6th

This deal had been rejected by multiple lenders before it reached us. A buyer was in escrow on a $13 million oceanfront Del Mar home: 4,600 square feet on the cliff's edge, alley to alley, one of the best properties on the entire Del Mar coastline. He had $8 million in cash and needed $5 million to close. But time was running out and no single lender would write the full amount fast enough.

That's the kind of call we exist for. $5 million is a large single-lender commitment, and most private lenders would need to syndicate it or run a multi-week approval process. We didn't. We drove to Del Mar, walked the property with the buyer and his agent, and committed the same day. From first call to funded loan: about seven days.

Here's why we could move that fast: we've underwritten Del Mar oceanfront properties before. We know the comps, we know the price per square foot on the cliffs, we know what alley-to-alley frontage is worth. There was no mystery in the collateral, just a question of whether we had the conviction and the capital to act. We had both.

The loan was under 40% LTV against a $13 million purchase. Our capital was extremely well-protected. The borrower got his oceanfront home. And two brokers who'd been working the deal for weeks finally got it closed because they found a lender who could actually execute at this scale and speed.

This is the deal that crystallizes what local private lending looks like at its best. Not just willingness to lend, but the market knowledge to underwrite in real-time and the capital base to deploy $5 million without flinching.