MULTIFAMILY

Los Angeles, CA

Borrower required an acquisition bridge loan to update all 43 units and common areas.
 

Loan Amount: $4,000,000
Term of Loan: 12 Months
Loan-To-Cost: 73%

RESIDENTIAL

Los Angeles, CA

Borrower required an acquisition bridge loan to acquire the property and plans to construct four ground-up units.

Loan Amount: $260,000
Term of Loan: 12 Months
Loan-To-Cost: 65%

RESIDENTIAL

La Quinta, CA

Borrower required an acquisition  loan to purchase a 1,724 square foot home and intends to hold the property as a rental.

Loan Amount: $340,000
Term of Loan: 6 Months
Loan-To-Cost: 72%

RESIDENTIAL

Los Angeles, CA

Borrower required an acquisition and renovation loan for a single-family home in Silver Lake and intends to sell upon completion.

Loan Amount: $1,140,000
Term of Loan: 9 Months
Loan-To-Cost: 80%

MULTIFAMILY

Paramount, CA

Borrower required an acquisition and renovation loan for a 9-unit property and intends to renovate the entire complex along with each unit.

 

Loan Amount: $1,535,000
Term of Loan: 12 Months
Loan-To-Cost: 74%

MULTIFAMILY

Long Beach, CA

Borrower required an acquisition and renovation loan for a 15-unit property and intends to renovate the entire complex along with each unit.
 

Loan Amount: $1,700,000
Term of Loan: 12 Months
Loan-To-Cost: 68%

RESIDENTIAL

Los Angeles, CA

Borrower required an acquisition loan for a 777 square foot home with plans to add 1,200 square feet.  
 

Loan Amount: $560,000
Term of Loan: 12 Months
Loan-To-Cost: 80%

OFFICE

Baldwin Park, CA

Borrower required an acquisition bridge loan on a 3-story medical office building.
 

Loan Amount: $843,750
Term of Loan: 12 Months
Loan-To-Cost: 75%

RESIDENTIAL

Los Angeles, CA

Borrower required an acquisition and renovation loan to restore a Spanish style two-story home.
 

Loan Amount: $930,000
Term of Loan: 6 Months
Loan-To-Cost: 80%

RESIDENTIAL

Los Angeles, CA

Borrower required an acquisition loan and intends to self-fund a renovation and 1,200 square foot addition. 
 

Loan Amount: $400,000
Term of Loan: 6 Months
Loan-To-Cost: 80%

RESIDENTIAL

Los Angeles, CA

Borrower required an acquisition loan and is already in contract to wholesale the property for $1.050 million.
 

Loan Amount: $636,000
Term of Loan: 3 Months
Loan-To-Cost: 82%

MULTIFAMILY

West Hollywood, CA

Borrower required an acquisition loan for a 3,138 square foot retail property and intends to develop it into a four-story, mixed use project with 32 residential condo units and over 1,900 square feet of retail space.

Loan Amount: $3,750,000
Term of Loan: 6 Months
Loan-To-Cost: 74%

RESIDENTIAL

Los Angeles, CA

Borrower required an acquisition and renovation loan for a 1,401 square foot home with plans to add a second story increasing the livable square feet to 3,330.

Loan Amount: $1,108,000
Term of Loan: 12 Months
Loan-To-Cost: 80%

MULTIFAMILY

Long Beach, CA

Borrower required an acquisition and renovation loan for a 14-unit property and intends to renovate the entire complex along with each unit.

Loan Amount: $1,880,000
Term of Loan: 12 Months
Loan-To-Cost: 68%

RESIDENTIAL

Los Angeles, CA

Borrower required an acquisition loan and will self fund the renovation. The path to repayment of the loan will be the resale of the property. 

Loan Amount: $930,000
Term of Loan: 6 Months
Loan-To-Cost: 73%

RESIDENTIAL

Van Nuys, CA

Borrower required an acquisition bridge loan to hold and rent the property while obtaining permits to build a fourplex.

Loan Amount: $335,000
Term of Loan: 6 Months
Loan-To-Cost: 53%

RESIDENTIAL

Los Angeles, CA

Borrower required an acquisition loan to complete a 1031 exchange on time and intends to hold the property as a rental.

Loan Amount: $2,970,000
Term of Loan: 6 Months
Loan-To-Cost: 75%

MULTIFAMILY

Hawthorne, CA

Borrower required an acquisition and renovation loan for a 7-unit property and plans to renovate the entire complex along with each unit.

Loan Amount: $1,272,000
Term of Loan: 12 Months
Loan-To-Cost: 74%

RESIDENTIAL

Garden Grove, CA

Borrower required a refinance loan on a colonial style home to qualify for a rate/term refinance on their primary residence. 

 

Loan Amount: $635,000
Term of Loan: 12 Months
Loan-To-Cost: 74%

RESIDENTIAL

Santa Monica, CA

Borrower required an acquisition bridge loan for a two story condominium.

 

Loan Amount: $1,015,00
Term of Loan: 6 Months
Loan-To-Cost: 70%

RESIDENTIAL

Venice, CA

Borrower required an acquisition & construction completion loan for a 3,000 square foot home in the Abbot Kinney neighborhood.

Loan Amount: $2,050,000
Term of Loan: 6 Months
Loan-To-Cost: 78%