Small balance bridge lender with two buckets of capital.
- Location: HQ in Westlake Village, CA
- Markets: Western US
- Loan Sizes: $1M to $15M
- Pricing: Rates start at 9.5% fixed
- Bucket 1 (Mortgage REIT)
- Asset Types: Multifamily, industrial, retail, and SFR
- Deal Types: Bridge and construction
- Leverage: 80-85% LTC
- Bucket 2 (SMA - University endowment)
- Asset Types: NNN retail and industrial
- Deal Types: Build-to-suit construction
- Leverage: Lesser of 95% LTC, 75% LTV, and 8% debt yield
- Competitive Advantages: Quick closes and short minimum interest (3-6 months).
