BridgeCore Capital, Inc.
Beverly Hills, California
CA DRE Lic. 02066006
Experience Pay Rate Protection™
4.99% Current Interest During Entire Term | Non-Recourse | No PrePay Penalty
BridgeCore Capital is a direct private bridge lender providing short-term loans secured by first trust deeds on commercial real estate in primary markets nationwide. For qualifying loans, BridgeCore is the leading provider of “Pay Rate Protection,” which reduces borrowers’ monthly payment by paying only 4.99% per annum (“Pay Rate”) for the entire loan term and defers the remaining interest until loan pay-off.
Please note: we do NOT offer loans for residential properties or ground-up construction.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Property Types
- Industrial
- Mixed-Use
- Multifamily
- Office
- Portfolio of Commercial Properties
- Retail
- Storage Facility
- Student Housing
Loan Types
- Commercial Bridge
Specialty Loan Types
- Bankruptcy Resolution
- Discounted Note Payoff
- Foreclosure Bailout
- Partner Buyout
Max Loan-to-Purchase Price
65%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
noWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
- Equity in Another Investment Property
Processing Fee
$1,000 non-refundable. To be paid at the time of LOI signing.
Legal Fee
$1,000 non-refundable legal fee for pay rate loans; $2,500 non-refundable legal fee for second trust deed/mezzanine loans. To be paid at the time of LOI signing.
Settlement Fee
Paid at closing in escrow.
Escrow Fee
Paid at closing in escrow.
Title Fee
Paid at closing in escrow.
Credit Report Fee
To be paid at the time of LOI signing.
Background Check Fee
To be paid at the time of LOI signing.
Background Check Fee
To be paid at the time of LOI signing.
Extension Fee
If an extension is requested, Bridgecore charges a 1% extension fee for a period of 6 months. Shorter extension periods are available at lower fee amounts.
Environmental Report Fee
Only required if property is industrial or has known or suspected environmental issues.
Fees which are mandatory for all new borrower clients
- Underwriting Fee
- Legal Fee
- Settlement Fee
- Escrow Fee
- Title Fee
- Credit Report Fee
- Extension Fee
Fees which are paid to a third party company
- Legal Fee
- Settlement Fee
- Escrow Fee
- Title Fee
- Environmental Report Fee
BridgeCore Capital Testimonials
Newmark Knight Frank
""My partners and I have worked with Elliot for many years. He serves as a leading example of reliability, trustworthiness, and capability in the private lending industry in California. He gets the deal done.""
Chris Moritz
Meridian Capital
""After knowing and working with Elliot for so many years, I’ve realized how his tenacity and honesty have served him well in building an incredible following in the mortgage brokerage community. At the end of the day, I trust him.""
Seth Grossman
HFF
"“Elliot is reliable and honest. If he can do something he will tell you and get it done. Just as importantly if it is not a fit he is quick to let you know that as well.”"
Jordan Angel
Walker Dunlop
""Elliot's personal level of service towards his clients creates not only a trusting working environment, but also a meaningful relationship for the future. He is a go-to guy for any commercial bridge loan requirement.""
Ryan Parker
CBRE
"“Elliot is a hand-shake reliable lender who possesses a passion for competing for top-quality loans, which he has translated into a positive-drive perseverance like no other private lender I know. He has developed long-standing industry relationships and is committed to the betterment of the commercial lending business as shown in his consistent volunteer efforts with industry associations and organizations.”"
Kevin Randles
Marcus & Millichap
"“In each of my multiple past deals, Elliot has always been a preferred lending contact: fair, intelligent, & reliable. Furthermore, with deals that need more monitoring or servicing, he can be entrusted to see the deal through the finish line.”"
Bradley Buzil
Northmarq Capital
"“I've always known Elliot to live up to his word and honor the integrity of his relationships.""
Dennis Sidbury
Get In Touch
Stay Informed About Private Lending
Founded in 2018, BridgeCore Capital is a direct lender providing short-term bridge loans secured by first and second trust deeds on commercial and non-owner-occupied residential real estate in prime markets throughout the United States. BridgeCore is the home of “Pay Rate Protection,” which reduces borrowers’ monthly payment by paying only 4.99% per annum (“Pay Rate”) for the entire loan term and defers the remaining interest until loan pay-off. With a well-recognized and respected reputation in the commercial real estate industry, BridgeCore Capital has an established network of trusted mortgage broker relationships and a well-capitalized investor base.
Associations
- Southern California Real Estate Alliance - Chairperson
- Los Angeles Mortgage Association
Office Locations
9171 Wilshire Boulevard, Suite 500, Beverly Hills, California 90210Our Team
Funded Deals
BridgeCore Capital
Phoenix, AZ
$730,000
Purchase
BridgeCore Capital
Atwater, CA
$12,450,000
Purchase
BridgeCore Capital
Fort Worth, TX
$1,340,000
Purchase
BridgeCore Capital
Oakland, CA
$2,400,000
Refinance
BridgeCore Capital
Los Angeles, CA
$2,100,000
Purchase
BridgeCore Capital
Chino, CA
$8,250,000
Equity Cash Out
BridgeCore Capital
Stockton, CA
$5,100,000
Refinance
BridgeCore Capital
Cleveland, OH
$8,000,000
Purchase
BridgeCore Capital
New York, NY
$16,500,000
Purchase
BridgeCore Capital
Hollywood, CA
$5,500,000
Refinance
BridgeCore Capital
Los Angeles, CA
$10,900,000
Refinance
Get In Touch
Stay Informed About Private Lending
Our Minimum Loan Amount Is
$1,000,000
What We Do
- Core Commercial Properties Only
- Non-Recourse Purchase & Refi Bridge Loans
- LTV up to 65%
- 35% Cash Required for Acquisitons
Not Available
- NO Land or Construction Projects
- NO Cannabis-Use Properties
- NO High Leverage Loans
- NO Residential Properties
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