Central Valley Bridge Lenders for Commercial Real Estate
Are you seeking short-term financing secured by commercial real estate in the Central Valley? On this page you'll find a list of select CRE Bridge Lenders that can finance a Central Valley property purchase, 1031 exchange, refinance, or equity cash out in 1st lien position. We have a separate page for lenders that can fund a rehab / value-add project. The maximum loan-to-value for most CRE bridge loans is 70%, and some lenders can go up to 75% for retail and industrial properties. The max LTV is typically much lower for office, hotels, and specialty property types.Searching...
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Diversified Mortgage
Multifamily Bridge Loans only. Interest Rates are 8.5% for 4-year term, 8.25% for 2 years, 7.95% for 1 year.
Select a Metro Area
California is a massive state, and some lenders are selective about where they lend. Filter your search by selecting a metro area:
Northern California: SF Bay Area | Sacramento | Lake Tahoe
Southern California: Los Angeles | San Diego | Orange County | Riverside County | San Bernardino County | Santa Barbara
Central California: Central Valley | Bakersfield | Fresno
Funded CRE Bridge Loans in the Central Valley
Bridge Loan for Gas Station and Quick Lube Shop in Lodi, California
$850,000
Karpe Real Estate Center, a direct private lender for Central California real estate, funded an $850,000 1st lien position private money loan secured by a gas station and quick lube shop in Lodi, CA. The property value was estimated at $2,020,000 so our loan-to-value was 42%. We paid off a previous loan balance of $850,000. The Borrower needed a bridge loan out of a current mortgage that was maturing. The deal was co-brokered, and the co-broker was paid directly through escrow. The subject property had a clean Phase 1 and 2 with long-term tenants in place. It was in good condition and was approximately 7,014 square feet set in a 37,539-square-foot lot. The Borrower had average credit. They plan to extend the leases on the property and continue seeking a conventional loan as an exit strategy. The interest rate was 10.50%. The loan term was set at 36 months. This CRE bridge loan was funded in May 2023.
Bridge Loan for Central Valley Shopping Center Acquisition in Atwater, California
$12,450,000
BridgeCore Capital, a direct CRE bridge lender, funded a $12.45M bridge loan to acquire a retail shopping center in Atwater, CA. The property was 100% occupied and anchored by national grocery and pharmacy tenants, but the Borrower was unable to secure traditional financing since conventional lenders would not provide the flexibility required in the loan structure to allow for the sell-off of individual parcels of the property during the loan term. BridgeCore was able to provide the needed flexibility, enabling the Borrower to execute its business plan. We provided a highly competitive interest rate of 6.90%, with a 24-month term, including two six-month extension options. The favorable terms are allowing the Borrower the necessary time to sell off individual parcels, reduce the principal loan balance, and eventually refinance with conventional financing on any remaining parcels. This CRE bridge loan was funded in July 2021.
Non-Recourse Bridge Loan for Multifamily Property in Stockton, California
$5,100,000
In January 2021, BridgeCore Capital closed a $5,100,000 bridge loan secured by a 52-unit multifamily property in Stockton, California. The Borrower recently renovated the entire apartment complex and required a refinance of the previous senior and multiple junior liens which had matured and required a swift pay-off, as well as a new second trust deed loan to satisfy the outstanding debt. BridgeCore’s pay-rate bridge product provided the Borrower with a 5.50% pay rate during the entire loan term, with the remaining interest accruing to loan pay-off without compounding interest. The pay-rate structure significantly reduced loan costs and afforded the Borrower additional cash flow to invest in other value-add opportunities. BridgeCore also assisted in sourcing a new second trust deed lender to relieve the financial burden of the high-cost, subordinate debt that was previously in place. The loan term was set at 12 months and included one six-month extension option to provide the Borrower the necessary time, either to execute an exit strategy through a sale or to refinance through a conventional lender for long-term financing if a sale is not consummated.