Venture West Funding Arranges $8 Million Loan on Mixed-Use Building in Glendora, CA
Venture West Funding, Inc., a mortgage company headquartered in El Segundo, CA, announced it has arranged an $8 million loan for the $14.5 million purchase of Glendora Park Place Apartments in Glendora, CA. The property was built in 2006 and is comprised of 50 residential units and three retail suites. Loren Tirone of Venture West Funding arranged the financing through Umpqua Bank. The non-recourse loan is at a very competitive seven-year fixed rate with five years of interes
