Archway Fund is a Los Angeles-based, privately capitalized, direct lender specializing in financing short-term bridge loans secured by commercial real estate. Archway offers quick, reliable and flexible lending solutions to help real estate sponsors meet their investment objectives. As a boutique investment platform, our lending committee is made up of senior management, which reviews each loan request prior to issuing a term sheet. Once a loan is approved, our borrowers receive accessible, personalized service throughout the loan period, from the day a term sheet is issued to payoff demand. Below are some of our bridge lending guidelines…

Loan Amounts

$2,000,000 to $20,000,000

Interest Rates

7.99% to 9.99%

Max Loan-To-Value

75.00%

Max Loan-To-Cost

75.00%

Origination Fees

1% to 2%

Loan Terms

6 months to 24 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Value Add Project

Property Occupancy

  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial

Property Geographic Area Details

Primary and Secondary markets in all 50 states.

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Commercial Condominium
  • Condominium
  • Industrial
  • Mixed-Use
  • Multifamily
  • Office
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • Retail
  • Single Family Residence

Loan Types

  • Commercial Bridge
  • Commercial Property Value Add

Specialty Loan Types

  • Reverse 1031 Exchange
  • Bankruptcy Resolution

Purchase Loan

Max Loan-To-Purchase Price

75.00%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

no

Will Consider Lending on Purchase from Auction

no

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Another Investment Property
  • Seller Financing

Rehab Value Add Loan

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

1

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

75.00%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

5

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

5

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Interest Reserve

Payment Structure Details

Most loans are Interest Only, and will consider an interest reserve

Pre Payment Penalty

no

Will lend to a foreign national

yes

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered

  • LLC
  • Limited Partnership
  • Trust
  • Corporation

Documentation Required

  • Credit Report

Personal Guaranty (Recourse) Required

Never

Credit Check Required

yes

Credit Check Description

No minimum score requirement. We check credit for verification purposes.

Appraisal Required for Residential Property

Never

Appraisal Required for Commercial Property

Never

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Fees

Deposit Required

$5,000.00 to $10,000.00

Includes site visit expenses, balance of unused funds is refunded at closing

Fees which are mandatory for all new borrower clients

  • Deposit

Our loan committee is composed of creative, flexible commercial real estate veterans, with a realistic view of the competitive lending environment. We work with our borrowers to solve any unforeseen challenges that arise during due diligence. We provide loans secured by most asset classes in all major West Coast markets. Archway’s basic and flexible report requirements and standardized loan documents result in minimal expense deposits and low closing costs. Our pre-flight transaction process involves preliminary sign-off by the loan committee on recommended loan terms, which are based on originator’s preliminary market research and property analysis to provide a higher level of surety that the term sheet will match the loan agreement.

A Non-conventional Loan Specialist
Archway Fund provides reliable capital on difficult to finance real estate transactions that include:

  • A fast closing requirement that does not allow sufficient time to conduct a full appraisal
  • Lack of creditworthy sponsors
  • Property issues, such as high vacancy or near-term vacancy
  • Short term acquisition financing required for closing part of a property assemblage involving multiple sellers
  • Loan collaterallized by multiple and unusual assets, including second lien positions
  • Rescue financing for properties in bankruptcy
  • Value-add properties that require capital to fund improvements

Archway provides up to a two-year term giving borrowers time to execute a business plan, secure conventional financing or sell the property to repay the loan.

License

CFL #60PBO-41816

Established

2015

Associations

  • Mortgage Bankers Association - Member
  • California Mortgage Association - Member

Office Locations

11661 San Vicente Blvd. Suite 609, Los Angeles, California, 90049

Percentage of company’s lending business focused on private mortgage

0%

Percentage of Loans Secured by Commercial Property

0%

Percentage of Loans Secured by Residential Property

0%

Percentage of Residential Property Loans Which are Fix and Flip

0%

Percentage of Residential Property Loans Which are Buy and Hold

0%

Percentage of Residential Property Loans Which are Owner-Occupied

0%

Percentage of Loans Secured by Land

0%

Percentage of Loans Secured by a Business (not real estate)

0%

Percentage of Commercial Property Loans Which are Ground-Up Construction

0%

Percentage of Residential Property Loans Which are Ground-Up Construction

0%

Percentage of Residential Property Loans Which are Long-Term Rental (5+ years)

0%

Marissa Wilbur

Origination Associate

Marissa Wilbur is responsible for generating and evaluating proprietary investment opportunities for Archway Fund and its investors. In addition to overseeing the business development activities for the company, she manages the firm’s online identity, organizes marketing campaigns, and oversees all aspects of the team’s new business development and marketing processes. Wilbur’s role includes: strategy implementation, brand promotion, and print and digital media production, as well as social media outreach. Wilbur has more than five years of analytical audit experience relating to local and federal government oversight. Prior to working with Archway Fund, she was a senior associate at Mayer Hoffman McCann, a medium-sized attest firm, where she oversaw extensive financial and compliance audit engagements from start to finish. During her tenure as an auditor, Wilbur was responsible for evaluating and assessing financial records using mathematical formulas and comparing research data collected to support the audit. Marissa Wilbur, a licensed real estate professional in the State of California, is an active member in the Mortgage Bankers Association and the Los Angeles Mortgage Bankers Association. Wilbur earned a bachelor’s in Science, Economics and Accounting from the University of California, Santa Barbara.

License Information
CalDRE - 02019262

Tom Noble

Origination Associate

Tom Noble is responsible for generating and evaluating proprietary investment opportunities for Archway Fund and is investors. Tom, a native Los Angelino, joins Archway from Morton Capital Management of Calabasas, CA where he specialized in investment analysis and due diligence. He lives in Westlake Village, CA with his wife Katelyn and their puppy Brutus. Tom is a candidate in the Chartered Financial Analyst program and holds an MBA in Investment Management from the University of Texas at Austin McCombs School of Business and a BS in Finance from the University of Southern California Marshall School of Business.

Bobby Khorshidi

President & Principal

Bobby Khorshidi leads the Archway team in defining investment goals and managing relationships with its investors and partners. He also develops long-term strategic goals, and directs the company’s financial, relationship and human resources initiatives. He has more than 15 years of experience in various real estate investment and management areas. Khorshidi’s expertise includes: purchasing and restructuring non-performing loans; originating and underwriting short-term, hard money loans; arranging joint-venture equity; and structuring transactions. Prior to establishing Archway Fund by Partners Capital, Khorshidi, spent a decade as an underwriter, loan officer and manager at Wells Fargo Bank, where he was responsible for funding more than $1 billion in loans. Since 2009, he has been involved in the purchase and disposition of more than a million square feet of commercial real estate. Khorshidi has been recognized by several trade publications for his achievements, including Real Estate Forum’s “Forty under Forty,” a designation of the industry’s top 40 up and coming superstars under the age of 40. He is a licensed real estate broker in the State of California. Khorshidi received a BS in Anthropology from the University of California, Los Angeles.

License Information
CalDRE - 01794434

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.

$
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(temp use, storage, billboard, parking, etc.)

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If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.

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(temp use, storage, billboard, parking, etc.)

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If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.

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how will the loan be paid off?

acres

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