California Bridge Lenders for Commercial Real Estate
Are you seeking short-term financing secured by commercial real estate in California? On this page you'll find a list of select CRE Bridge Lenders that can finance a property purchase, refinance, or equity cash out in 1st or 2nd position. We have a separate page for lenders that can fund a rehab / value-add project. Below the list of lenders, you'll find some funded deals and general information about CRE bridge lending in California - loan amounts, maximum LTV, loan term and more.
California is a massive state, and many bridge lenders only consider commercial properties in specific regions. Filter the lender list by selecting a metro area:
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Karpe Real Estate Center
Private Lending for Central California Real Estate - Bakersfield, Fresno, Central Valley, Sacramento | Est. 1926

SDC Capital
Family Office Lender. No 3rd-party appraisal (typically). Soft Money Terms in 1st or 2nd Lien Position.
Completed CRE Bridge Loan Transactions in California

Purchase Bridge Loan for Industrial Building in Glendale, California
$4,200,000

Bridge Loan for 11-Unit Multifamily and 16-Unit RV Park in Lake Tahoe, California
$1,020,000
Diversified Mortgage Company, one of California’s oldest and lowest-priced private lenders, funded a $1,020,000 bridge loan in 1st lien position for the acquisition of 2 properties in the Kings Beach neighborhood of Lake Tahoe, CA – an 11-unit multifamily property and a 16-unit RV park. The purchase price was $1,800,000. We funded 55% of the purchase, and the Borrower contributed 30% cash at closing. We arranged for another lender to be in 2nd position. The 2nd lender funded $240,000 resulting in a 70% combined loan-to-value. There was negative cash flow after debt service, but the property had potential. It was less than 50% occupied and the seller had no operating statements. The interest rate was fixed at 7.75% with amortized payments. We charged 2% origination points. The Borrower had good credit. The loan term was set at 48 months. This multifamily bridge loan was funded in January 2023.

Bridge Loan for Mixed-Use Property Purchase in La Jolla, California
$6,000,000
First Bridge Lending, a private mortgage lender, provided a $6,000,000 bridge loan to secure the acquisition of a mixed-use 10-unit property in La Jolla, California. We funded 60% of the $10,000,000 purchase price in 1st lien position, and the Borrower contributed 40% cash at closing. The Borrower needed a quick-close lending partner to secure this acquisition opportunity. The Borrower was stepping into this transaction with a very abbreviated performance timeframe that no conventional lender could match. First Bridge Lending does not require appraisals and was able to inspect the property and approve the loan within 48 hours. The property had a mix of retail and office units. Chase Bank had a master lease that was expiring soon, and the rents were below market. The plan is to renegotiate the leases, increase rents for all 10 units, and then refinance with a conventional loan. The subject property was in excellent condition and tenant-occupied at closing. The loan term was set at 24 months. This mixed-use property bridge loan was funded in July 2022.

Equity Cash Out Bridge Loan for Owner-User Industrial Building in Santa Clara, CA
$3,850,000
First Bridge Lending, a private mortgage lender, funded a $3,850,000 equity cash-out loan secured by an industrial sports facility in Santa Clara, CA. The Borrower has owned the building for many years and operated an indoor soccer facility there. He wanted to cash out some equity on the property to use for an investment opportunity, and he needed the funds fast. First Bridge Lending was able to meet the Borrower’s cash needs in just 5 days after receiving the loan application. The property value was estimated to be $10,900,000 and our loan-to-value was 35%. We paid off his previous 1st mortgage balance of $3,000,000 and gave him $850,000 cash out. The subject property was in good condition and owner-occupied at closing. The Borrower will either refinance or sell the property within the 12-month loan term. This equity cash-out bridge loan was funded in April 2022.

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.

Bridge Loan for 6-Unit Multifamily Acquisition in Norwalk, California
$770,000
SDC Capital, a direct private lender based in Burbank, funded a $770,000 1st lien position bridge loan for the purchase of a 6-unit multifamily property in Norwalk, Los Angeles County, CA. Other lenders had halted all lending activity or couldn’t accommodate the Borrower’s needs. Fortunately, we had adjusted our lending programs to account for the new, uncertain economy and this deal was a perfect fit. The LTP (loan-to-purchase) was just 55%. The Borrower brought 45% cash to the closing table. We were able to work with the Borrower and combine efforts to safely inspect the property and underwrite the value, with no appraisal and no hassle. As a result, the deal closed without any issues or delays. Our interest rate was 7.99% plus an origination fee of 1 point. This bridge loan was funded in April 2020.

Cash-Out Bridge Loan for Vacant Industrial Property in Hollister, California
$5,000,000
First Bridge Lending, a direct private lender, funded a $5,000,000 1st lien position bridge loan secured by a large industrial property in Hollister, San Benito County, CA. The Borrower is an experienced investor who has been a full-time landlord for more than 25 years, and they were seeking an equity cash-out loan for business expenses and capital improvements. They purchased the property in 2008 for $12.5M, then leased it for 10 years. The tenant vacated at the end of the lease term. The property was owned free-and-clear of any mortgages, with the exception of a cross-collateral property that was to be refinanced. First Bridge Lending provided an initial funding of $3,000,000 with a first draw of $1,000,000 and subsequent draws of $250,000 each to provide refinance shortfall funds as needed. We did our own in-house valuation and did not require an appraisal. We estimated the value to be around $16,000,000 which out our loan at a very conservative 31% LTV. The loan term is 12 months. The Borrower’s exit strategy was to complete the improvements, lease to a new tenant and refinance with permanent financing. This equity cash-out loan was funded in March 2019.
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