In October 2023, JDI Realty funded a $5.0 million loan to an experienced local investor to acquire a 2009 constructed car wash located on 0.42 acres in Los Angeles, CA. The acquisition loan funded 74.1% of the purchase price and 60.2% of total costs, which included improvements to rebrand and modernize equipment. JDI displayed its speed and certainty of execution by enabling the borrower to close on their purchase in less than two weeks from term sheet to closing date.
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