Apartments - Mobile Home Parks - Mixed-Use
Commercial - Industrial - Self-Storage - Hotel - Assisted Living

ALB Commercial Capital is a Broker Correspondent to a private asset based lender specializing in short-term bridge, mezzanine, and construction financing for commercial and multifamily properties primarily located in southern California.  BridgeLoanPro is a simple to use software designed by Lee O’Donnell for quick analysis of acquisitions and financing.  Our program offers leverage (up to 80%) with extensive real estate investment expertise for real estate investors and developers with flexible, creative, and quick capital solutions, often closing transactions in as few as five days. All loans are underwritten quickly and serviced in house by our investor. Bridge Loan Program Outline
Bridge Financing
Construction Financing
Property Type: Commercial, non-owner-occupied residential, land Property Type: Commercial, non-owner-occupied residential, land
Loan Size: $1M to $50M Loan Size: $1M to $20M+
Interest Rate: From 8.5% Interest Rate: From 9.5%
LTV: Up tp 80% LTV: Up to 100% of construction costs and 40% of land; HC mezz loan available to 75% of land.
Term: 9 to 24 months Term: 12 to 24 months
Origination Fee: 1.5% to 2% Origination Fee: 1.5% to 2%
Amortization: Typically interest-only Amortization: Interest-only, reserved upfront
Purpose: Acquisition, restructuring, recapitalization, renovation Purpose: Development

 



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