Encinitas, CA. 6/2025. 

Encinitas, CA – June 2025 — A repeat borrower has successfully secured a $2,233,000 construction loan for a distinctive residential property in the desirable coastal community of Encinitas, California. The funding supports a creative redevelopment project that reflects both financial strength and community-minded innovation.

The property, originally a single-family home, has been thoughtfully transformed into two independent living spaces, while maintaining a conservative combined loan-to-value (CLTV) ratio of just 62%. The main residence has been extensively renovated into a modern, four-bedroom, three-bath home, providing comfortable living in a high-demand neighborhood.

In addition to the primary home, a new detached two-bedroom, two-bath unit was constructed on the property. Rather than serving as a traditional rental, the borrower took a forward-thinking approach by converting the second unit into a licensed childcare facility. This adaptive reuse not only generates consistent cash flow for the borrower but also fills a critical service gap for working families in the area.

The project stands as a clear example of our lending strategy in action: partnering with experienced borrowers to finance well-secured, high-potential properties that deliver both solid financial returns and positive contributions to the local community.

San Diego, CA. – June 2025

TLC Facilitates Strategic Acquisition of Prime Downtown Commercial Real Estate

The Loan Company (TLC) is proud to announce its role in facilitating the acquisition of a significant commercial real estate opportunity for one of our long-standing and trusted borrowers. This transaction underscores both our commitment to our borrowers’ success and our dedication to delivering quality investments for our limited partners.

At the eleventh hour, our borrower was presented with an exceptional opportunity to purchase over 48,000 square feet of prime commercial property in a rapidly gentrifying district of downtown San Diego. The property consists of three distinct structures: a popular restaurant, a 90-room historic hotel, and a vibrant two-story commercial center housing a variety of established tenants.

Understanding the time-sensitive nature of the opportunity, TLC moved quickly to provide a tailored financing solution, allowing our borrower to secure this transformative asset with ease and efficiency.

What makes this project particularly compelling is how seamlessly it integrates with the ongoing revitalization of the surrounding area. Plans for redevelopment include converting the historic hotel into much-needed residential apartments and creating a dynamic community hub that will enrich the neighborhood’s lifestyle offerings.

The vision for the site includes:

• Highball Events Hall: A large event venue on the second floor above an international food court and boutique retail spaces.
• Simple Greens: A health-focused restaurant, currently under renovation, whose commercial kitchen will provide catering for on-site events.
• Underground Parking: Plans to develop 45 dedicated parking spaces in the building’s expansive basement, ensuring convenience for both tenants and visitors.
• Local Amenities: Existing tenants, along with a forthcoming specialty coffee shop, will contribute to immediate cash flow as the larger redevelopment plans take shape.

Not only is the loan secured by the real estate itself, but also by a significant down payment and additional income-producing collateral property, further enhancing the strength of the investment.

Through this financing, TLC empowered our borrower to expand his portfolio in a high-growth area while simultaneously adding value to the surrounding community. For our limited partners, this transaction represents a safe, well-collateralized investment with the potential for strong returns tied to the area’s continued growth and development.

We are excited to be part of projects like this that don’t just build portfolios—they build communities.