Riverside County Bridge Lenders for Commercial Real Estate
A list of bridge loan lenders for commercial real estate in Riverside County - Moreno Valley, Corona, Temecula, Murrieta, Hemet and other areas. The lenders in our directory offer bridge loans for a variety of Inland Empire CRE financing, including: acquisition, refinance, cash out, redevelopment, repositioning, recapitalization, 1031 exchange, discounted payoff (DPO), note purchase and other deal types.
In November 2016, Archway Fund financed a $6.2MM bridge loan to purchase a 120,000 square foot industrial building in Murrieta, Riverside County. The loan was secured by a 1st trust deed on the property and further secured by a 3rd trust deed on their existing industrial building located in the City of Industry, CA. The borrower was looking to bridge the purchase of the property with a 1st trust deed loan on the property and a 3rd trust deed loan on the Departure Building. The loan term was 12 months.