LOS ANGELES PRIVATE MONEY LENDER ANNOUNCES FUNDING MILESTONE
Los Angeles, CA, February 23, 2021 – Brooktree Advisors proudly made public today that it has surpassed $100 million in total loans funded to date.
The private money lender has accomplished this milestone on the heels of raising additional capital in preparation for increased lending activity in 2021. Founded in 2018, Brooktree Fund has grown each year, attracting both investors looking for consistent returns and borrowers looking for reliable sources of funds.
“This funding milestone is one that we have been working towards and that I believe demonstrates our continued commitment to helping our clients reach their real estate and investment goals,” says Brooktree Fund managing director Alex Francis. “This milestone is the result of the dedication to customer service, expedited loan processing, and diligent underwriting that we stand for at Brooktree.”
The private money lender has reached this achievement during a year of unexpected and unprecedented challenges. The firm has continued to proactively adapt its lending terms and exposure to protect partner capital, ensure returns, and set borrowers up for success. “We take great pride that we have not had a single borrower default to date,” says Vice President William Clark. “We are invested in the success of our borrowers and only lend when we are confident in the positive outcome of the project.”
Going forward, Brooktree will continue to focus on providing expedited loans for non-owner-occupied real estate throughout California. Developers can continue to depend on Brooktree as a private money lender for commercial, industrial, residential, and land real estate in California. Loan types include acquisition, construction, refinance, and bridge loans for new development, fix and flip, and rehab among other project types.
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