CrownGuard Capital Closes $22M Bridge Loan in CA

CrownGuard Capital LLC has closed a $22,000,000 bridge loan to support the acquisition and development of a luxury beach house property in Southern California. The financing was executed under a 36-month term at a 10.79% interest rate.

The borrower used the short-term capital to complete a time-sensitive acquisition and implement a value-add plan focused on enhancing the property’s luxury appeal and guest experience. The seller required an expedited closing to satisfy an existing loan payoff, and the deal was structured to provide certainty of close in a competitive coastal market.