California · Industrial
California industrial financing.
We do not fund industrial property in-house. California warehouse and logistics deals are placed through our capital-partner network and reviewed case by case. What we fund directly in California is residential investment property, one to nine units, $1M to $5M.
By David Hodara · ·
No
Funded in-house
Partner network
Route
1-9 units
In-house box
$1M-$5M
In-house range
California industrial market context
Our in-house lending is residential: bridge, fix and flip, ground-up construction, renovation and DSCR on houses, 2-4 units, condos, townhomes, small buildings up to nine units, build-to-rent and rental portfolios. Industrial property sits outside that box, so we place it through our capital-partner network on the partner's terms.
If you are buying, renovating or building residential property in California, the pages below describe what we fund directly.
What we fund directly in California
Each deal gets routed to the product structure that fits. Most industrial deals in California use one of the following.
California single family & 1-4 unit
Bridge, fix and flip, renovation and DSCR on houses and 2-4 unit property held for investment, $1M to $5M.
California ground-up construction
Spec houses and small residential buildings, up to 85% of cost, with a sale or DSCR refinance as the exit.
California small multifamily (5-9 units)
Fully residential buildings of five to nine units: bridge, renovation, ground-up, DSCR exit.
California industrial FAQ
Does Passy Capital fund industrial property in California?
Not in-house. Industrial deals are placed through our capital-partner network and reviewed case by case.
Can a foreign national finance industrial in California?
Not in-house. Industrial deals in California are placed through our capital-partner network, on the partner's terms. What we fund directly for non-US investors is residential investment property, one to nine units, $1M to $5M, lent to a US LLC on the same terms a US investor receives, with no US credit history required.
Got a California industrial deal? Send it over.
Term sheet inside 48 hours, or a fast no so you can move on. Business-purpose investment property financing only.