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High-rise Buildings
West Bay Capital words logo

The bridge between

Private Capital and Commercial Real Estate

Lendin Criteria

LENDING CRITERIA

Lending Criteria & Loan Terms

LOAN AMOUNT

$1,000,000 - $25,000,000

LOAN TYPES

Acquisition, Refinance, Bridge, Construction

LIEN POSITION

1st Deeds of Trust or Mortgages

LOAN-TO-VALUE

Up to 75% (combined LTV)

LOAN-TO-COST

Up to 100%

LOAN TERM

6 months – 24 months

LENDING TERRITORY

United States

INTEREST RATE

11.00%+

ORIGINATION FEE

1.00%+

AMORTIZATION

Interest Only

PROPERTY TYPES

Retail, Multifamily, Office, Industrial, Medical, Mixed-Use, Gas Stations and Convenience Stores, Self-Storage

Corporate Building

TRANSACTIONS

We have over twenty years of track record with private money lending as both a broker and direct lender. Here are a few of our featured transactions.

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$5,100,000 | Madera, CA | Retail Acquisition and Development Loan

-West Bay provided a $5.1M acquisition loan for a vacant 60,000 SF retail property in Madera, CA.

-The borrower had secured a 20-year lease with Vallarta Supermarkets prior to closing.

-West Bay funded 100% of the project, covering acquisition, tenant improvements, leasing commissions,
and an interest reserve.

-After stabilizing the property, the borrower paid off the West Bay loan with a permanent financing solution.

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$4,100,000 | Nashville, TN | Industrial Acquisition Loan

- The property, primarily vacant, was slated for redevelopment, with its true
value lying in the land.

-Although a bank was initially engaged to provide financing, they ultimately declined the loan due to concerns over excessive exposure to land assets.

-Leveraging the third-party reports ordered by the bank, West Bay successfully closed the deal in just nine business days, enabling the borrower to meet the seller’s timeline.

Perris Starbucks.png

$3,500,000 | Perris, CA | Retail Build-to-Suit Loan

-West Bay provided 89% loan-to-cost financing for a ground-up build-to-suit Starbucks in Perris, CA.
-The non-recourse loan included reserves for interest carry and soft costs.

Transactions
Testimonials

TESTIMONIALS

Industry-Leading Customer Experiences

“West Bay was an absolute pleasure to work with! We had a complicated transaction with a very tight timeline to close, West Bay performed exceptionally well for our client and were able to close in 9 business days from start to finish – incredible!”

JLL

"We wouldn't now own the building housing our Sacramento, California outlet without West Bay Capital.  Less than two weeks after first contacting West Bay Capital, our $2.5 million purchase money loan was processed and funded, and it's been a pleasure dealing with West Bay Capital's loan managers ever since.  Prompt, professional, fair and reasonable.  Simply, our relationship with West Bay Capital is worth every penny paid for/on our loan, and we wouldn't hesitate to borrow from West Bay Capital should we again need a fair, competent and efficient lender--a rare bird these days.”

Ornamental Iron Supply, Inc.

“The West Bay Capital team is focused, competent and extremely capable.  These are qualities that we demand from our business partners.  West Bay successfully closed an acquisition loan for us in three weeks with strict deadlines and no margin for error.  We look forward to continuing our relationship with them on future transactions.”

Kingsbarn Realty Capital

Our Professionals
Sky

OUR PROFESSIONALS

Decision Makers Are Owners, Brokers, and Managers of Commercial Real Estate

William McBride portrait click for detailed bios

MANAGER

INVESTMENT PORTFOLIO

Tel: 310-231-1270 x223

wmcbride@westbayllc.com

Darren Hill portrait click for detailed bios

UNDERWRITER

Tel: 310-231-1270 x228

dhill@westbayllc.com

Craig Quinn portrait click for detailed bios

MARKETING

DIRECTOR

Tel: 213-435-6735

cquinn@westbayllc.com

Edward Marek portrait click for detailed bios

MANAGER

INVESTMENT PORTFOLIO

Tel: 310-231-1270 x222

emarek@westbayllc.com

Adam Deragisch portrait click for detailed bios

FUND

ADMINISTRATOR

Tel: 310-231-1270 x274

aderagisch@westbayllc.com

photo of Kyle McBride

DIRECTOR

ORIGINATIONS

Tel: 310-292-3722

kmcbride@westbayllc.com

Michael Poyer portrait click for detailed bios

VICE PRESIDENT

ORIGINATIONS

Tel: 310-231-1270 x242

mpoyer@westbayllc.com

Kevin Prince portrait click for detailed bios

MANAGING DIRECTOR

ORIGINATIONS

Tel: 310-231-1270 x275

kprince@westbayllc.com

Affiliates

AFFILIATES

Flexible structures and creative solutions for difficult loans

photo showing how The Capital Companies include Capital Lending Resources (CLR) for real estate finance, West Bay Capital for mortgage fund, and Caplital Real Estate Advisors (CRA) for real estate services.
CAPITAL LENDING RESOURCES (CLR)

clrinc.com

 

CLR is the exclusive originator of loans made by West Bay. Since 1994, CLR has been a full-service mortgage and finance company dedicated to originating commercial mortgage instruments.

CLR has numerous financial arrangements with banks, credit unions, insurance companies, Wall Street lenders, mortgage bankers, and other credit providers through which it arranges loans for its clients.

In addition, CLR provides private money financing for bridge and non-institutional loans, as well as other opportunistic funding needs of its clients. CLR maintains a CFL and a DRE license, is 100% owned by Messrs. McBride and Marek, and is an affiliate of West Bay Capital, LLC.

CAPITAL REAL ESTATE ADVISORS (CRA)

cra-clr.com

 

CRA is a full-service commercial real estate company which provides a variety of real estate related services, including brokerage (sales and leasing), investment, development, asset management, property management, and consulting.

CRA provides and supports these services on numerous property types, including: retail, office, industrial, multi-family, mobile home parks, residential tract developments, golf courses, assisted living facilities, and other special purpose properties. CRA is a division of CLR and is an affiliate of West Bay Capital, LLC.

CRA provides commercial real estate support services to West Bay Capital, LLC as needed. CRA and CLR’s personnel will provide additional support to the fund manager in the origination and underwriting process for loans funded by West Bay.

CONTACT

CONTACT
WEST BAY
CAPITAL

222 N. Pacific Coast Highway, Suite 1780, El Segundo, CA 90245

Email: kprince@westbayllc.com
Tel: 310-231-1270 x 275 (Kevin Prince)

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