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Socotra Capital

4.9· 75 reviews
Average ratingExcellent
4.9/ 5

Based on 75 reviews

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bill benton
Reviews 1

This is a letter of acknowledgement of truly superior customer service from one of your Loan Servicing Agents, Miss Lauren Mondell. I have reached out to her several times because of our positive initial interaction. When I find a truly helpful person with a company, I try to get in touch with them if I have further inquiries. Lauren is one of these special persons.

I am a business person and frequently call companies for assistance. Being "old school", am totally frustrated by all the Push 1 for ..., then Push 3 for ..., etc. By the time I reach a human, I usually have to apologize for being in a confrontational place and ask for patience until I cool down.

This brings me back to Miss Mondell. First, she's patient and listens to my question. Then she answers directly. She doesn't jump off and spout some canned reply. She has proven to be very knowledgeable and has fielded a variety of questions over the past couple of years.

We sold the property, so won't be dealing with Socotra Capital any more. I must say, interacting with Socotra thru Ms Mondell was a breath of fresh air among my dealings by phone with numerous companies.

I wish Miss Mondell the best of luck in the future.

Bill Benton

Chad Allan
Reviews 1

Socotra Capital has consistently managed the loan investment portfolio to obtain positive returns for investers like myself. The asset management team are all local people and they have family who have invested in Socotra and they have always been upfront and candid about the loans they make that benefit investors. I have full confidence in Socotra Capital and I have continued to invest funds with them for years.
I am not related to any of the management team or any Socotra employees and my opinion is based on the very good investment returns they have obtained through their managment of Socotra Capital.
Chad Allan Schwartz

Scot Lieser
Reviews 1

Love this place ! Thank you Socotra for helping me with my investments. The people are all friendly and very competent. I was especially impressed with Kerati who made the process fast and enjoyable. I dont leave reviews of anything very often, but Id absolutely recommend Socotra

G P
Reviews 1

The worst lending organization I have ever dealt with. They lied to me about a loan and had a newbie, Nichole, work with me on a fixer loan, and she had JUST got her license. She tried to get escrow to hurry and get the purchase closed before the REO had even signed the contract. Obviously she did not know what she was doing. She and her sup hooked me in by saying I was approved for one amount (not putting it in writing to me) and came way down later on approval amount, but I would not have any funds to fix it up. She did this after I was in a non-refundable auction deal. I had to start all over with another lender and almost lost the deal because of her lies. Not only that, but she required I used one of their appraisers who ended up not appraising the home for as much as she verbally told me it will appraise for after seeing it. She had done the preliminary work on it also. I believe they work together on this. PS, I did find it in writing to the seller as far as an approval of the original amount. This company likes to do things verbally, so things are not in writing.

Heather Anselmo
Reviews 1

We have been investors with Socotra Capital for two years. Helen Nguyen has been our "go-to" person from the very beginning. She has been knowledgeable, personable, and always eager to reach out and help in every way. We feel she would be an asset and great team player for any company. Thank you Helen for being a good friend and help to us!

George and Heather Anselmo

Dakin Ferris
Reviews 1

This is not a 5-star review. This is a TEN-star review that I also want to keep private because I truly don't want other people to learn about Socotra! I've invested with them for 4 or so years now, both for an individual deal and in their fund. They are extraordinary in every category. To a person they are smart, personable, and scrupulously honest. They have tremendous business smarts. They run their business with compassion. And their returns speak for themselves! To go through a pandemic and (so far) not even have a notable hiccup is pretty extraordinary. Socotra is literally my favorite and most stable investment of all time. I'm happy to talk with anyone considering investing with them.

Arik Levy
Reviews 1

Socotra has two sides to their business; lending money out and investing money in. I have never borrowed money from Socotra but have invested in their fund for a while. Having tried to do hard money loans myself, I realized the risk and complexity of these deal. Socotra manages those processes and risks, making it a great way to get into hard money lending without the headaches.

The team is extremely professional, manages expectations well and does a great job of communications. This is a stand up team, provide a great solutions on both sides. I highly recommend working with them.

Hecarim
Reviews 1

An awesome internship as a college student where we were able to get 1:1 coaching about the sales and real estate industry and develop skillsets to jumpstart your career. Everyone is a team player at Socotra and wants to see you succeed your success is everyone s success. Work hours are flexible, colleagues are fun to work with, tasks can be challenging at first but gets easier as you learn, continuous learning environment, and ability to network with people in the industry. Did I mention free food??

