Property and Location:

•Single-Tenant Retail - Corporate Guarantee from Yoshinoya

•San Diego County, CA

Constraints:

•Borrower’s first commercial real estate purchase

•Purchased property through Self Directed IRA

•Delays in obtaining certificate of occupancy during COVID

Outcome:

•55% LTV

•10-yr Term, 30-yr Amortization

•No Prepay Penalty

•Non-Recourse