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Southern California is a place of contrasts, where towering skyscrapers stand alongside picturesque beaches. The bustling metropolis of Los Angeles is home to some of the world’s most iconic skyscrapers, including the U.S. Bank Tower and the Wilshire Grand Center. These towering structures offer breathtaking views of the city and the surrounding area.

Just a short drive from the city, however, lies the sunny coastline of Southern California. The beaches here are famous for their soft sand and crystal clear waters, making them the perfect destination for a relaxing day in the sun. Whether you’re lounging on the beach or taking a dip in the ocean, the scenery is sure to take your breath away.

But Southern California is not only about the beaches and skyscrapers, The region is also home to a diverse array of culture, entertainment, and outdoor activities, making it a popular destination for tourists and locals alike. From visiting world-class museums and art galleries to hiking in the mountains, there’s always something to do in Southern California.

In summary, Southern California offers a unique mix of urban and natural beauty, with towering skyscrapers and idyllic beaches existing side by side. Whether you’re looking for a relaxing beach vacation or an action-packed city adventure, Southern California has something for everyone.

From the towering skyscrapers to the bustling streets, this city never stops moving. Despite the constant activity, there are still moments of serenity to be found among the hustle. A city known for its fast-paced lifestyle and endless entertainment options, allowing visitors to take in the stunning views of the city and the stars above.

The sandy beaches and crystal-clear waters provide a peaceful escape from the city’s hectic pace. The Venice Beach Boardwalk is a popular destination for locals and visitors alike, offering a glimpse into the laid-back lifestyle of Southern California. Whether it’s surfing the waves or simply soaking up the sun, the beach culture in Los Angeles is a unique experience that should not be missed.

The Santa Monica Pier is a historic landmark located in the city of Santa Monica, California. The pier is the end of Route 66 and a famous tourist destination, featuring an amusement park, an aquarium, several restaurants, and shops. The pier is built on pilings and extends out into the Pacific Ocean, providing great views of the ocean, beach, and the surrounding city.  The pier is also home to a number of events throughout the year, including concerts, festivals, and other cultural events that take place on the beach, boardwalk, and pier.

Santa Monica Beach is a popular beach located in the city of Santa Monica, California, just west of Los Angeles. The beach stretches for over three miles and is known for its wide, sandy shoreline and clean, clear waters. The beach also features a bike path, which runs along the beach and is popular with bicyclists, runners, and rollerbladers. The beach is surrounded by a wide promenade that is perfect for strolling and people watching, lined with palm trees, benches, and public art. 

Venice Beach is a popular beachfront neighborhood located in the city of Los Angeles, known for its lively atmosphere, unique architecture, and diverse community. The beach itself is a wide stretch of sand and surf, popular for swimming, sunbathing, and beach sports. The area is also known for its bohemian vibe and artistic community, with many galleries, studios, and street art on display. Venice Beach is a lively and unique destination that offers something for everyone.

Griffith Park is a large urban park located in the Los Angeles area, covering over 4,300 acres of land. It is one of the largest urban parks in North America and is a popular destination for both locals and visitors to the city. The park is home to many species of plants and animals, and is a great place to see native California flora and fauna. It also has a rich history, including the site of the original Griffith Park, which was donated to the city by Colonel Griffith J. Griffith in 1896.

A Los Angeles night skyscraper picture typically captures the vibrant and dynamic cityscape of LA at night. The picture is likely to showcase the tall and modern skyscrapers that dominate the city’s skyline, illuminated by bright lights and surrounded by the hustle and bustle of the city below. The night sky may also be a prominent feature of the picture, with the stars twinkling above the skyscrapers and adding to the overall feeling of energy and excitement that characterizes Los Angeles at night.

The Staples Center is a large indoor arena located in Los Angeles, California. It is the home of the Los Angeles Lakers and Los Angeles Clippers of the National Basketball Association (NBA), the Los Angeles Kings of the National Hockey League (NHL), and the Los Angeles Sparks of the Women’s National Basketball Association (WNBA).The arena is surrounded by a variety of shops, restaurants, and other attractions, making it a popular destination for visitors to the city.

Welcome to Prima Financial

WHO WE ARE

Since 1991, delivering utmost service and success to our clients, we understand and value your financial needs and goals.

