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Just Closed: $11MM Chevron Acquisition in Salinas, CA with 100% LTV

Loan Amount
$10,700,000
Property Type
Gas Station
Area
Salinas, CA
Purpose
Acquisition
Brand
Chevron

First Financial Capital is proud to announce the successful closing of a $11MM loan for the purchase of a Chevron in Salinas, CA – with 100% LTV financing.

We worked closely with our existing client to structure a tailored financing solution, leveraging other sites in their portfolio to secure maximum leverage and achieve 100% LTV. This particular Chevron location is a high-performing site, with strong fuel sales volume and exceptional margins for the area, making it a valuable addition to our client’s expanding portfolio. By recognizing the strength of both the business and the borrower’s existing assets, we provided a strategic financing solution that supported their growth objectives while maximizing their investment potential.

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Just Closed: $11MM Chevron Acquisition in Salinas, CA with 100% LTV

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Read more

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