Los Angeles-based commercial mortgage brokerage firm Nebo Capital has introduced a private-money financing program with $80 million in available funds. All existing income-producing properties will be considered for senior bridge financing of $1 million to $8 million and up to 70% loan-to-value, the company says.
Lending activity will be focused on the California, Arizona, Nevada, Oregon and Washington markets – as well as major national markets on a select basis.