$8,435,000 Commercial Loan in San Francisco, CA

Loan Amount: $8,435,000

LTV: 60%

Type: Commercial Loan

Term: 12 months

The borrower is an experienced investor and landlord expanding their real estate portfolio. With a cross-collateral cash-out refinance loan from First Bridge Lending, the borrower received the required short-term capital to acquire another investment property. The loan was secured by three properties: a renovated 12-unit TIC in an average San Francisco neighborhood, and two 6-unit residential buildings that the borrower plans to renovate in the Mission District.

The loan amount totaled $8,435,000 at 60% LTV for a 12-month term. First Bridge Lending originator Louis Bardis facilitated this deal and helped the client secure funding for their next commercial investment property.

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 and commercial properties
CA Licensed: CFL, DRE, NMLS

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