Commercial BPO Reports...
For Quick Loan Fundings

It is common practice for small balance and private money lenders to rely on commercial BPO reports (Brokers Pricing Opinion) when providing small balance loans to borrowers.

The reason for the BPO report is to meet funding time constraints and costs.

The BPO is a fraction of the cost of commercial real estate appraisals and can be delivered to the lender within 24 - 48 hours.

We issue commercial BPO reports for properties in all cities of Los Angeles county. This is considered our backyard where we comfortably understand market pricing and trends in order to ensure our clients better accuracy in our BPO reports.

We do all commercial property types and multifamily only..

The lenders LTV (loan to value) are typically low and so are the loan amounts. The lenders deem these transactions to be low risk as compared to the larger commercial loans...hence, the popularity of the BPO report.

Unlike a full blown certified appraisal issued by a certified appraiser, the BPO report is only an opinion of the price of a property if it were being placed on the market for a sale. It is not a report that leads into the value of a property such as a certified appraisal would reflect.

The BPO report takes into account (when available) comparable sales of like-for-like properties, cost per square foot comparables or per unit comparables, lease comparables, capitalization rate comparables and gross rent multiplier (GRM) comparables.

This along with other economic and financial factors of the borrower is also taken into account by the lender.

sample multifamily BPO report

sample commercial BPO report

sample retail center BPO report

Important Note: We will make every attempt to produce a BPO report which will include all of our comparables criteria, however, the recent softening of the commercial markets and lack of property sales comparables may limit us in providing the lender with critical information in making loan decisions.


Disclosure: We are not certified appraisers and do not issue certified commercial real estate appraisals.