🪜

Mezzanine Loans in Bakersfield, CA

Find lenders offering mezzanine loans in the Bakersfield, including Delano, Wasco, and surrounding areas. Compare rates, terms, and programs from 8 lenders.

Lenders
8
Typical Rate
10% - 18%
Down Payment
Reduces equity to 5-15% total
Term
1-7 years
Closing Time
30-60 days

Bakersfield Commercial Real Estate Market

Bakersfield's CRE market is uniquely tied to California's oil and gas industry, with Kern County producing roughly 70% of the state's crude oil output, supporting a network of industrial service companies and related office demand. The Rosedale Highway corridor in northwest Bakersfield is the primary commercial growth area with newer retail and office developments, while the Ming Avenue corridor and the California Avenue district near Bakersfield College serve as established commercial nodes. Industrial demand extends along Highway 99 and Lerdo Highway, where food processing, agriculture logistics, and energy services converge. The metro has attracted growing attention from logistics operators seeking affordable alternatives to the congested Inland Empire market.

Key Economic Drivers

  • Kern County oil and gas production and energy services companies (Chevron, Berry Petroleum)
  • Agricultural shipping, cold storage, and food processing (Grimmway Farms, Bolthouse Farms)
  • Meadows Field Airport and Highway 99 logistics corridor
  • Kern Medical Center and Adventist Health Bakersfield hospital campuses

Market Insight

Bakersfield offers some of the lowest commercial land costs among California metros, with industrial land pricing at a fraction of Inland Empire rates, making it increasingly attractive for build-to-suit distribution and food processing facilities.

Mezzanine Loans in Bakersfield, California

Mezzanine financing sits between senior debt and equity in the capital stack. It allows borrowers to increase leverage beyond what a first mortgage provides, reducing the equity needed for a deal. Secured by a pledge of the borrower's ownership interest rather than a lien on the property. In the Bakersfield metro area, borrowers can access 8 lenders offering Mezzanine financing, including Delano, Wasco, and surrounding areas. Loan amounts typically range from $1M to $100M with rates from 10% - 18%.

Who Should Consider Mezzanine Loans?

  • Reducing equity requirement
  • Large acquisitions
  • Development projects
  • Recapitalizations

Key Requirements

  • Strong sponsor track record
  • Viable business plan
  • Senior lender approval for subordinate debt
  • Adequate debt service coverage for total debt

Advantages

  • Reduce equity needed
  • No lien on property (pledge of ownership)
  • Flexible structures
  • Can be interest-only

Considerations

  • High interest rates
  • Subordinate position = higher risk
  • Requires senior lender approval
  • Complex documentation

Find Mezzanine Lenders in Bakersfield

Get matched with lenders offering mezzanine loans in the Bakersfield, CA area. Free for borrowers.

Get Matched — Free →