COMBINATION 1031 EXCHANGE AND SHORT-TERM LOAN Combination reverse exchange and short-term loan, secured by 3 properties – two of which were located in San Francisco, and one in Alameda. The borrower used the funding to purchase a property in San Francisco.Loan Amount: $3,550,000Loan Term: Six MonthsCLTV: Less than 50%Loan Position: 1st Deed of Trust
