$5M Reverse 1031 Bridge: Beverly Hills Luxury Residential
Beverly Hills, CA — Helvetica funded a $5 million bridge loan to facilitate a reverse 1031 exchange, letting the borrower close the upleg investment property before the sale of their downleg house in Beverly Hills had finalized.
The Scenario
The borrower was in escrow to sell a single-family home in Beverly Hills as the downleg of a 1031 exchange, but needed to close on a separate single-family investment property — the upleg — before that sale could complete. Conventional financing could not move fast enough to hold the exchange together.
The Helvetica Solution
Helvetica funded a $5 million bridge loan structured as a reverse 1031 exchange, providing the equity the borrower needed to close the upleg purchase. The borrower pledged a third single-family investment property as additional collateral — a Hollywood Hills residence that was at one time the home of Marilyn Monroe. The loan was sized at 50% of the appraised value across all three properties, with no prepayment penalty, allowing payoff once the downleg sale closed.
The Outcome
- Reverse 1031 exchange completed — upleg closed before downleg sale
- 50% blended LTV across three luxury single-family properties
- No appraisal required, no prepayment penalty
- Borrower planned to retire the bridge within 6 months at downleg close
- Established a repeat-business relationship with the submitting broker
Deal Highlights
- Luxury Residential
- No Appraisal
- No Prepayment Penalty
- Repeat Business
- 1031 Exchange (Reverse)
- Quick Closing
- Bridge Loan
- Broker Submission
Have a 1031 exchange deal?
Helvetica funds commercial and investment 1031 exchange bridge loans — including reverse exchanges — from $300K–$10M+ with closings in 7–21 days.
