Refinance on an existing note maturity

Marquee Funding Group recently closed a $15,000,000 private money refinance secured by a luxury property in Malibu, California. This transaction highlights the group’s ability to deliver fast, flexible financing solutions for high-value real estate in competitive markets.

The borrower required a refinance on an existing note maturity, and Marquee was able to step in quickly to structure favorable terms. The deal was secured with a 1st Trust Deed position, ensuring a strong protective equity position for investors. With a conservative 60% loan-to-value ratio, the collateral provided substantial security on the investment, reflecting the quality of the Malibu property backing the loan.

The note carried a 10.5% interest rate, offering investors a strong return while giving the borrower the liquidity needed to refinance at maturity. These types of structured deals demonstrate how private money can provide an efficient alternative to traditional financing, especially for high-net-worth borrowers with time-sensitive requirements.

The transaction was originated by RJ Solovy, who continues to bring expertise and precision to Marquee’s portfolio of high-balance, private money loans. His focus on building strong borrower relationships and identifying well-secured opportunities helps create mutually beneficial outcomes for both clients and investors.

Malibu remains one of the most desirable real estate markets in California, known for its oceanfront estates and consistently high property values. Closing a $15 million refinance in this location further showcases the firm’s strength in handling complex, large-scale transactions.

This deal underscores Marquee Funding Group’s position as a leader in private money lending—delivering speed, security, and returns across luxury and investment-grade properties.