Direct Private Lender for CRE Investors – Reliable, Quick, Easy

Newport Commercial Capital is a direct lender specializing in bridge loans for SFR, 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, Idaho, Texas, Michigan, Oklahoma, Arkansas, Nebraska
Loan Amounts
$1,000,000 to $10,000,000
Interest Rates
8.0% to 12%
Loan Terms
6 months to 18 months
Origination Fees
2% to 3%
Lien Position
1st
Collateral Types
  • Residential Property
  • Commercial Property
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

  • 2-4 Units Residential
  • Assisted Living Facility
  • Commercial Condominium
  • Commercial Land
  • Condominium
  • Covered Land
  • Healthcare
  • Industrial
  • Manufactured Home
  • Mixed-Use
  • Mobile Home Park
  • Multifamily
  • Office
  • Parking Lot
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • RV Park
  • Residential Land
  • Retail
  • Senior Housing
  • Single Family Residence
  • Storage Facility
  • Vehicle Parking

Loan Types

  • Commercial Bridge
  • Commercial Property Value Add
  • Commercial Ground-Up Construction

Specialty Loan Types

  • Condo Conversion
  • Land Development
  • Luxury Homes
  • Subdivisions
  • Transactional Funding

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land
  • Office Land
  • Retail Land

Will Consider Land That is NOT Entitled

yes

Max LTV for Land

40%

Max LTC for Land Acquisition

90%

Max Loan-to-Purchase Price

75%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

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
  • Equity in Primary Residence
  • Seller Financing
  • Gap Lender
  • Crowdfunding
  • Family

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

90%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

5

Processing Fee

$1,300 to $2,500

Fees which are mandatory for all new borrower clients

  • Processing Fee
  • Appraisal Fee
  • Extension Fee
  • Renovation or Construction Funds Draw Fee

Fees which are paid to a third party company

  • Appraisal Fee

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

7

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

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

yes

Return criteria is 20% plus IRR.
Borrower Entity Types Considered
  • LLC
  • Limited Partnership
  • Corporation
Documentation Required
  • Credit Report
  • Loan Application
Personal Guaranty (Recourse) Required
Sometimes
Credit Check Required

no

Appraisal Required for Residential Property

Always

Appraisal Required for Commercial Property

Always

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Get In Touch

Newport Commercial Capital pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

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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.

Apply On Our Website

License

CA DRE Lic. #01980596

Year Established

2018

Office Locations

567 San Nicolas Drive, Suite 230, Newport Beach, California 92660

Primary Capital Source
  • Own Funds
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

100%

Our Team

Mike Blumenkranz

Loan Origination

CA DRE Lic. - 01980596

TJ Coveyou

CEO

CA DRE Lic. - 01856812

Christian White

Loan Origination

CA DRE Lic. - 02081601

Funded Deals

Get In Touch

Newport Commercial Capital pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration
Before You Contact Us

Our Minimum Loan Amount Is

$1,000,000

What We Do

  • CRE Financing in Western States
  • Bridge, Value Add, Construction
  • Land and Specialty Property Types
  • LTV up to 75% (50% for Land)

Not Available

  • NO 100% Financing
  • NO 2nd Mortgages
  • NO Rural Areas

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