Streit Lending

Real EstateCalifornia, United States2-10 Employees

Based in Van Nuys, California, Streit Lending functions as the bridge and construction lending arm affiliated with the Streit Family, underwriting loans funded from the family's balance sheet and providing borrowers direct access to private capital. The firm concentrates on financing commercial and business-purpose residential properties across California and other major markets in the Western, Midwestern, and Southern United States, focusing on major metropolitan statistical areas. Loan sizes typically range from 1 million to 5 million, with a minimum of 300,000, and can be offered with up to 70% loan-to-value for one- to two-year terms. 

Interest rates begin at 7.99% for bridge loans and 8.99% for construction loans. The lender supports a variety of loan types, including purchases, refinancings, rehabs, bank turn-downs, discounted note payoffs, and ground-up construction. Backed by the Streit Family, Streit Lending emphasizes quick, transparent closings and seeks to minimize traditional financing delays by avoiding reliance on third-party capital, drawing on more than three decades of combined bridge lending and real estate investing experience.

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