$6,000,000 Construction Financing Secured for Multifamily Property in Corona Del Mar, CA
May 20, 2026 Bridge Lender
Deal Summary
Anchor Loans recorded a $6,000,000 construction deed of trust on a multifamily property at 306 Marguerite Avenue in Corona Del Mar. The loan was executed May 20, 2026 and recorded May 22, 2026 in Orange County under document 148498 (APN 052-103-17), with a 19 month term. County records list the owner as Bire Ii Llc.
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Transaction Details
- Closing Date
- May 20, 2026
- Loan Amount
- $6,000,000
- Loan Type
- Bridge Lender
- Loan Purpose
- Construction
- Capital Type
- Senior Debt
- Asset Type
- Multifamily
- Source
- County record
Property
- Address
- 306 Marguerite Ave
- City, State
- Corona Del Mar, CA
- Market
- Orange County
Property Facts
- Building Size
- 2,225 sq ft
- Lot Size
- 3,485 sq ft (0.08 ac)
- Year Built
- 1950
- Buildings
- 1
- Subtype
- Multi Family (General)
- Units
- 3
- Floor Area Ratio
- 0.64
Sale History
Last sold for $3,600,000 on Oct 31, 2024. Prior owner Private party.
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 22, 2026 | ANCHOR LOANS LP | $6,000,000 | Construction Deed Of Trust | |
| Nov 27, 2024 | ANCHOR LOANS LP | $2,880,000 | Deed Of Trust | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.