Los Angeles Bridge Lenders for Commercial Real Estate
Are you seeking short-term financing secured by commercial real estate in the Los Angeles metro area? On this page you'll find a list of select CRE Bridge Lenders that can finance a Los Angeles 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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SDC Capital
Family Office Lender. No 3rd-party appraisal (typically). Soft Money Terms in 1st or 2nd Lien Position.
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California is a massive state, and some lenders are selective about where they lend. Filter your search by selecting a metro area:
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Funded CRE Bridge Loans in Los Angeles
Bridge Loan for 22-Unit Multifamily Property in Los Angeles, CA
$5,500,000
Diversified Mortgage Company, one of California’s oldest and lowest-priced private lenders, funded a $5,500,000 refinance bridge loan, in first lien position, secured by a 22-unit multifamily property in the East Hollywood neighborhood of Los Angeles. The Borrower had to use private money because the entire property was vacant, with no tenants and no cash flow whatsoever. We typically only lend on income-producing commercial properties. However, we agreed to fund the loan since the borrower pledged additional properties as collateral which made our loan-to-value extremely conservative at just 34%. The previous mortgage balance on the property was $1,650,000. We paid off that loan and provided significant equity cash out. We charged a 6.95% fixed interest rate. The Borrower plans to lease up the vacant units and refinance with a conventional loan within the 48-month loan term. This multifamily bridge loan was funded in August 2022.
Bridge Loan for Mixed-Use Property Purchase in Los Angeles, CA
$750,000
Diversified Mortgage Company, one of California’s oldest and lowest-priced direct private lenders, funded a $750,000 bridge loan for the purchase of a mixed-use property in the East Echo Park neighborhood of Los Angeles, California. The purchase price was approximately $1,153,000. DMC funded 65% of the purchase in 1st lien position, and the Borrower contributed 35% cash. We charged a 6.95% fixed interest rate with a loan term of 48 months. The property has 2 retail units and 1 residential unit. All 3 were leased at the time of closing. The Borrower used private financing in order to close fast. They plan to eventually refinance with a conventional lender. This mixed-use bridge loan was funded in September 2022.
Bridge Loan for 5-Unit Mixed-Use Property Acquisition in LA County
$678,750
Cityscape Finance, a direct private lending firm, funded a $678,750 bridge loan for the purchase of a 5-unit mixed-use property in Bell Gardens, Los Angeles County, CA. The purchase price was $905,000. Cityscape funded 75% of the purchase in 1st lien position, and the Borrower contributed a 25% cash down payment at closing. The Borrower had good credit. We charged 10.75% interest with a loan term of 12 months. The Borrower plans to continue to rent the 5 units and refinance into a permanent loan as soon as possible. The tenants include a restaurant and grocery store. The building size is 3,306 square feet, and the lot is approximately 5,761 square feet. It’s located on Eastern Avenue, close to the 710 freeway. This CRE bridge loan was funded in August 2022.
Foreclosure Bailout Bridge Loan for Retail Property in Los Angeles, California
$4,300,000
In October 2020, Newport Commercial Capital provided a bridge loan in the amount of $4,300,000 secured by a retail property in Los Angeles. The property had two mortgages and was in default with one of the previous lenders. A new partner joined the ownership group and used his own cash to pay off the 2nd mortgage. He then turned to NCC to refinance the 1st mortgage and save the property from foreclosure. We ordered an appraisal, and the value came it at around $8,775,000. So our loan-to-value was only 49%. The property consists of 8 retail units. 6 were occupied and the other 2 were undergoing tenant improvements but had leases in place. The property also consists of an adjacent vacant lot, and the owners plan to build a 40,000 square foot storage facility. Some of the proceeds from our bridge loan were to be used for the soft costs, and we may end up providing the construction loan next year.
Bridge Loan for 50-Unit Multifamily Property in Los Angeles, California
$10,900,000
BridgeCore Capital, a direct private lender in Beverly Hills, provided a $10,900,000 1st lien position refinance bridge loan to cash out equity on a 50-unit apartment complex in Los Angeles, CA. The Borrower needed the funds to invest in a business and also reposition the subject property with capital improvements and unit renovations. The property is in a great location, but the rents were below market. Given the need for certainty of execution and superior bridge pricing, the Borrower sought BridgeCore’s unique Pay-Rate solution of a 4.99% current pay-rate on a 7.99% total interest rate during the loan term, with 3.00% accruing without compounding interest. Since BridgeCore underwrote on the current value rather than the property’s previous below-market purchase price, the Borrower is now able to season the property with BridgeCore’s market-level loan, allowing it to be repositioned for refinancing after stabilization at the maturity of BridgeCore’s 18-month term. The loan-to-value was 74%. This bridge loan was funded in January 2020.
