Deals Funded
Explore our successful hard money deals, and browse our latest customer testimonials.
Commercial Deals Funded
$9.2M for Hotel in San Fransisco's Bay Area
A group of borrowers—including hotel owners from California and Arizona, along with a doctor—acquired a hotel in the San Francisco Bay Area that had poor financials and was at risk of foreclosure. Socotra Capital provided a $9.2 million commercial bridge loan, enabling the purchase and allowing time for business improvements. The goal was to enhance the hotel's financial health to qualify for a subsequent bank loan.
- Location: San Mateo, CA
- Loan Type: Purchase
- Loan Amount: $9,200,000
The amazing team at Socotra Capital gives you all the help you need along the way. Big thanks to Xavier, Cory, and Tami for their time and patience. I strongly recommend this group for a quick close all the way through!
Fix-and-Flip Deals Funded
$858,000 for a Fix-and-Flip in the Oakland Hills
A repeat flipper client secured financing for the purchase and renovation of a single-family residence in the Oakland Hills. The project involved converting an unused basement into livable space. With a purchase price of $925,000 and a rehab budget of $219,000, the borrower had challenges obtaining bank financing for the rehab, making Socotra Capital's loan solution a critical asset for the project's success.
- Location: Oakland, CA
- Loan Type: Purchase
- Loan Amount: $858,000
Bridge to Permanent Deals Funded
$350K to Close on a 7-unit Apartment Complex
A real estate investor and their family, who own multiple commercial buildings, needed a quick solution to close on a 7-unit apartment complex. With the original bank unable to provide the $350,000 needed to finalize the purchase, Socotra Capital stepped in with a bridge loan to cover the shortfall, allowing them to close on time.
- Location: Sacramento, CA
- Loan Type: Refinance
- Loan Amount: $350,000
In the world of commercial real estate, having a trusted partner who can provide guidance and support throughout the transaction process can make all the difference. We will definitely look forward to engaging with Socotra Capital on future transactions.
Private Line of Credit Funded
$5.3M Line of Credit for a Multifamily Property
An experienced investor with a net worth over $20 million refinanced three free-and-clear commercial properties. The borrower needed cash to renovate a newly acquired multifamily property. Socotra Capital provided a $5.3 million line of credit with an initial draw of $3.5 million, catering to their unique financial situation where traditional bank loans were not an option.
- Location: North Bay, CA
- Loan Type: Refinance
- Loan Amount: $5,300,000
The team at Socotra understands that time is of the essence in real estate transactions. They will not bog you down in weeks (months?) of due diligence, reviews, and endless documentation. If speed and certainty of close is important to you, then Socotra Capital should be your lender.
Residential Rehab Deals Funded
$1.9M for a Mixed-Use Property
A Sacramento-based owner-user accountant was converting their office into a mixed-use property. Facing delays with permits, the borrower's original construction loan expired before the project was complete. To finish renovations and secure bank financing, they needed an additional $778,000. Socotra Capital provided the necessary funding to help complete the project.
- Location: Sacramento, CA
- Loan Type: Refinance
- Loan Amount: $1,900,000
Socotra Capital financed one of the commercial properties we acquired. The loan was approved in less than two weeks, and escrow was closed in less than three weeks after signing Sale and Purchase agreement. Everyone at Socotra was professional and diligent.
Socotra has two sides to their business: lending money out and investing money in. The team is extremely professional, manages expectations well, and does a great job of communicating. This is a stand-up team that provides great solutions on both sides. I highly recommend working with them.
Cash-Out Refinance Deals Funded
$1M to Optimize Amazon Storefront
A foreign investor with a successful business in China sought a cash-out refinance for a single-family residence in the U.S. The borrower was starting an Amazon storefront and needed $1 million to purchase wholesale goods and boost marketing efforts. Unable to secure traditional bank financing and lacking a FICO score, the borrower turned to Socotra Capital for the necessary funds to support their business expansion.
- Location: Great Falls, VA
- Loan Type: Refinance
- Loan Amount: $1,000,000
Great overall experience from a tight-knit, well-led, and extremely knowledgeable group of individuals. These guys work diligently to satisfy their clients with haste. Working with Mr. Apilakvanichakit was an absolute pleasure. I recommend him for any of your future endeavors regarding any of the services offered at Socotra.
Cannabis Property Deals Funded
$4,235,000 for a Cannabis Building in Denver
A large investment fund sought to purchase a 42,600 sq. ft. industrial cannabis building in Denver. The tenant, a licensed cannabis cultivator, faced restrictions from traditional banks, making Socotra Capital's specialized financing the perfect solution for securing this cash-flowing property.
- Location: Denver, CO
- Loan Type: Purchase
- Loan Amount: $4,235,000
Beyond the outstanding rates of return we’ve experienced, the team of Socotra professionals adheres to a strict and consistent investment philosophy that reduces variability compared to other hard money investment companies. Their communication with customers is amazing. They take time to really educate their investors.
We have been clients of Socotra for several years, and we are extremely satisfied with their service, results, and the professionalism they always exhibit. We highly recommend Socotra to potential new clients, and we have the utmost trust in Adham, Tony, Paul, and the entire Socotra crew!
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