Why would a loan be syndicated between a private fund and a second co-lender?

Syndicating a loan lets a larger private fund take the majority position while a second co-lender fills the remaining balance, allowing a full loan amount to close even when a single fund's allocation limits or risk appetite cap its participation below the total request. This loan combined a $2,255,000 senior participation with a $430,000 co-lending position to reach the full $2,685,000 request.

What does financing two properties under one combined loan accomplish?

Combining two properties under a single loan lets a borrower cross-collateralize their equity across both assets, often unlocking more proceeds or better pricing than financing each property separately would allow. This loan closed against two Los Angeles properties simultaneously.

How does a broker demand work at the close of a private money loan?

A broker demand is the formal invoice a mortgage broker submits to escrow instructing the fee due for arranging the loan to be wired directly from loan proceeds at closing, ensuring the broker is paid concurrently with funding. This transaction closed through escrow with the broker's fee wired directly at the close of escrow.

Why do private lenders often move faster than banks on multi-property loans?

Private lenders underwrite primarily against real estate equity and a clear payoff plan rather than a full institutional credit and cash flow review, letting them close complex or multi-property requests in a fraction of the time a bank would need. This syndicated loan closed through escrow within about two weeks of the broker demand being issued.

Case Study: $2.685M Syndicated Bridge Loan for Two Los Angeles Properties

Deal at a Glance

Total Loan Amount	$2,685,000
Properties	Two properties financed together
Location	Los Angeles, California
Transaction	Syndicated bridge / private money loan
Senior Participation	$2,255,000, private lending fund
Co-Lending Participation	$430,000, direct co-lender
Closing Method	Escrow, with broker fee wired at close
Closed	Q1 2024

The Deal That Walked in the Door

We are Commercial Lending Solutions, a commercial mortgage brokerage based in Los Angeles, and this deal brought us a borrower who needed a combined $2,685,000 financed against two properties in the Los Angeles area at once. Rather than sizing the request to whatever a single lender's capacity or risk appetite could absorb, the goal was to get the full amount funded through one coordinated closing.

Getting a private lending fund and a direct co-lender to close together against two properties in a single escrow meant coordinating two separate capital sources onto one closing timeline rather than sequencing two independent loans.

Commercial Lending Solutions specializes in bridge loans and syndicated private money financing for owners of multiple properties across Los Angeles, CA and the surrounding Southern California market.

What Made It Hard

Syndicating the loan across two capital sources. With a $2,255,000 senior participation and a $430,000 co-lending piece needed to reach the full request, both pieces had to close simultaneously through the same escrow rather than as two separate transactions.
Financing two properties under one coordinated closing. Cross-collateralizing the borrower's equity across two separate Los Angeles properties added coordination on title, escrow, and lien positioning across both assets at once.
Moving on private-money timing. With the loan structured as private financing rather than a bank underwrite, the deal had to move through escrow and fund on a compressed timeline typical of private capital.

How We Ran the Process

Trevor Damyan, a California-licensed real estate broker (CA DRE #02244836), placed the syndicated loan combining a private lending fund's senior position with a direct co-lending participation, closing through escrow in early 2024:

$2,255,000 funded as the senior participation from the private lending fund
$430,000 funded as a direct co-lending participation to complete the full request
$2,685,000 total, secured against two properties in Los Angeles, closed through a single coordinated escrow
Broker fee paid directly at the close of escrow, wired from loan proceeds per the standard broker demand process

The loan closed with both capital sources funding together, giving the borrower the full amount requested against both properties in one transaction rather than piecing together separate financings.

"No single lender had to stretch on this one. Splitting it between a senior fund and a co-lender let both sides stay inside their comfort zone, and the borrower still got the full amount in one closing."
, Trevor Damyan, Commercial Lending Solutions

Why We Won This One

Structuring the loan as a syndicated participation, rather than trying to force one lender to fund the entire request, is what let this deal close at the size the borrower actually needed. Coordinating both capital sources onto the same escrow timeline, instead of sequencing two separate closings, kept the transaction moving on private-money speed rather than stretching it out.

Cross-collateralizing both properties under a single loan gave the lending group comfortable collateral coverage across the combined request, which is what made a syndicated structure workable in the first place.

Is This Structure Right for Your Deal?

If your financing need exceeds what a single private lender can fund alone, or you're looking to finance multiple properties together, we can help you structure a syndicated solution. We arrange bridge loans from a network of more than 1,000 capital sources.

Apply for financing or call us at 310.708.0690 to talk through your request.

This is one of 32 closings we have arranged in Los Angeles County. Read about how we work as a Los Angeles commercial mortgage broker, see our Los Angeles bridge loans, or browse all 46 California closed deals.

Trevor Damyan

Commercial Mortgage Broker, Commercial Lending Solutions | CA DRE 02244836

Trevor Damyan is a commercial mortgage broker at Commercial Lending Solutions with a background in structured finance at CBRE and Marcus and Millichap Capital Corporation. He specializes in bridge loans, construction financing, SBA programs, DSCR loans, and complex capital structures for investors and developers across all 50 states.

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