Blanket Bridge Loan - Image

Blanket Bridge Loan

Santa Monica and Big Bear

Loan Details

Loan Amount $2,175,000
Interest Rate 13%
Loan-to-Value 64.99%
Loan Position 2nd TD

Project Overview

Marquee Funding Group is proud to announce the successful funding of a $2,175,000 private money loan secured by properties in Santa Monica and Big Bear, California. This deal showcases Marquee’s ability to structure creative financing solutions that help borrowers unlock liquidity and seize opportunities quickly, even in complex scenarios.

The transaction was structured as a blanket bridge loan secured by 2nd trust deeds across multiple properties. With a 64.99% loan-to-value (LTV) ratio, the loan provides conservative collateral coverage while enabling the borrower to maximize equity from more than one asset. The note carries a 13% interest rate, offering competitive returns for investors while addressing the borrower’s immediate financing needs.

Bridge loans are an essential tool in real estate financing, providing short-term capital that allows borrowers to transition between transactions, consolidate debt, or reposition assets. By using a blanket structure, Marquee Funding Group delivered a flexible solution that leveraged multiple properties, ensuring sufficient security while delivering the borrower the liquidity needed to move forward.

The deal was originated by RJ Solovy, whose experience and strategic approach ensured smooth execution from start to finish. His ability to craft a loan structure that balanced borrower goals with investor protections reflects Marquee’s reputation for excellence in private money lending.

Property Location

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