“I have used Loren’s services on several occasions when I required a new multifamily loan. Each time I have been more than satisfied with his expertise and advice. He always has my best interest in mind. I would not consider going to anyone else.”
“I’ve worked with Raquel on two separate occasions to facilitate loans for my multifamily property acquisitions in Phoenix, AZ. The loans were completed with enthusiasm, timeliness, accuracy and no glitches whatsoever. The La Jolla Capital Group team is committed to getting the job done and I will reach out to them for all of my future loan needs.”
“As a first time apartment buyer, I didn't know what to expect when it came to getting a loan. Michael took the time to sit down and educate me on the entire process, from calculating loan amounts based on cash flow to the step by step process it takes to close a loan. Michael and the whole LJCG are extremely knowledgeable and responsive. They will be my only call for future loans.”
“I have closed several commercial real estate loans with Loren of La Jolla Capital Group. Loren is always easy to reach and utterly focused on getting the deal closed. He has earned my loyalty. He is the call I make for every commercial lending opportunity that comes my way.”
Rob AdattoCethron Property Management/Principal
“I have always been hesitant to work with mortgage brokers but while purchasing a larger project, Michael was the only one who could hit my target loan amount, and furthermore at approval he was able to increase that by an additional $90K. LJCG earns every dollar they make and they’re worth every penny.”
LJCG was able to arrange a purchase loan with $100K+ more in proceeds than the competition, and at a lower rate. At commitment LJCG was able to increase the loan amount by an additional $90k, far exceeding the borrowers expectations.
Loan Amount: $2,500,000
Owner Occupied Mixed-Use - Pacific Beach
LJCG structured a competitive 10-year fixed loan @ 4.15% for an owner-occupied mixed use asset. Borrower achieved goal of $400K cash-out to buy additional commercial real estate.
Loan Amount: $1,300,000
9,000 square feet
Construction Take-out Loan
This Project was completed but only partially leased out when LJCG secured a 4.00% 10 year fixed rate take out loan at 70% of appraised value
Loan Amount: $1,900,000
Cash-out Refinance to Purchase
Borrower required a max LTV cash-out refinance for a down payment to purchase 2 additional buildings with rents below market. LJCG successfully arranged 75% LTV cash-out refinance and structured a purchase loan with a secondary earn out funding of $200K...
Loan Amount: $2,270,000
Single Tenant NNN - Arcadia
LJCG successfully arranged a true non-recourse loan with NO individual carve-outs at 4.00% fixed for 10 years