Friday, March 7, 2014

Loan Oak Fund Closes Record Year with $378 Million in Loans; Projects Bridge Lending Growth in 2014



Alexa Mizrahi
LOS ANGELES, CA – Lone Oak Fund, LLC, a private mortgage fund specializing in short term loans on commercial and residential properties throughout California, has announced the close of its highest-volume year in company history.

According to Alexa Mizrahi of Lone Oak Fund, the fund closed 844 loans in 2013, totaling $378,098,000, an 8.67% increase over the prior year’s total.

Since its inception in 2003, Lone Oak has closed nearly 2,900 loans, amounting to over $1.8 billion. 

Lone Oak attributes its rapid growth to working closely with the brokerage community, as well as cooperating frequently with junior trust deed lenders, according to Mizrahi.

“In ten years, we have become one of the most active private money lenders in California,” Mizrahi says. “We provide a crucial financing solution to real estate investors, developers, and foreign nationals.”

Lone Oak expects even greater growth in 2014, with a projected loan volume in excess of $400,000,000. According to Mizrahi, Lone Oak anticipates that this year, in addition to non-owner occupied residential properties, a larger percentage of loans will come from apartment, industrial, and retail properties.

“Investors are more confident with the market and are aggressively acquiring and repositioning properties,” says Mizrahi. “We are experiencing a major upturn in business because our proven ability to close quickly enables borrowers to take advantage of these opportunities.”


Lone Oak manages its own fund, providing flexibility and alternative solutions that work best for its borrowers, according to Mizrahi.  The firm specializes in short term loans with no prepayment penalties, and typically closes its loans within a week or less.

Lone Oak Fund provides refinance loans and acquisition financing on non-owner occupied residential, multifamily, retail, office, and industrial properties, as well as vacant buildings and entitled land.

 For a complete copy of the company’s news release, please contact:

Jenn Quader or Amanda Alenick
Brower, Miller & Cole
(949) 955-7940



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