Marquee Funding Group Funds $3,300,000 Business Purpose Cash-Out Refinance in Beverly Hills.
Marquee Funding Group recently closed a $3,300,000 private money loan, originated by RJ Solovy, to facilitate a business purpose cash-out refinance on a luxury property in Beverly Hills, CA. This transaction underscores Marquee’s expertise in structuring tailored lending solutions for borrowers who require speed, flexibility, and reliability outside of traditional financing channels.
The deal was structured with a 65% loan-to-value (LTV) ratio, ensuring solid protective equity in one of California’s most prestigious and resilient real estate markets. Despite being secured in a 2nd trust deed position, the loan carried investor confidence due to the strength of the collateral and the borrower’s profile.
The financing was delivered at a 13% interest rate, reflecting both the lien position and the unique requirements of the transaction. For the borrower, this refinance provided immediate access to significant capital that could be redeployed into business ventures or investment opportunities, without the lengthy delays typically associated with conventional lending.
Beverly Hills continues to be one of the most coveted markets in the United States, known for its stability, luxury properties, and consistent demand. The property’s location and high-value profile played a critical role in making this deal attractive for investors, even at a higher risk position.
This transaction highlights Marquee Funding Group’s ability to assess deals holistically—balancing borrower needs, asset strength, and market conditions to deliver financing that works for all parties. By securing favorable terms on a high-profile property, Marquee once again demonstrated why it is a leader in California’s private money lending market, offering solutions that traditional institutions cannot match.
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