Non-consumer purchase with a cross

A recent private money closing funded by Marquee Capital Fund 1 highlights the flexibility and structuring sophistication available in today’s alternative lending market. The transaction consisted of a $1,075,000 non-consumer purchase loan secured by properties in both San Francisco and Lafayette, structured in a combined 1st and 2nd trust deed position with an overall loan-to-value ratio of 55.78%.

Cross-collateralized loans require careful underwriting and valuation analysis, especially in high-value Bay Area markets. San Francisco and Lafayette both represent established, desirable locations with historically resilient property values. Maintaining leverage below 56% LTV across the combined assets provided a meaningful equity cushion and added structural strength to the deal.

The 1st and 2nd position structure further demonstrates the tailored approach taken to meet the borrower’s objectives. Complex transactions involving layered lien positions and multiple properties demand precision in documentation, exit planning, and risk assessment. In this case, the non-consumer designation also indicates the loan was structured for business or investment purposes, offering additional flexibility in terms and execution.