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Apr 15, 2026 8:00 AM

CrownGuard Capital Closes $22MM Bridge Loan for Acquisition & Development of Luxury Beach House in Southern California

LOS ANGELES, April 15, 2026 (GLOBE NEWSWIRE) -- CrownGuard Capital LLC, a direct balance sheet lender specializing in structured commercial real estate financing, is pleased to announce the successful closing of a $22,000,000 bridge loan to support the acquisition and development of a premier beach house property in Southern California.

The financing was executed under a 36-month term at a 10.79% interest rate, providing the borrower with flexible, short-term capital to complete the acquisition and implement a value-add business plan focused on enhancing the property's luxury appeal and guest experience.The transaction was driven by a time-sensitive opportunity, as the seller required an expedited closing to satisfy an existing loan payoff. Recognizing the ...