California Commercial Bridge Loans | Normandy
Commercial Bridge Loans in California
Selling one commercial property to purchase another rarely happens on a clean timeline — especially in California’s competitive commercial real estate markets. A commercial bridge loan from Normandy lets you access the equity in your current commercial property before it sells, so you don’t lose a purchase opportunity while waiting on your existing asset to close. This short term commercial financing is designed to keep your acquisition moving on your schedule, not the market’s.
Normandy has been funding construction and commercial real estate bridge loan programs since 1985, working directly with property owners across California — from the Los Angeles and San Francisco Bay Area metros to Sacramento, San Diego, and the Central Valley.
Pre-qualify or request a rate quote using our Commercial Bridge Loan Form. Learn more about all Normandy Loan Programs, or call us at 800-390-7536.
General Guidelines*
- Loan Amounts from $95,000 to $6,000,000
- Loan to value up to 75% of appraised value
- Allows you to close quickly to buy property on your schedule
- Deal directly with the Loan Officer/Underwriter and Senior Credit Officer
- Fast pre-qualification, typically within 3 – 5 business days, closing typically within 30 days (fast track closings in 14 +/- days available if certain criteria is met)
- Loans are available to Borrowers with excellent to less than perfect credit (subject to underwriting)
- Eligible properties include: Multi-family (4 or more units), Retail, Office Building, Industrial and Warehouse
- Both – Full income documentation or limited income documentation available
- 12 month term – No pre-payment penalty
- Interest only payments
- Foreign Nationals are eligible for this program
- Appraisal may be waived for closing subject to property, loan to value and financial’s
*All rates and terms subject to change without notice
Rates and Fees
(Based on credit score, income, savings and LTV)
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Rates: Prime Rate plus 2.25% to 4.25%+
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Loan Fee: 1.00% to 2.00%
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Application Fee: $650
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Fast Track Closing Fee: $1,250
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Underwriting Fee: $450
**Loans over $2,000,000 rates start at 7.95%
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California’s Commercial Real Estate Market
California’s commercial property market is shaped by high demand and constrained supply, particularly for industrial and warehouse space along logistics corridors in the Inland Empire and around the ports of Los Angeles and Long Beach. In the Bay Area, office and multi-family assets continue to see strong investor interest despite pricing volatility, while Southern California retail and multi-family properties (4+ units) remain sought after in dense urban submarkets. In this environment, owners often need to act on a new acquisition before their existing property has fully closed — which is exactly the gap a commercial bridge loan is built to cover.
Local entitlement and permitting processes, administered at the county and municipal level, along with CEQA (California Environmental Quality Act) review on many projects, can extend timelines on the buy side. Bridge financing gives buyers the flexibility to secure a property now and work through those processes without forfeiting the deal.
Why California Owners Use Bridge Financing
California’s commercial property values mean that a significant amount of equity can be tied up in a single asset. A commercial real estate bridge loan lets an owner unlock that equity to compete for a new acquisition without waiting on escrow to close on the property being sold — a meaningful advantage in a market where desirable listings move quickly.
Loans Available in the Following States
Loans Available in the Following States
- Alaska (AK)
- Alabama (AL)
- Arkansas (AR)
- Colorado (CO)
- Georgia (GA)
- Hawaii (HI)
- Idaho (ID)
- Indiana (IN)
- Kansas (KS)
- Kentucky (KY)
- Maine (ME)
- Mississippi (MS)
- Missouri (MO)
- Montana (MT)
- North Carolina (NC)
- Nebraska (NE)
- New Mexico (NM)
- Ohio (OH)
- Oklahoma (OK)
- South Carolina (SC)
- Tennessee (TN)
- Texas (TX)
- Utah (UT)
- West Virginia (WV)
- Wyoming (WY)
Frequently Asked Questions
What is a commercial bridge loan in California?
It’s short term commercial financing that lets you use the equity in a commercial property you intend to sell to fund the purchase of a new commercial property, without waiting for the sale to close first.
What types of commercial property qualify in California?
Multi-family properties with 4 or more units, retail, office buildings, industrial, and warehouse properties are eligible.
How fast can a commercial bridge loan close in California?
Pre-qualification is typically 3–5 business days, with closing generally within 30 days. Fast track closings in around 14 days may be available for borrowers who meet certain criteria.
Do I need perfect credit to qualify?
No. Normandy works with borrowers ranging from excellent to less-than-perfect credit, subject to underwriting.
Is an appraisal always required?
Not necessarily — an appraisal may be waived for closing depending on the property, loan-to-value, and the borrower’s financials.