Direct Private Lender for CRE Investors – Reliable, Quick, Easy

Newport Capital is a direct lender specializing in bridge loans for SFR, multi-family and commercial real estate ventures. Clients partner with us for our easy loan process, quick underwriting approval, and reliable funding commitment. We are self-funded and able to move very quickly. We have an online portal where can get instant access to multiple loan options and pricing within clicks. You’ll have complete visibility of your loan request and term sheets.

Property Geographic Area Details
Arizona, California, Colorado, Oregon, Utah, Washington, Idaho, Texas, Michigan, Oklahoma, Arkansas, Nebraska, Missouri, Montana, Tennessee
Loan Amounts
$1,000,000 to $10,000,000
Interest Rates
10% to 12%
Loan Terms
6 months to 12 months
Origination Fees
2% to 3%
Lien Position
1st
Collateral Types
  • Residential Property
  • Commercial Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Value Add Project
  • Development Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial

Maximum Leverage

Purchase Short-Term (no Value-Add)
Max LTP Residential: 70%
Max LTP Multifamily: 70%
Max LTP Commercial: 70%
Purchase Long-Term
Max LTP Residential: 90%
Max LTP Multifamily: 70%
Max LTP Commercial: 70%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 70%
Max LTV 1st Lien Multifamily: 70%
Max LTV 1st Lien Commercial: 70%
Refinance & Cash Out Short-Term
Max LTV 1st Lien Residential: 70%
Max LTV 1st Lien Multifamily: 70%
Max LTV 1st Lien Commercial: 70%
Residential Rehab & Hold
Max LTP: 90%
Max LTC: 80%
Max LTARV: 85%
Multifamily Value-Add
Max LTP: 70%
Max LTC: 80%
Max LTARV: 85%

Property Types

  • 2-4 Units Residential
  • Assisted Living Facility
  • Commercial Condominium
  • Commercial Land
  • Condominium
  • Covered Land
  • Healthcare
  • Industrial
  • Manufactured Home
  • Mixed-Use
  • Mobile Home Park
  • Multifamily
  • Office
  • Parking Lot
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • RV Park
  • Residential Land
  • Retail
  • Senior Housing
  • Single Family Residence
  • Storage Facility
  • Vehicle Parking

Loan Types

  • Multifamily Bridge
  • Multifamily Rehab
  • Commercial Bridge
  • Commercial Property Value Add
  • Commercial Ground-Up Construction

Specialty Loan Types

  • Condo Conversion
  • Land Development
  • Luxury Homes
  • Subdivisions
  • Transactional Funding

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land
  • Office Land
  • Retail Land

Will Consider Land That is NOT Entitled

yes

Max LTV for Land

40%

Max LTC for Land Acquisition

90%

Max Loan-to-Purchase Price

75%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

no

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Equity in Primary Residence
  • Seller Financing
  • Gap Lender
  • Crowdfunding
  • Family

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

90%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

5

Development Experience Required

no

Minimum Number of Ground-Up Construction Projects Completed by Borrower

0

Max LTC for Ground-Up Construction Costs

90%

Interest Charged for Construction Costs

Entire Amount of Total Project Costs

Will Lend on Partially Completed Construction Projects

yes

Processing Fee

$1,300 to $2,500

Fees which are mandatory for all new borrower clients

  • Processing Fee
  • Appraisal Fee
  • Extension Fee
  • Renovation or Construction Funds Draw Fee

Fees which are paid to a third party company

  • Appraisal Fee

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

7

Payment Structure
  • Interest Only
  • Interest Reserve
Pre Payment Penalty

no

Will lend to a foreign national

no

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

yes

Return criteria is 20% plus IRR.
Borrower Entity Types Considered
  • LLC
  • Limited Partnership
  • Corporation
Documentation Required
  • Credit Report
  • Loan Application
Personal Guaranty (Recourse) Required
Sometimes
Credit Check Required

no

Appraisal Required for Residential Property

Always

Appraisal Required for Commercial Property

Always

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Contact Newport Capital

Newport Capital pays us to be listed, so there is no fee to connect with them directly.
(949) 891-0273 (949) 891-XXXX
Click to show phone number
Send email Create a Loan Request

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Newport Capital is a provider of private credit to middle-market owners, operators and developers of commercial and residential real estate. As a portfolio lender backed by a series of funds, Newport is dedicated to delivering liquidity and efficient funding across the capital structure.

Apply On Our Website

License

CA DRE Lic. #01980596

Year Established

2018

Office Locations

Newport Capital
100 Bayview Circle ste 2200, Newport Beach, CA 92660

Primary Capital Source
  • Own Funds
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

100%

Our Team

Mike Blumenkranz

Loan Origination

CA DRE Lic. - 01980596

TJ Coveyou

CEO

CA DRE Lic. - 01856812

Contact Newport Capital

Newport Capital pays us to be listed, so there is no fee to connect with them directly.
(949) 891-0273 (949) 891-XXXX
Click to show phone number
Send email Create a Loan Request

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
SUBSCRIBE
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Contact This Lender

Click to show phone number
(949) 891-0273 (949) 891-XXXX
Visit Website Send Email

Create a Loan Request

Be more efficient with your lender search. Provide the loan details once, save it, and then share it with multiple lenders.

Create a Loan Request

Contact Newport Capital by whichever method you choose.

If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.

BEFORE YOU CONTACT THIS LENDER

Our Minimum Loan Amount Is

$1,000,000

What We Do

  • CRE Financing in Western States
  • Bridge, Value Add, Construction
  • Land and Specialty Property Types
  • LTV up to 75% (50% for Land)

Not Available

  • NO 100% Financing
  • NO 2nd Mortgages
  • NO Rural Areas

Send an email to Newport Capital