Business Details
47 Years
experience
Your Trusted Partner for California Commercial Real Estate Loans
First Commercial has been a trusted name in commercial real estate lending since 1979. Founded by a family of experienced real estate investors, we operate as a direct portfolio lender focused on equity-based, non-consumer lending secured by first Trust Deeds and Notes on California real estate. Our unique approach avoids fractionalizing or pooling loans, ensuring each loan is backed by a single investor. This structure eliminates complex compliance layers, allowing us to deliver quotes within one day and close in as little as five days.Licensed by the California Department of Real Estate (DRE #01188972), we prioritize speed, transparency, and competitive pricing. Our expertise spans retail, office, industrial, multifamily, and specialty properties, including mobile home parks and wineries. We maintain a commitment to reliability, with no upfront fees and costs paid from loan proceeds. As a division of Altod Corporation (C0911396), we combine decades of experience with a client-centric approach to meet the evolving needs of borrowers.
Services
Retail Loans
Office Loans
Industrial Loans
Multifamily Loans
Mobile Home Parks
Wineries
Vineyards
Leased Yard Space
Used Car Lots
Details
- Year established: 1979
Highlights and features
- We offer equity-based loans secured by first Trust Deeds with no upfront fees.
- Our unique structure ensures fast closures in as little as five days.
- Licensed by the California Department of Real Estate since 1979.
- Rates start as low as 9% with transparent cost breakdowns.
- We specialize in niche properties like mobile home parks and wineries.
Associations and certifications
- California Department of Real Estate (DRE) License #01188972
Services
Commercial Real Estate Loans
We provide equity-based loans secured by California commercial real estate, including retail, office, and industrial properties. Our loans prioritize speed and transparency, with rates starting at 9% and terms up to five years. Borrowers benefit from a streamlined process with no upfront fees.
Multifamily Loans
Specialized financing for multifamily properties and mobile home parks. We offer competitive rates and flexible terms tailored to non-consumer borrowers, ensuring quick approvals and closures backed by first Trust Deeds.
Wineries & Vineyards Loans
Customized lending solutions for wineries, vineyards, and specialty agricultural properties. Our equity-based approach focuses on asset value, with transparent costs and rapid processing times to meet unique industry needs.
Used Car Lot Loans
Financing for used car lots and leased yard spaces, secured by real estate equity. We deliver fast approvals and competitive rates, avoiding complex compliance structures to ensure efficient transactions.
Quick-Close Loans
Our streamlined process enables closures in as little as five days, leveraging a single-investor model that eliminates fractionalized lending delays while maintaining competitive pricing and transparency.
Questions
What types of properties do you finance?
We finance retail, office, industrial, multifamily, mobile home parks, wineries, vineyards, leased yard spaces, and used car lots across California.
What are your current interest rates?
Our rates start as low as 9.0%, varying based on loan-to-value and borrower qualifications.
How quickly can you close a loan?
We typically close loans in as little as five days with a streamlined approval process.
Are there upfront fees?
No, we never charge upfront fees. Costs are paid from loan proceeds at closing.
Are you licensed in California?
Yes, we are licensed by the California Department of Real Estate (DRE #01188972).
