EBSC Lending Funds $17.9M Loan in Bel Air.
- E Penda.
- May 11, 2022
- 3 min read
Updated: Feb 3
BEL AIR, CA — EBSC Lending, a direct private lender, has successfully funded a $17.9 million bridge loan on a $19 million acquisition for a rare hilltop promontory property located in Bel Air, California. The financing was structured to bridge the borrower’s equity gap in conjunction with existing debt, enabling acquisition of one of the most unique residential sites in the Los Angeles market.
The property had not been publicly marketed for more than 40 years and features panoramic views spanning from Downtown Los Angeles to the Pacific Ocean.
Transaction Overview
The subject site is a highly coveted promontory lot in the heart of Bel Air, offering exceptional privacy, unobstructed sightlines, and long-term development potential. The property carries notable historical significance, having previously been owned by a family member associated with Fleetwood Mac, adding to its provenance within the luxury residential market.
The borrower plans to develop a 15,000-square-foot, state-of-the-art luxury estate, designed to maximize privacy, scale, and architectural presence. Upon completion, the finished residence is expected to achieve a sales price in excess of $30 million, positioning the project among the most valuable residential developments in the area.
EBSC Lending structured the financing to provide certainty of execution on a time-sensitive acquisition while supporting the borrower’s long-term development vision. The loan enabled the sponsor to close efficiently and secure a generational asset that rarely trades hands in the Bel Air market.
The development process is also expected to receive national exposure, with the Bravo TV production team planning to feature the project on an upcoming season of Million Dollar Listing Los Angeles, further underscoring the property’s significance and profile.
Market Context + What It Means
Ultra-high-net-worth residential development in Los Angeles continues to be driven by scarcity of land, zoning constraints, and demand for bespoke, privacy-oriented estates in premier enclaves such as Bel Air. Promontory lots with unobstructed views and long-term development flexibility represent some of the most valuable residential assets in the market.
Acquisitions of this nature often require asset-based bridge financing capable of addressing equity gaps, timing constraints, and complex capital stacks. Private lenders with the ability to underwrite unique collateral and execute quickly play a critical role in facilitating transactions that traditional financing sources are often unable to support.
By funding this acquisition, EBSC Lending enabled the borrower to secure a once-in-a-generation asset and move forward with a high-profile luxury development positioned for outsized value creation.
Frequently Asked Questions
What type of loan did EBSC Lending provide for this transaction?
EBSC Lending provided a $17.9 million asset-based bridge loan to support the acquisition of a premier Bel Air development site.
Why was bridge financing required?
The loan was structured to bridge an equity gap alongside existing debt, allowing the borrower to close efficiently on a rare, time-sensitive acquisition.
What is planned for the property?
The borrower plans to develop a 15,000-square-foot luxury estate, with projected resale value exceeding $30 million upon completion.
What types of residential projects does EBSC Lending finance?
EBSC Lending provides bridge, construction, and asset-based financing for luxury residential, multifamily, mixed-use, and commercial real estate projects nationwide.
Related EBSC Lending Financing Programs
EBSC Lending provides flexible private capital solutions across the United States, including:
Asset-Based Bridge Loans – Short-term financing secured by high-quality real estate assets
Luxury Residential Financing – Customized solutions for high-value residential acquisitions and developments
Construction Loans – Ground-up financing for complex residential and mixed-use projects
