Purchase and construction loan for a flip

Marquee Funding Group Funds $1,800,000 Purchase and Construction Loan in Beverly Hills.

Marquee Funding Group has closed on an $1,800,000 private money loan in Beverly Hills, California (90211), structured as a purchase and construction loan for a flip. This transaction highlights Marquee’s ability to provide flexible, fast-turnaround financing that allows investors to acquire, renovate, and resell properties in highly competitive luxury markets.

The loan was structured in the first trust deed position with an interest rate of 10.5%, offering investors a strong return while giving the borrower the capital needed to complete the acquisition and fund construction. With a loan-to-value (LTV) ratio of 64.28%, the deal was conservatively underwritten to balance security for the lender with the borrower’s ability to maximize leverage.

The project’s focus is on transforming a Beverly Hills property through a strategic renovation, positioning it for resale at a premium in one of California’s most desirable zip codes. In markets like Beverly Hills, where speed and execution are critical, access to private capital allows investors to compete effectively with all-cash buyers and move quickly to capitalize on opportunities.

The deal was originated by Max Stone and Jackie Astman, who worked collaboratively with the borrower to design a financing structure that met the project’s unique needs. Their expertise in both acquisition and construction lending underscores Marquee Funding Group’s reputation as a go-to partner for real estate investors seeking reliable and creative funding solutions.

This transaction further illustrates Marquee Funding Group’s commitment to supporting real estate investors across California with tailored loan programs for acquisitions, flips, construction, refinances, and business purposes. By combining speed, flexibility, and strong underwriting discipline, Marquee continues to deliver financing that benefits both borrowers and investors.