Intelligent, Innovative Investing™

City Works and Santa Fe

City Works and Santa Fe

At a Glance

Name: City Works and Santa Fe
City, State: Riverside, CA
Type: Two Senior Mortgages Secured by First Priority Deeds of Trust on Two Office Buildings
Acquisition Date: December 2012
Acquired From: Regional Lender
Buildings: City Works: 47,000 Square Foot, Single-Tenant Office Building
Santa Fe: 5,800 Square Foot, Six-Suite Office Building
Year Built: City Works: 1980
Santa Fe: 1927
Date of Payoff/Sale: City Works: Paid off in March 2014
Santa Fe: Received Deed in Lieu of Foreclosure in August 2014