Franchise Restaurant - Eagle Rock, CA 2016
Bridge provided loan financing for Tenant Improvements (TI’s), inventory and start-up costs for a local franchisee of a major national franchise restaurant.
Residential Bridge Loan - San Marino, CA - 2016
Bridge assembled a private investor group to provide a bridge loan for a luxury residence in foreclosure. The property avoided foreclosure and the loan and interest were repaid in full from an institutional loan.
Commercial Industrial Property Portfolio – Pasadena, CA - 2015
Bridge provided a long term permanent fixed rate loan for a fully leased commercial investment property and for an owner/user property with an institutional lending source.
Commercial Retail Property Portfolio – Pasadena, CA - 2015
Bridge led a private lending group that provided an interim loan secured by 4 commercial retail properties in the exclusive downtown Carmel restaurant and retail district. The loan was advanced to a private borrower with credit problems. The interim loan enabled the borrower to pay off outstanding bills and clean up their credit report and improve their credit score. Bridge then obtained a permanent loan from an institutional lender.
Foreclosure “Fix & Flip” Financing - Inland Empire – Southern California – 2012
At a time in the market cycle when there were plentiful opportunities to acquire distressed and foreclosed homes but only limited institutional capital was available, Bridge provided a high volume foreclosure auction home buyer with a revolving line of credit facility from a non-regulated lending source to fund the cost of acquisition at auction sales and renovation costs for approximately 1,000 homes over time.
Industrial Building - Holt, MI - 2007
The borrower entered into escrow to acquire the property, a 170,000 SF single tenant industrial building, near the bottom of the last economic downtown. The borrower had secured a commitment for a permanent loan for the property acquisition from an institutional capital source. The financing commitment fell through and the buyer required a loan that could close and fund within 3 weeks or they would lose their earnest money deposit and the acquisition opportunity. Bridge provided an $11,000,000 short term bridge loan for 97% of the purchase price in 3 weeks and the purchase transaction successfully closed on time. After the purchase transaction closed, Bridge then arranged a long term permanent loan to repay the bridge loan despite the fact that institutional lenders had “redlined” loans to buildings in Michigan with automotive industry tenants during the economic down cycle occurring at that time.
Los Valles - Santa Clarita, CA - 2004
Los Valles is a fully entitled master-planned community for 209 upscale production and custom homes and a professional-length, 18-hole golf course and clubhouse in Santa Clarita, California.
As the developer’s exclusive financial advisor, Bridge Realty Advisors secured an acquisition and development of loan of $46 million and a mezzanine loan of $11 million to allow the developer to construct the site improvements, the golf course and clubhouse at Los Valles.
Copper Crest - Hesperia, CA & Eagle Ranch - Victorbille, CA - 2003
Bridge was the first to convince the institutional real estate capital sources to invest into the Victor Valley at the initial stages of the prior economic upcycle. The funds were used for the acquisition and build out of a 62 lot home building site in the Eagle Ranch Master Planned Community in Victorville and a 200 lot home building site in Hesperia.