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Blackburne & Sons

Sacramento, CA·Founded 1980·Nationwide
Visit website ↗1789000863
Blackburne & Sons Realty Capital Corporation is a $50 million hard money commercial lending company which was founded in 1980. We specialize in nationwide financing for standing commercial properties, $100K to $3M. Our commercial real estate loans typically have a 15 year term and almost never have a prepayment penalty or a lock-out clause. We fund commercial property loans that are not quite clean enough for a bank.
Blackburne & Sons describing itself

Loan programs

Offers— no published terms
Commercial

Terms & qualification

Typical loan size
$100K – $3M
Typical term
3 mo – 15 mo
Interest rate
8.9% – 11.9%
Origination / points
2% to 4%
Lien position
1st
Prepayment penalty
no
Payment structure
Amortized
Recourse
Sometimes
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Credit Report, Tax Returns, Financial Statements, Loan Application, Appraisal Required for Commercial Property, Always, Broker Price Opinion (BPO) Accepted for Commercial Property, Always
Borrower entity
Individual(s), LLC, Limited Partnership, Trust, Corporation, Self-Directed IRA

Lending footprint

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Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.