This ground-up construction project in Berkeley is for a 5-unit condominium complex with a spec builder who has done several projects with us over the years. This borrower turned to us first… Read more
This borrower came to us through a broker whose client needed to close within 14 days in order to buy the family’s dream home. They had to close even before they had a… Read more
Borrower came to us as he could purchase this 12 Unit San Francisco building significantly below market price, only if he could close fast. We closed this loan in 8 days! A… Read more
We are not attorneys but we work with attorneys and accountants on keeping up to date with issues that affect our industry. An attorney gave us this lead and worked with us… Read more
Most lenders will not fund pre-starts where the borrower needs additional monies to complete a construction project. In this case the borrower also needed a construction loan to go behind an existing… Read more
Herzer Financial has a long history of construction lending and prides itself in staying abreast of market trends. Accessory Dwelling Units (ADUs) are now heavily incentivized by new California laws. This ground-up… Read more
This loan was referred to us by a banker. This experienced convenience store and gas station operator was nearing completion on building out this location with 2 nationally recognized brands along with… Read more
The borrowers ran out of cash to complete building their dream home. However, traditional banks would not lend to them as they had too much debt on this ongoing construction project. Herzer… Read more
This is your typical construction project that Herzer Financial has made since the 1950s when we were making loans to Joseph Eichler to build his famous Eichler homes in the Bay Area. … Read more
We are not afraid of lot loans for both residential and commercial properties as long as they are buildable. Lot loans require even greater analysis and this is where our experience comes… Read more