Commercial Bridge Loan for Apartments Commercial mortgage broker Financial Compound arranged a non-recourse commercial bridge loan of $12,750,000, representing 98% of purchase price for the acquisition of four apartment buildings. This commercial bridge loan comprises four apartment properties located in transitional submarkets in Southern California included the rehab cost and interest reserve budget. The financing...Read More
Commercial Bridge Loan for a mixed use acquisition An 85% of all-in-cost $14 million mixed use acquisition commercial bridge loan was arranged by Financial Compound for the acquisition/reposition of a 30,000sf mixed use property in Los Angeles. The property was sold by an owner-user, who intends to vacate, along with the other anchor tenant, within...Read More