Retail / Acquisition

1st Lien Position

Indio, CA

– The borrower was acquiring a 7-Eleven with a short term lease in Indio, CA
– Prior to closing, the borrower negotiated a five year lease extension with 7-Eleven
– The extended term created value and the business plan was to immediately list the property for sale
– West Bay provided 88% LTC financing on the acquisition

If you would like more information on this transaction, please fill out the contact form below a representative will contact you.