Funded Loans
Malibu, CA - Ground-Up Construction
$8,030,000 - 1st Position
Thanks to a very well-organized borrower, North Star was able to close this construction loan in record time - approximately one week, start to finish. The project is a luxury single-family spec home.
BRENTWOOD, CA - GROUND-UP CONSTRUCTION LOAN
$4,843,000 - 1st Position
North Star has funded this construction loan for a new spec home with a seasoned developer in the Brentwood neighborhood of Los Angeles. This loan was funded in less than two weeks thanks to a well-organized borrower and broker.
Sonoma, CA - Working Capital LOC
$1,550,000 - 1st Position
North Star was able to provide a working capital line of credit for a repeat borrower who is working to secure permits on the subject properties. The loan is secured by one vacant parcel and one small single-family rental property.
San Francisco - Construction-Completion Loan
$1,100,000 - 2nd Position
The fund has recently funded a construction-completion loan in 2nd position to allow for the completion and sale of the property.
Sonoma - Ground-Up Construction Loan
$4,780,000 - 1st Position
The North Star Capital Fund has recently closed a construction loan for a new vineyard estate in downtown Sonoma.
San Diego - Ground-Up Construction Loan
$3,120,000 - 1st Position
North Star has recently closed this ground-up construction loan on a 4-unit property in the Lincoln Park neighborhood of San Diego.
Malibu, CA - Ground-Up Construction
$6,940,000 - 1st Position
North Star is excited to announce the closing of a construction loan which will provide for the rebuild and upgrade of a home lost in the Woolsey fire.
Venice Beach, CA - Ground-Up Construction
$1,955,000 - 1st Position
North Star has closed on a construction loan for a new single-family spec home in a desirable street in Venice Beach.
Oceanside, CA - Ground-Up Construction
$4,970,000 - 1st Position
North Star is excited to have closed on this construction loan on a small condo development in a very desirable coastal neighborhood.
Los Angeles, CA - Ground-Up Construction
$6,483,000 - 1st Position
North Star funded this ground-up construction loan on a hillside development in the Hollywood Hills. With the most difficult and riskiest site work already completed, North Star was able to provide the vertical construction financing to complete the home.
Oakland, CA - Condo-Conversion
$6,251,000 - 1st Position
North Star funded this construction loan to convert a commercial building into 13 new, free market, for-sale units.
Los Angeles, CA - Ground-Up Construction
$6,122,000 - 1st Position
North Star funded this ground-up construction loan on a small apartment building in a desirable market in LA.
Santa Rosa, CA - Cash Out
$537,000 - 2nd Position
North Star funded this cash-out loan secured by stabilized assets as working capital for a repeat borrower and General Contractor.
Malibu, CA - Ground-Up Construction
$6,080,000 - 1st Position
North Star has closed on a new construction loan to rebuild and upgrade this property which was lost in a wildfire.
Hollister, CA - Construction-Completion
$467,000 - 1st Position
North Star was able to quickly provide the remaining costs to complete this project which had been borrower-funded up until running out of funds.
San Francisco, CA - Fix & Flip
$851,000 - 1st Position
North Star is thrilled to have funded this fix and flip loan for a long time repeat borrower at attractive terms.
Los Angeles, CA - Fix & Flip
$1,053,000 - 1st Position
North Star funded this fix and flip loan in an attractive Windsor Square neighborhood in LA.
San Francisco, CA - Renovation
$2,339,000 - 1st Position
North Star funded this construction loan to provide for the complete upgrade of this asset so the long-term owner could get maximum value in the sale of the asset.
Greenbrae, CA - Fix & Flip
$2,512,000 - 1st Position
North Star funded this fix and flip loan in a desirable area in Marin County.
Sonoma, CA - Cash Out
$2,900,000 - 1st Position
North Star made this cash-out working capital loan on a contractor's 100% completed project at <50% LTV to allow the builder to apply the capital to ongoing construction and entitlement of other Sonoma projects.