Los Gatos, CA – Two Home Construction - Image 1Los Gatos, CA – Two Home Construction - Image 2Los Gatos, CA – Two Home Construction - Image 3

At a Glance

Los Gatos, CA

Property Type Two SFR’s
Size 3,296 & 3,388 s.f.
Security 1st Trust Deed
Loan $2,200,000
Value $4,400,000
LTV 50%
Term 12 months

The subject properties are two new-construction homes in the exclusive Silicon Valley community of Los Gatos.  The properties each sit on 13,000+ square foot lots with 4 bedrooms, 3 baths, in ~3,300 square feet of living space.  The borrower is a local builder and long-time client of Hamilton Ridge.

One home sold for $2,700,000 prior to completion, paying off the entire loan balance.

Back