, Cervenka & Lukes
Cervenka & Lukes is a Pasadena, California, company that arranges bridge loans that meet the capital needs of investors seeking attractive yields. The firm’s debt investments are structured in ways that protect assets while providing creative and flexible bridge financing pathways for borrowers. Cervenka & Lukes’ track record as a third‐generation investment management firm includes achieving historical unlevered returns of between 8 and 10 percent. Cervenka & Lukes provides investors with separately managed accounts that put them directly on first trust deeds that are recorded and title-insured. In all, the firm has originated, funded, and managed more than 2,500 bridge loans. Real estate loans serviced over the years total more than $750 million. The company offers a number of advantages, including safety and the priority given to cash flows for its investors. When foreclosure does occur, 8 to 13 percent debt yields provide yet another level of protection for investors.