Loan amount
$100K-$3.5M
Loan-to-value (LTV)
75%
Required credit score
None
Required deal experience
None
Rates
8.9% - 13.9%
Fees
2.5% to 4%
Address
4811 Chippendale Drive, Suite 101, Sacramento, CA, 95841
About
Blackburne & Sons Realty Capital Corporation is a $50 million hard money commercial lending company, founded in 1980. We syndicate the investment funds of about 900 accredited, private investors and use these funds to make permanent first mortgage loans on standing commercial properties. The company currently services approximately 250 commercial first mortgage loans totaling approximately $50 million. The company has a dozen employees in two offices. The main office is in Sacramento, California. The company has a branch office in Plymouth, Indiana. The company is owned by its original founder, George Blackburne, III, an attorney licensed in California and Indiana. Mr. Blackburne moved to Indiana nine years ago to send his two sons to his alma mater, the well-respected preparatory school, Culver Military Academy. Both George IV and Tommy successfully graduated from Culver Military Academy. George IV went on to graduate with a degree in business from Ohio State University in 2008. To his proud father's great joy, young George has now joined the company. Tommy graduated Purdue University and joined the family company in the Fall of 2010.
States
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