Having trouble viewing this email? Click here.


The Loan Goddess Does It Again!



50% LTV

10.9% IR

30/15/5 Repayment Schedule


As a repeat borrower of Blackburne & Sons dating back to 2012, this will be the third loan for this borrower. The previous two loans have been paid in full and paid consistently, with only one late payment due to an accounting oversight. This borrower has always been a delight to work with and is very involved with the loan process.

According to the borrower, this property was originally built in 1853. This property was a small overnight stage coach stop and pony express station with a mercantile and livery stable and small saloon. When the borrower purchased this property in 2006, he invested nearly $2,400,000 converting the backyard into a wedding and concert facility with lush gardens. He also remodeled the apartments to high end vacation type rentals and added a stone barrel storage building for wine storage and ambiance. The station master’s home was converted into a tasting room. The stage coach overnight stop and saloon were converted into an upscale steakhouse.

Approximately 50% of the property’s 9,750SF of building area is leased as a steakhouse restaurant (5,196SF). The two apartments are rented through Air BnB, for a total of 1,207SF and the owner’s businesses occupy the remaining space, which includes the 1,565SF wine tasting room, the wedding/event center and the 782SF barrel storage room. All leases are NNN.


Alicia Gandy

CA DRE #01430908

NMLS #389678

Blackburne & Sons Realty Capital Corp.

4811 Chippendale Drive, Suite 101

Sacramento, CA 95841

P: (916) 338-3232 Ext. 310

F: (916) 338-2328


Have a deal for me? Click here.

Alicia Gandy has worked for Blackburne & Sons Realty Capital Corporation for over 20 years and goes by Loan Goddess around the office for her ability to get deals done, no matter the hurdles. Blackburne & Sons is a $50 million hard money commercial lending company. We syndicate the investment funds of about 900 accredited, private investors and use these funds to make permanent first mortgage loans on standing commercial properties. The company has been in business since 1980, so this is now our 39th year in business. The company currently services approximately 250 commercial first mortgage loans totaling approximately $50 million.

Loan Amounts: $100,000 to $2 million

Loan Types: First mortgage or bridge loan

Repayment: 30 Year Amortization, 15 year Term

Locations: Nationwide

Acceptable Property Types:

  • Rental homes and condo’s
  • Rental duplexes, triplexes, and four-plexes
  • Apartment buildings
  • Office, retail, and industrial buildings
  • Politically incorrect properties, such as gentlemen’s clubs, adult bookstores, and cannabis properties
  • All other commercial property types, other than churches
  • Land


TwitterFacebookLinkedInB&S Website