Scripps Investment & Loans provided Garey Associates, LP with $2,000,000 in acquisition and construction financing for a 14,000 sf retail development located in Pomona, California. The financing was structured as a 12-month loan secured by a first deed of trust. Prior to closing the loan, Borrower pre-leased approximately 11,000 sf of the project to Goodwill Industries and projects $1.75/ft in monthly rental income for the remaining 3,000 sf to be constructed. The property lies adjacent to an existing Food 4 Less grocery store and Jack-in-the-Box restaurant.