bay Financial Corporation reviewed and advised our client for a ten year fixed product for debt reposition of a multi-family dwelling. The property was a Single Residence Occupancy (SRO) one and one-half years ago, but has since undergone renovation and upgrade and presently the subject property is technically a multi-family dwelling. The loan request was for $12,875,000.

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Success Story: Introduction to a valued business relationship

Published by pacbay on Fri, 10/08/2010 - 10:25 in
success story

Pacific Bay Financial secured Joint Venture funds for a corporate client whose construction of condominiums stalled due to the credit meltdown.

An introduction to a valued business relationship allowed our client to leverage assets to create the necessary capital to continue the project.

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Success Story: $31MM acquisition loan for the purchase of several hotels

Published by pacbay on Tue, 09/28/2010 - 11:27 in
success story

Pacific Bay Financial secured a $31MM acquisition loan for the purchase of several hotels.  

The lender in this transaction reviewed the financial analysis of the historical income and determined the strength of the asset and the overall experience of the client was sufficient for their needs and consummated the deal.

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