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Stonecrest Financial
Bridge Loans + Line of Credit in 1st or 2nd Position Secured by CA Property
$250,000 - $10,000,000
7.99% - 10.99%
1.50% - 3.00%
70%
75%
3 to 36 months
SDC Capital
Family Office Lender with Competitive Terms in 1st or 2nd Lien Position
$250,000 - $5,000,000
6.99% - 9.99%
1.00% - 2.00%
65%
70%
3 to 24 months
Aztec Financial
Burbank, CA | Established 1987 | No Red Tape, Will consider 100% Financing
$33,000 - $3,000,000
7.99% - 10.99%
1.00% - 3.00%
75%
100%
1 to 120 months
Newport Commercial Capital
Easy, reliable, on-time funding that you can count on.
$50,000 - $5,000,000
9.50% - 15.00%
2.00% - 3.00%
70%
90%
6 to 24 months
Avatar Financial Group
A different kind of loan. A different kind of lender.
$500,000 - $25,000,000
8.99% - 9.99%
2.00% - 4.00%
70%
70%
0 to 24 months
BridgeCore Capital, Inc.
4.99% Pay Rate Loans for Commercial Real Estate Nationwide
$1,000,000 - $30,000,000
6.99% - 9.99%
1.00% - 2.00%
65%
65%
6 to 18 months
Completed Bridge Loan Transactions in Palm Springs
Bridge Loan Secured by Palm Desert Office Building and Raw Land
$5,500,000
Transaction by Wilshire Quinn Capital
In November 2013, the Wilshire Quinn Income Fund financed a $5.5M bridge loan to cash out equity on a 6,100 square foot office building in Palm Desert. The borrower is a local real estate developer who needed funds to pay for soft costs to entitle/develop his 491-acres of land in Cathedral City. Wilshire Quinn secured a 1st trust deed on the land and cross-collateralized with the office building. The combined appraised value of both properties was approximately $35M so the loan-to-value on this bridge loan was just 16%.