Acquisition Bridge Loan for Vacant Mixed-Use Property in Hollywood, California
$2,670,000
Archway Fund, a direct private lender based in LA, provided a $2.67M bridge loan for the acquisition of a vacant mixed-use commercial property in Hollywood, CA. The Sponsor required private money to afford them the time and flexibility to pursue multiple take-out options, including renovation and lease-up, or spec development. The property is on a corner lot, at a busy intersection, with a lot of potential. The loan-to-value was 69%. The Sponsor put down 31% of the purchase price in cash at closing. The interest rate on this bridge loan is 8.5%, and the loan term is 24 months. We were able to provide an interest reserve as well as renovation financing on a very quick closing timeline, with no recourse. As with almost all of our deals, the Sponsor did not have to personally guarantee the loan. This purchase bridge loan was funded in June 2019.
Purchase Bridge Loan for Multifamily Property in Los Angeles, California
$806,250
SDC Capital, a direct private lender based in Burbank, funded an $806,250 (75% LTV) 1st lien position bridge loan for the acquisition of a 7-unit apartment building in Huntington Park, a city just five miles south of Downtown Los Angeles, California. This was a deal where the Borrower had intimate knowledge of the submarket and was already invested heavily in the area. The plan was to renovate the units and hold the property indefinitely for cash flow. The Borrower’s experience and extensive knowledge of the submarket gave us added confidence in our ability to close the deal quickly with no appraisal required. As a result, he closed two weeks early and received a $25,000 price reduction from the seller. The exit plan is to refinance with conventional financing during the 12-month term once rents are stabilized and renovations are complete. This purchase bridge loan was funded in January 2019.
Purchase Bridge Loan for Three Multifamily Properties in Beverly Hills, California
$9,390,000
Archway Fund, a direct private lender based in LA, provided a $9.39M non-recourse bridge loan for the purchase of three adjacent multi-family properties in Beverly Hills, Los Angeles County, California. The Sponsor needed a recapitilization loan to capture substantial tax benefits along with renovation funds including $750,000 held for rehab costs. The interest rate is 8% fixed for a 24-month term. The exit strategy is to refinance with a traditional lender once renovations are complete and the property is stabilized. This bridge loan was funded in December 2018.
Non-Recourse Bridge Loan for Industrial Property in Santa Fe Springs, California
$6,100,000
Archway Fund, a direct private lender based in LA, provided a $6.1M non-recourse acquisition bridge loan secured by a 40,000 square-foot industrial building located in Santa Fe Springs, Southeast Los Angeles County, California. The Sponsor plans to recapitalize a portion of the equity partner’s acquisition costs and eventually refinance with a long-term SBA loan. The property is 100% occupied. The interest rate was 9.5% fixed for a term of 24 months. Loan-to-value was 66%, and the Sponsor did not have to personally guarantee the loan. This CRE bridge loan was funded in October 2018.
In March 2018, Archway Fund financed a $6.8MM refinance, cash-out bridge loan secured by a 27,000 square foot research and development building located in Culver City, CA just off the 405 freeway near the Westfield Culver City mall. The borrower required a non-bureaucratic lender with non-recourse and significant cash-out, therefore the need for private money. During our loan term, the Borrower plans to re-purpose the building into a creative office space. Exit is to refinance with a traditional lender once the creative office conversion is completed and fully leased. The interest rate was 7.99% and the term is 24 months.
Purchase Bridge Loan for 8-Unit Multifamily in Long Beach, California
$910,000
SDC Capital, a direct private lender based in Burbank, funded a $910,000 1st lien position bridge loan for the acquisition of an 8-unit multifamily property in Long Beach, CA. The Borrower intends to complete minor unit renovations and refinance our loan within a year with conventional financing. Our pricing on this bridge loan was 7.99% interest only and we charged a 1% origination points. This purchase bridge loan was funded in February 2017.