Wilshire Finance Partners Closes $9.33MM Multifamily Bridge Loan for Off-Market Texas Acquisition

Wilshire Finance Partners, a leading private real estate lender and investment manager, announced the closing of a $9.33 million first lien bridge loan to support the purchase of an off-market multifamily property in Texas.

The borrower, an experienced multifamily owner and operator with a large existing portfolio, acquired the property through a private sale as part of a value-add investment strategy. The acquisition presented an opportunity to improve operations, enhance the asset, and create long-term value.

The transaction involved a complex acquisition structure and escrow-related complications, requiring a lender with the ability to remain engaged, work through challenges, and provide certainty of execution. Wilshire Finance Partners structured the bridge loan to support the purchase and help the borrower move forward with the acquisition.

“Complex transactions require more than capital. They require experience, communication, and a lender who understands how to work through challenges,” said Don Pelgrim, CEO of Wilshire Finance Partners. “This closing demonstrates our ability to support experienced operators with fast and flexible bridge financing.”

Wilshire’s bridge lending platform is designed to provide short-term financing for commercial real estate acquisitions, refinances, value-add strategies, transitional assets, and time-sensitive transactions. The firm works directly with borrowers, brokers, and real estate operators seeking flexible capital solutions for multifamily, senior housing, self-storage, mixed-use, and other commercial property types.

The $9.33 million Texas multifamily closing highlights Wilshire’s continued focus on relationship-driven lending and its ability to provide direct capital for experienced sponsors pursuing real estate opportunities that require speed, flexibility, and execution certainty.

For more information or to discuss a transaction, contact Wilshire Finance Partners at (866) 575-5070 or loans@wilshirefp.com.