$550,000 | 2nd Trust Deed | Santa Clarita, CA

$550,000 | 2nd Trust Deed Loan | Santa Clarita, CA

RTI funded a $550K second trust deed on two industrial condos in Santa Clarita totaling 7,000 SF with office and warehouse space. The borrower—founder of a construction company—used the bridge loan to fund a residential development in Woodland Hills, closing at just 52.16% CLTV.