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California Mixed Use Construction Completion Loan Funded

Chris Goulart

This property is a mixed use property with three commercial units downstairs and unimproved space upstairs that will be remodeled into twelve residential units.  There was substantial work to be done on this property and we were able to secure funds to assist in both the purchase and the construction completion.

Construction completion exterior

The commercial units downstairs needed basic rehab work to clean, replace and upgrade the units for lease.  Improvements included new plumbing, new electrical, new drywall, fresh paint both inside and out, new central air and heat, windows, doors, flooring and more.  The mix of commercial units include a restaurant, gym and multiple executive offices.

The space upstairs required full construction to add twelve apartments.  The existing space did not include existing apartments, so it was more of a construction loan than a rehab loan.  The total cost of improvements for this project was $400,000.  While there was a lot of work to be done on this project, the borrower had extensive experience and our investors were confident that this project would be successful.

construction completion interior

For more information on these types of loans, visit our hard money construction completion loans page.  We can help finance many different types of projects in need of work, from cosmetic rehab work to ground up construction.  Give us a call for more information!


Chris Goulart specializes in creative private money solutions secured by real estate throughout California. The private hard money loans he works with are typically funded by individuals and groups outside the more traditional banking industry. He has specialized in private hard money loans for over a decade and is fully licensed both at the state level, through the DRE, as well as the national level, through the NMLS.