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Direct Private Lender for CRE Investors – Reliable, Quick, Easy
Newport Commercial Capital is a direct lender specializing in multi-family and commercial real estate ventures. Clients partner with us for our easy loan process, quick underwriting approval, and reliable funding commitment. We are self-funded and able to move very quickly. We have an online portal where can get instant access to multiple loan options and pricing within clicks. You’ll have complete visibility of your loan request and term sheets.
Property Geographic Area Details
Arizona, California, Colorado, Oregon, Utah, Washington
Loan Amounts
$50,000 to $5,000,000
Interest Rates
9.5% to 15%
Max Loan-To-Value
70%
Max Loan-To-Cost
90%
Origination Fees
2% to 3%
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
- Development Project
Property Occupancy
- Vacant
- Tenant Occupied 100%
- Owner Occupied Commercial
Property Types and Loan Types
Collateral Types
- Commercial Property
Property Types
- Adult Day Care
- Agricultural
- Assisted Living Facility
- Auto Dealership
- Auto Repair
- Bed and Breakfast
- Car Wash
- Child Day Care
- Cinema
- Club
- Commercial Condominium
- Commercial Land
- Community Center
- Cooperative
- Equestrian
- Event Center
- Golf Course
- Gym
- Healthcare
- Hospital
- Hostel
- Hotel
- Industrial
- Manufactured Home
- Mixed-Use
- Mobile Home Park
- Motel
- Multifamily
- Night Club
- Office
- Parking Lot
- Place of Worship
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- RV Park
- Ranch
- Recreational
- Rehabilitation Facility
- Religious Facility
- Residential Land
- Retail
- School
- Senior Housing
- Sports Facility
- Storage Facility
- Student Housing
- Theater
- Timberland
- Vehicle Parking
- Winery
Loan Types
- Commercial Bridge
- Commercial Property Value Add
- Commercial Ground-Up Construction
Specialty Loan Types
- Land Development
- Condo Conversion
- Cannabis Use Properties
- Transactional Funding
- Subdivisions
Agribusiness Loan
Agribusiness Types
- Cannabis
Will Consider Cannabis Use Properties
yesMaximum LTV for Cannabis Use Properties
70%Cannabis Property Use Type
- Cultivation
- Retail Dispensary
- Retail Sales
- Manufacturing
- Processing
- Production
Land Loan
Land Types Considered
- Multifamily Land
- Industrial Land
- Office Land
- Retail Land
- Hospitality Land
- Agricultural Land
- Special Purpose Land
Will Consider Land That is NOT Entitled
yesMax LTV for Land
40%Max LTC for Land Acquisition
90%Purchase Loan
Max Loan-To-Purchase Price
70%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Equity in Primary Residence
- Seller Financing
- Gap Lender
- Crowdfunding
- Family
Rehab Value Add Loan
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
90%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
5Construction Loan
Development Experience Required
noMinimum Number of Ground-Up Construction Projects Completed by Borrower
0Max LTC for Ground-Up Construction Costs
90%Interest Charged for Construction Costs
Entire Amount of Total Project CostsWill Lend on Partially Completed Construction Projects
yesDetails and Requirements
Typical Closing Time (Days)
10Fastest Closing Time (Days)
7Works With
- Brokers
- Borrowers
Payment Structure
- Interest Only
- Interest Reserve
Pre Payment Penalty
no
Will lend to a foreign national
no
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
yesWill Consider Collateralizing Multiple Properties in One Loan
yesWill Consider Equity Joint Venture
yes
Return criteria is 30% plus IRR.Borrower Entity Types Considered
- LLC
- Limited Partnership
- Corporation
Documentation Required
- Credit Report
- Loan Application
Personal Guaranty (Recourse) Required
AlwaysCredit Check Required
noAppraisal Required for Commercial Property
AlwaysBroker Price Opinion (BPO) Accepted for Commercial Property
NeverFees
Processing Fee
$1300 to $1750
Fees which are mandatory for all new borrower clients
- Processing Fee
- Appraisal Fee
- Extension Fee
- Renovation or Construction Funds Draw Fee
Fees which are charged upfront prior to loan closing
- Appraisal Fee
Fees which are paid to a third party company
- Appraisal Fee
Based in Newport Beach, California, Newport Commercial Capital thrives under the experienced leadership of real estate investment professionals. Our unique approach to hard money lending in combination with the expertise of our tight-knit leadership team has positioned NCC as a premier private mortgage firm. Our management team has over 100 years of combined experience in real estate operations, development and investments, and leverages their established long-term partnerships with Newport’s affiliated businesses. Management co-invests in the fund alongside external investors, ensuring all stakeholders’ interests are properly aligned.
License
CA DRE Lic. #01980596
Year Established
2018
Office Locations
567 San Nicolas Drive, Suite 230, Newport Beach, California 92660Primary Capital Source
- Own Funds
Loan Structure for Majority of Loans
- Own Balance Sheet
Percentage of company’s lending business focused on private mortgage
80%
Company’s Other Business Activities Besides Private Mortgage Lending
- Commercial Real Estate Investing
- Residential Real Estate Investing
- Real Estate Development
Percentage of Loans Secured by Commercial Property
100%
Percentage of Loans Secured by Land
25%

Mike Blumenkranz
Loan Origination
CA DRE Lic. - 01980596

TJ Coveyou
CEO
CA DRE Lic. - 01856812

Mike Monaco
COO
Completed Transactions
Newport Commercial Capital
Los Angeles, CA
$4,300,000
Refinance
Newport Commercial Capital
San Bernardino, CA
$2,895,000
Refinance
Newport Commercial Capital
Ogden, UT
$980,000
Refinance
Newport Commercial Capital
Phoenix, AZ
$1,900,000
Purchase
Our Minimum Loan Amount Is
$50,000
What We Do
- CRE Financing in Western States
- Bridge, Value Add, Construction
- Land and Specialty Property Types
- Cannabis-Use Properties
- LTV up to 70% (40% for Land)
Not Available
- NO 100% Financing
- NO 2nd Mortgages
- NO Rural Areas