Blackburne & Sons Realty Capital Corporation is a $50 million hard money commercial lending company which was founded in 1980. We specialize in nationwide financing for standing commercial properties, $100K to $3M. Our commercial real estate loans typically have a 15 year term and almost never have a prepayment penalty or a lock-out clause. We fund commercial property loans that are not quite clean enough for a bank.

Loan Amounts

$100,000 to $3,000,000

Interest Rates

8.9% to 11.9%

Max Loan-To-Value

75.00%

Max Loan-To-Cost

75.00%

Origination Fees

2% to 4%

Loan Terms

3 months to 15 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Invest in a Business
  • Business Working Capital
  • Value Add Project
  • Personal Use

Property Occupancy

  • Vacant
  • Tenant Occupied 100%
  • Tenant Occupied Partial
  • Owner Occupied Commercial
Minimum Occupancy Percentage

0%

Property Geographic Area Details

Nationwide - all 50 states

Property Types and Loan Types

Collateral Types

  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Adult Day Care
  • Agricultural
  • Assisted Living Facility
  • Auto Dealership
  • Auto Repair
  • Bed and Breakfast
  • Cannabis Dispensary
  • Cannabis Grow Facility
  • Car Wash
  • Child Day Care
  • Cinema
  • Club
  • Commercial Condominium
  • Commercial Land
  • Community Center
  • Condominium
  • Gas Station
  • Gym
  • Healthcare
  • Hospital
  • Hostel
  • Hotel
  • Industrial
  • Marina
  • Mixed-Use
  • Mobile Home Park
  • Motel
  • Multifamily
  • Night Club
  • Office
  • Parking Lot
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • RV Park
  • Recreational
  • Residential Land
  • Retail
  • Senior Housing
  • Sports Facility
  • Storage Facility
  • Student Housing
  • Theater
  • Winery

Loan Types

  • Private Money
  • Hard Money
  • Commercial Bridge
  • Commercial Long-Term

Specialty Loan Types

  • Cannabis Use Properties
  • Commercial Permanent Financing

Agribusiness Loan

Agribusiness Types

  • Cannabis
  • Row Crops

Will Consider Cannabis Use Properties

yes

Maximum LTV for Cannabis Use Properties

75.00%

Land Loan

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land
  • Office Land
  • Retail Land
  • Hospitality Land
  • Agricultural Land
  • Special Purpose Land
  • Cannabis Use Land

Will Consider Land That is NOT Entitled

yes

Max LTV for Land

55.00%

Max LTC for Land Acquisition

55.00%

Purchase Loan

Max LTC on Purchase Price

75.00%

Borrower Must Have Property Under Contract

no

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 Subject Property
  • Equity in Another Investment Property

Details and Requirements

Typical Closing Time (Days)

0

Fastest Closing Time (Days)

0

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Amortized

Pre Payment Penalty

no

Will lend to a foreign national

no

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

no

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered

  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Self-Directed IRA

Documentation Required

  • Credit Report
  • Tax Returns
  • Financial Statements
  • Loan Application

Personal Guaranty (Recourse) Required

Sometimes

Credit Check Required

yes

Appraisal Required for Commercial Property

Always

Broker Price Opinion (BPO) Accepted for Commercial Property

Always

Fees

Blackburne & Sons Realty Capital Corporation is a nationwide hard money commercial lending company. We syndicate the investment funds of accredited, private investors and use these funds to make permanent first mortgage loans on standing commercial properties and non-owner occupied single family residences. Blackburne & Sons has been in business since June of 1980. We currently service approximately 250 commercial first mortgage loans totaling approximately $50 million. Our company has a dozen employees in two offices. The main office is in Sacramento, California. We have a branch office in Indianapolis, Indiana.

Licence

CA DRE #00829677, NMLS #103430

Established

1980

Office Locations

4811 Chippendale Drive, Suite 101, Sacramento, California, 95841

, Indianapolis, Indiana, 46236

Primary Capital Source

  • Individual Investors

Loan Structure for Majority of Loans

  • Multiple Investor Fractionalized Note

Alternative Loan Structures

  • LLC Syndicated Investors

Percentage of company’s lending business focused on private mortgage

100%

Percentage of Loans Secured by Commercial Property

100%

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

5%

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

0%

George Blackburne, IV

Loan Representative

Licence Information
BRE - 01873244
NMLS - 382122

Alicia Gandy

Loan Representative

Licence Information
DRE - 01430908
NMLS - 389678

Michael Young

Loan Representative

Licence Information
BRE - 02012847
NMLS - 1535540

Tom Blackburne

Loan Representative

Licence Information
BRE - 01919403
NMLS - 1014118

Angela Vannucci

Executive Vice President

Licence Information
CA DRE Broker - 01425852
NMLS - 389465

Loan Request

This information is about yourself, not the subject property.

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