Bridge Loans
Fast. Creative. Dependable
Bridge Loans from $5 Million – $300 Million+,
with over $4 Billion funded, available exclusively in California
Bridge
- Amount: $1 million to $50 million
- Rate: Starting at 9.0%+ (Interest Only and Floating)
- Points: 0.5% – 2.0% (no exit fee)
- Location: Coastal and urban metro submarkets of California
- LTV / LTC: Up to 70% LTV/LTC
General Parameters
- Purpose: Acquisition, Refinance, Note Purchase, Debtor-In-Possession
- Collateral: Land (Entitled, Unentitled), Hotel, Multifamily, Office, Retail, Industrial, and SFR (NOO)
- Term: 6 months to 36 months
- Prepay: Allowed, Fee May Apply; No Yield Maintenance
- Recourse: Non-recourse OK
- Position: First Trust Deed; Subordinate Financing Allowed
Program Highlights
- Close in as Few as Five Days
- Transitional Properties OK
- Higher LTVs/LTCs Considered
- Creative Structures Possible
- Competitive Pricing
- We Can Finance Land
- No Yield Maintenance
- Foreign Nationals OK
- Minimal Paperwork
- No Minimum DSCR
Actual terms will vary based on a number of underwriting factors. Please contact us to discuss your specific financing situation, and we will quickly evaluate whether we can craft a solution to meet your needs.
Highlights
Educational
- University Campus – Oakland, CA
- Acquisition Financing for a 60-acre Educational Campus
- 69% LTPP Bridge to Stabilization
Office
- Union Bank Tower, DTLA
- Senior A Financing for 40-Story Office Tower (Non-Recourse)
- 72% LTPP Bridge to Stabilization
Business Complex
- Irvine Business Complex, CA
- Acquisition Loan Financing for Covered Land Play (Non-Recourse)
- 60% LTV Bridge to Redevelopment
Office
- Canvas North & South Office Campus – Costa Mesa, CA
- Acquisition Financing for a 553,000 Square Foot, Five Building Office Campus
- 60% LTPP Bridge to Stabilization
Office & Retail
- Hollywood, CA
- Acquisition Loan Financing for 12-Story Office Building
- 54% LTPP Bridge to Stabilization
FAST
Because we have over 35 years of real estate investment and development experience as a principal through our sister company, Blue Star Capital’s, we recognize that rapid decision-making and responsiveness is imperative to the real estate entrepreneur.
Our deep knowledge of California real estate helps us to understand and price risk efficiently; we often issue term sheets within 24-48 hours and fund as quickly as five days from application, enabling clients to capitalize on time-sensitive opportunities..
CREATIVE
Our streamlined organization and discretionary capital allows us to tailor creative, outside-the-box financing solutions to meet the unique needs of each opportunity. Comprised of just three members, Blue Star Capital’s nimble credit committee is actively involved in structuring every deal. Because our investors are internal Blue Star Capital’s entities, we do not require external approvals from high-net worth or institutional fund investors, giving us the flexibility to craft innovative solutions.
DEPENDABLE
We cultivate long-term relationships with clients by offering superior service and reliability from initial inquiry through payoff. Many repeat borrowers utilize our financing even when a deal is a candidate for a traditional bank loan because we are easy to work with and provide certainty of execution. Blue Star Capital
never sells its loans and our underwriting, legal, funding, and servicing functions are all performed in-house. Our soup-to-nuts approach ensures a seamless experience, gives us maximum control over service, and keeps costs low for borrowers.
About Us
Blue Star Investments owns over a million square feet of commercial property and 500,000 square feet of urban development land in Southern California, currently valued at over $1 billion.
Blue Star Capital is a private direct lender originating bridge financing in the $1 million to $30+ million dollar range secured by real estate located in California. We specialize in time-sensitive and value-added deals underserved by banks and other traditional capital sources.
