Lone Oak Fund

The Broker’s Lender

Who We Are

Lone Oak Fund, LLC is a direct portfolio lender founded by experienced real estate developers. Since its inception in 2003, Lone Oak Fund has focused on short term bridge loans, secured only by first trust deeds on California real estate. By maintaining a specialized niche and preserving the integrity upon which it was founded, Lone Oak Fund has established a reputation for being reliable, efficient and fair. With the increasing demand for private money, Lone Oak Fund has grown to be one of the largest private bridge lenders in California.

NEW INSTITUTIONAL BRIDGE PROGRAM

5.90% for loans $10M – $50M

GENERAL LENDING PARAMETERS

INTEREST RATES 7.90% – 8.90% interest only
LOAN TO VALUE Up to 60% LTV
LOAN AMOUNTS $1,000,000 – $50,000,000
ORIGINATION FEE 0.50 – 2.0 points, depending on loan size and length of the term
EVALUATION/
PROCESSING FEE
$500 – $1,500, depending on location
LOAN MATURITIES 1 to 24 months (extensions available)
LOCATION California Only
TYPES OF LOANS Acquisition, Refinance and Cash-Out
TYPES OF PROPERTIES Non-owner occupied residential, multifamily, retail, office, industrial, vacant buildings and entitled land
LIEN POSITION First Trust Deeds Only
PERSONAL GUARANTY Not Required
PREPAYMENT PENALTY / YIELD MAINTENANCE None

CONTACTS

FOUNDERS

Gerald Ducot

James Rothstein

INVESTOR RELATIONS

Lisa Irmas

LOAN DEPARTMENT

Johanna Traynor

Alexa Mizrahi

Therese Charkut

Heather Barrie Finn

Tyler Hereford

Justyna Fatyga

Jillian Salam

Allison Schelin

RECENT TRANSACTIONS

Santa Barbara Cross

Loan Amount $2,000,000 Transaction Acquisition and Cash Out Refinance Collateral An ocean-front SFR cross collateralized with an apartment building Location Santa Barbara, California Purpose of [...]

Sacramento Apartments

Loan Amount $10,000,000 Transaction Refinance Collateral Two apartment buildings with a total of 182-units Location Sacramento, California Purpose of Loan Refinance Exit Strategy Refinance with [...]