Los Angeles Lenders for CRE Value Add Projects
Are you seeking financing for a commercial property value-add project in Los Angeles? On this page, you’ll find a list of private lending firms that offer short-term loans to purchase & renovate (or re-purpose) commercial real estate throughout Los Angeles’s urban areas, including retail, office, industrial, hotels, self-storage, and others. The sponsor/borrower must contribute at least 20% cash to the total project costs (acquisition and rehab budget). The loan-to-completed value for most lenders is 70%, or whatever LTV will qualify for the long-term takeout loan.Searching...
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Stabilis Capital Management, LP
Bridge Financing for Commercial Real Estate Nationwide
Newport Capital
Easy, reliable, on-time funding that you can count on.
First Bridge Lending CRE
Fast CRE Bridge and Value-Add Loans | No Appraisal Required
Wilshire Finance Partners
Commercial Real Estate Loans | Bridge & Value-Add | 1st or 2nd Lien
SDC Capital
Family Office Lender. No 3rd-party appraisal (typically). Soft Money Terms in 1st or 2nd Lien Position.
Commercial Value Add Transactions in Los Angeles
Private Money Loan for Apartment Acquisition & Rehab in Los Angeles, California
$5,450,000
Archway Fund, a direct private lender based in LA, provided a $5.45M acquisition and rehab non-recourse bridge loan secured by a 32-unit rent controlled multifamily property located in Los Angeles, California. The Sponsor plans to perform immediate renovations and raise rents up to market rates in order to achieve stabilization. The exit strategy is traditional long-term financing or a sale of the asset once stabilized. The interest rate was 7.99% for a 24-month loan term. No appraisal was required, and the Sponsor did not have to personally guaranty the loan. This CRE private money loan was funded in September 2018.