Crescent Lender’s Funds SFR Investment Property For Over 2 Million Dollars in Studio City
Crescent Lenders recently financed the purchase of a $3.4 million dollar property in Studio City. The borrower put down a little over $1 million dollars with Crescent Lenders funding just over $2 million dollars in a 1st Trust Deed position. The seller will carry a 2nd Trust deed position behind the new first for the amount of $360,000.