Malibu, CAMalibu, CA
Luxury SFR (NOO) · New constructionRepositioned trophy asset
$33M market value
Situation
Sponsors sought a banking relationship for a stressed asset repositioned by a leading NPL investor. The repositioning was nearly complete, but existing private capital carried excessive rates.
Terms
- Loan
- $15.97M bridge-to-sale
- Rate
- 8.50% fixed, interest only
- Origination
- 1.00%
Outcome
Established a key banking relationship and substantially reduced the sponsor's borrowing costs.
Beverly Hills, CABeverly Hills, CA
Luxury SFR (NOO) · New constructionCreative structure bridged a weak-borrower new-construction sale
$20.5M market value
Situation
A financially weak borrower faced excessive rates and very high extension fees on existing private capital.
Terms
- Loan
- $13.4M bridge-to-sale
- LTV
- 65%
- Rate
- 8.50% fixed
- Origination
- 1.00%
Outcome
Substantially reduced borrowing costs; a creative structure mitigated weak borrower financials for an attractive risk-adjusted return in a highly desirable area.
Pebble Beach, CAPebble Beach, CA
Luxury SFR investment · AcquisitionClosed in 11 days after a bank walked, preserving the deposit
$13.5M purchase price
Situation
A bank terminated the loan process over a low FICO score, putting a substantial deposit at risk against an extremely tight closing timeline.
Terms
- Loan
- $8.5M acquisition-to-perm
- LTV
- 63%
- Rate
- 10.25% fixed
- Origination
- 1.50%
North Brentwood, CANorth Brentwood, CA
Luxury SFR · Estate planningSituation
A borrower in failing health was finalizing estate planning with a maturing loan and no extension — weak liquidity, significant REO, and trust-ownership title issues.
Terms
- Loan
- $13.55M bridge-to-sale
- LTV
- 64%
- Rate
- 10.25% fixed
- Term
- 12 months, full interest reserve
- Origination
- 1.50%
Representative transactions. Terms vary by deal and are subject to underwriting. Figures shown for illustration.