Page 18 - Nikols - Annual Report 2022
P. 18

IL I N LOAN
nd,
Anahei , CA
Pur Anaheim, CA
Purpose  Collateral  LTV  Terms  Exit Strategy  Comments  xterior imp ov ments.
6 26,880 S -acres e e or yar cess
ind st ial la  be d f   s d r r stora 26,880 S -acres e e or yar ce  u e.
ce  u 6 lin  l 7.5% interest, 12-month term, 2% loan fee.
Sale of building or refinance.
rial
in  Oran ge Cou nty for ove r 20 ye s. Lack ha t  ilar produ ng .  ha il im il t  av ed in  ith ex indust ess la d i  the ar a.
Th d lo  S n   2 ith Spons r.is pr or borr Oran wer  ed,  f the  und  ng .  ha il im il t  av ng   lo revi Third  quir les  Oran wer  ed,  r 20 ye s. Lack renovat d,
 and  paid off n   2 An ng   lo loa ans  on
apa rtment bui ldings i  the grea nd  er  Los  Ang a e les a 20  L no re  and a re idential  av ap ia ot ng   lo loa  in Ora ge  ounty.
revi nd  er    i h p p n r i i l g e o s   n   quir les  av ap ia ot $11.4 MILLION LOAN
Apartment Land for Development
Stanton, CA
Purpose   un Collateral   land site ed for 321 LTV  50% loan to as is value.
Terms  8% interest. 12-month term. 2% loan origination fee.
stru Comments  nd tm r    p a i a m i h a i du in   p a i a m i h a i a
tr ail ocess p a
tr ail ue and 19
ion.
19
$4 










































































   16   17   18   19   20