$4,320,000 Commercial Loan in Lynwood, CA

Loan Amount: $4,320,000

LTPP: 64%

Type: Commercial Loan

Term: 18 months

The borrowers are real estate investors with experience owning and operating commercial real estate. First Bridge Lending provided financing to help the borrowers purchase the industrial property consisting of 4 separate buildings and 1 commercial billboard situated on 1.156 acres and 27,000 sq ft of yard space. The borrowers have various upgrades planned and have pre-leased 3 of the buildings. They will raze the 4th structure and ground lease the corner parcel.

The loan amount totaled $4,320,000 at 64% LTPP for an 18-month term. First Bridge Lending originator Brian Haines facilitated this deal and helped the client secure funding for their commercial property purchase.

Private Lender
Direct Lender
Quick Process puts you in touch with decision makers
Loans funded in 3 business days
In-house Underwriting, No Appraisal Required

FBL Track Record
Over 3,500 loans totaling more than $2 billion closed since 2012
Funded loans from $100,000 to $5 Million on Residential/Commercial properties
CA Licensed: CFL, DRE, NMLS

Related Deals

Commercial Loan in Rancho Cordova, CA
50% LTPP
12 months

Commercial Loan in La Jolla, CA
60% LTPP
24 months

Commercial Loan in Rancho Cordova, CA
60% LTPP
18 months

First Bridge Lending