Commercial Mortgages in Los Angeles
For real estate owners that are in the process of switching buildings or adding another building to their portfolio, it can sometimes be difficult to convince a bank to fund commercial mortgages in Los Angeles when investors already have an existing mortgage with the same bank. Banks are hesitant to give multiple mortgages to a property owner, even if they are in the process of selling one of the properties. Luckily, First Financial Capital’s ability to provide investors with bridge loans in Los Angeles allows firms to navigate through these important transition periods without slowing the growth of their investments.
By using both collateral and equity based lending practices, First Financial Capital provides commercial mortgages that Los Angeles real estate buyers count on when shifting their investment interests. In total, we have financed over 2-billion dollars in special interest properties. Everyone from gas station owners to apartment building investors have benefited from our flexible and fast lending, and the number of clients that we are able to serve is by no means slowing down. While banks are still cautious to provide real estate financing in Los Angeles in the wake of the Great Recession, First Financial Capital stands firm as a provider of convenient commercial mortgages in Los Angeles.
Especially in this day and age, it is more and more common for real estate buyers to turn to out of the box finance for Beverly Hills business transactions, especially when these acquisitions are made during times of change for an individual or real estate holding company. The unwillingness for banks to compound mortgages makes transitions difficult unless the prospective buyer possesses an extraordinary amount of liquid capital. Loans from First Financial Capital serve as a necessary bridge in real estate financing Los Angeles buyers rely on to fund their projects.
Every real estate owner that has experience dealing with different lenders knows that it is extremely valuable to partner with a lender who has experience with commercial mortgages in Los Angeles. At First Financial Capital, we have over 30 years of experience in the finance industry, and we know how to navigate around many of the roadblocks that can stall a lending agreement. Companies within California can call today to inquire about lending anywhere from $1,000,000 to $25,000,000 over a 1 to 3 year term. You can reach us over the phone at (310) 694-5060. (Broker license number: CA DRE 01523939)