$3,530,000 Bridge Loan Secured for Retail Property in Los Angeles, CA
A California bridge lender provided a $3,530,000 bridge loan secured by a commercial property at 176 N La Brea Avenue in Los Angeles, arranged by capital markets advisor Andrew Sawyer of Piccard Financial.
The financing closed on an expedited timeline to meet the sponsor's acquisition deadline, with the lender underwriting to the asset's in-place condition rather than waiting on stabilization. Bridge executions of this profile are typically structured around speed and certainty of close, with the permanent refinance addressed once the business plan matures.
La Brea Avenue remains one of the more consistently financeable retail corridors in central Los Angeles, and private lenders continue to be the execution of choice for time-sensitive closings in the submarket.
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Private money remains the fastest execution for Los Angeles commercial deals with hard deadlines. Full-service private lenders in the market are regularly closing first trust deed bridge loans in two to three weeks. Owners weighing a bargain purchase or a maturity with no takeout in place should be modeling bridge-to-perm economics early rather than at the deadline.
Transaction Details
- Closing Date
- Feb 15, 2026
- Loan Amount
- $3,530,000
- Loan Type
- Private Money
- Loan Purpose
- Bridge
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- Direct submission
Property
- Address
- 176 N La Brea Ave
- City, State
- Los Angeles, CA
- Market
- Los Angeles
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