At Prima Financial, we work hard to provide tailored “Turn-Key” solutions while making the porcess fast and easy without complicated procedures and endless paperwork of other funding sources.

Work with a partner who comes through for you when it matters most, with competitive rates, customized financing solutions, local decision-making, and a dedicated Property team.

Our Commercial Real Estate business unit works with owners, investors, and brokers, customizing loans on a direct or wholesale basis. Our product offerings include construction, term, and bridge loans. You’ll retain direct access to a dedicated Relationship Manager for the life of your loan and beyond.

OUR MISSION

Commercial Real Estate Lending

No mater how complex or simple your application might be, our consultants will find solutions to give you the best options possible.

SBA Lending

Whether your are looking to stat your business or expand your existing business, we have access to some of the industry top SBA government loans and programs.

Additional Capital Programs

We offer a wide range of lending services that banks just cannot offer.  Schedule a call with our consultants to learn more.

Commercial Property Types

  • Multi-Family
  • Mobile home parks
  • Industrial
  • Self-storage
  • Office & retail
  • Mixed-use

    We offer a broad spectrum of Commercial Real Estate loans

    Experienced bankers who understand complex transactions

    We are business people first, lenders second, and the consultants you need to get things done

    Income Property Banking

    Flexible Financing Options

    Prima Financial team of experienced Income Property Bankers have a thorough knowledge of today’s multi-family and commercial real estate marketplace.

    If you’re looking for permanent financing for a 5+ unit Apartment or other Commercial Real Estate Financing, our Income Property team can tailor the right solution to meet your business objectives.

    Construction, Bridge, and Specialty Financing

    Customized Financing Solutions to Fit Your Needs

    Prima Financial’s structured construction, bridge, and specialty financing group provides flexible solutions to publicly traded companies, private investors, developers, equity funds, and lenders that invest or provide financing for the real estate industry, through an array of lending and treasury management products. We offer facilities, loans, and lines of credit ranging from $3 million to $50 million for clients with significant operational sophistication, experience, equity backing, and the financial wherewithal to execute their business plan.

    • Construction lending
    • Bridge/rehabilitation loans
    • Lender financing
    • Acquisition lines of credit

    At Prima Financial, we specialize in:

    With our proven track record of success, we will find the best program that fits your financial needs.

     

    • Commercial Real Estate
    • Equipment Lease
    • Hotels
    • Practice Acquisition
    • SBA
    • Practice Set-Up
    • Acquisition
    • Project Finance
    • Business Term Loan & Business Line of Credit
    • Real Estate Development
    • Commercial Loans
    • Working Capital Loans

    Ready To Get Financing?

    Life Insurance Loan Highlights

     

    Eligible Properties:
    • Multifamily
    • Office
    • Warehouse/Industrial
    • Mixed Use
    • Retail
    • Medical/Healthcare
    • Self Storage
    • Hotel/Motel

    Loan amount range:
    Minimum $1,000,000
    Interest Rate:
    Fixed rates vary.
    Loan Term:
    5 to 30 year terms available
    Amortization:
    Up to 30 years
    Maximum LTV:
    70%
    Minimum DSCR
    1.25 – 1.35x
    Minimum Debt Yield:
    8-10%
    Recourse:
    Can be non-recourse, limited-recourse or full recourse.
    Prepayment:
    Typical yield maintenance fee, Break Funding or a Declining “step-down” premium

    Advantages of Life Insurance CRE Loans

     

    Life insurance commercial real estate loans have several advantages that make them attractive for properties that qualify:

    • Fixed Interest Rates: Competitive rates that don’t change for the 15 – 30 year terms of these loans.
    • Non-Recourse And Assumable: Providing individuals with protection and allowing the loan to transfer.
    • No Limit: Access to millions, as there isn’t an official upper limit to the amount borrowed.

    Disadvantages of Life Insurance CRE Loans

     

    Life insurance commercial real estate loans also have disadvantages that render them unable or undesirable when financing some properties:

    • Grade A: Often only available for newer properties in good repair, and not for properties outside of Class A investment grade.
    • LTV & DSCR: Some of the most conservative LTV and DSCR requirements for borrowers to meet.
    • Prepayment Penalties: Frequently have prepayment penalties and aren’t offered for shorter terms that would bypass these penalties.

    Available Loan Programs

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