Jayne Williams
Reviews 1

We have been clients of Socotra for several years, and we are extremely satisfied with their service, results, and the professionalism they always exhibit. We highly recommend Socotra to potential new clients, and we have the utmost trust in Adham, Tony and Paul and the entire Socotra crew!

Randy Getz
Reviews 1

My wife and I have been long-term investors with Socotra Capital and have only salutary comments about its professional operations, high-quality personnel and the transparency with which they run their business. I would unqualifiedly recommend Socotra for anyone seeking a prudent, conservative, detail-oriented investment partner.

Lauren Fraser
Reviews 1

Matt Yu and his team are life savers! I m a real estate agent and was representing a Seller when I had the pleasure of working with Matt. The lender the Buyer was originally working with was unable to close the loan after repeatedly assuring all parties involved that it wouldn t be a problem. Fast forward 50 days, the Buyers were in jeopardy of losing $48,000 due to their original lenders poor guidance and were introduced to Matt. Within 7 days of meeting Matt, he got the loan closed. He did everything he promised and provided multiple updates daily. I highly suggest Matt and welcome the next opportunity to work with him!

Erik Sutton
Reviews 1

Great overall experience from a tight knit, well lead and extremely knowledgeable group of individuals. These guys work diligently to satisfy their clients with haste. Working with Mr. Apilakvanichakit was an absolute pleasure, I recommend him for any of your future endeavors regarding any of the services offered at Socotra.

I AM JJ Fox
Reviews 1

An unbelievable professional company. The staff is first class and very knowledgeable about their investments. I have now switched most of my investments to Socotra due to the success and solid return on investments I have received since I became a client. A great company that you can count on for solid income growth and consistency in performance. The staff always keep you well informed and respond with customer service questions promptly. I look forward to many years as a client with Socotra Capitol. A company that makes investing fun!

Tom Taylor
Reviews 1

We ve been Socotra investors for 11 years and couldn t be more pleased with our relationship with this company. Beyond the outstanding rates of returns we ve experienced, the team of Socotra professionals adhere to a strict and consistent investment philosophy that reduces variability compared to other hard money investment companies. Their communication with customers is amazing. They take time to really educate their investors. It may sound corny, but as an investor you feel like you re part of the Socotra family.

abraham musallam
Reviews 1

I was referred to Socotra Capital by a friend who has used them a number of times for investment properties, and this company is the best hands down.

All of their employees are very knowledgeable and accommodating, I had the pleasure of working with Kerati A., and he really knows his stuff. I most appreciated how available he was to answer questions, execute paperwork, and his close involvement, every step of the way. He routinely answered emails and phone calls, both on weekends and late nights! He went above and beyond to ensure I was filled in on the backend and was satisfied with the terms presented.

Thank you Kerati and the entire Socotra Capital Team! You are all a pleasure to work with.

John Brunolli
Reviews 1

Lauren Mondell is awesome to work with. She provides me excellent customer service that has exceeded my expectations. She is always pleasant and extremely timely with any information I need. I have worked with her for several years now and I can count on her when I need anything related to my loan. I can provide the highest recommendation for Lauren as well as Socotra Capital.

Sengirlar Thao
Reviews 1

Socotra is a real estate investment company dealing mainly with commercial property and a select number of investors. Worked here temporarily as a mgmt consultant. Great team and work family environment. Senior leadership treats everyone like family. Good incentives for hardworking individuals. For self motivating starters there's room to move up with proven work accomplishments.

Joan Schubert
Reviews 1

I ve been lucky enough to have been working with Socotra for almost 10 years now. They are an incredibly communicative and well thought out team. I receive personal phone calls about both my current and potential investments on a regular basis alongside my statements. I ve been exceedingly happy with my investments here as well as with my returns.

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About Socotra Capital

Real estate investors and corporations in California know they can count on Sacramento's Socotra Capital to provide hard money loans.

Socotra Capital: Your Trusted Partner for Hard Money Loans in California

Real estate investment is a lucrative business, but it requires a significant amount of capital to get started. Traditional lenders like banks and credit unions may not always be willing to provide the necessary funds, especially if you have a less-than-perfect credit score or need the money quickly. That's where hard money loans come in.

If you're looking for a reliable hard money lender in California, look no further than Socotra Capital. Based in Sacramento, we specialize in providing fast and flexible financing solutions to real estate investors and corporations throughout the state.

Who We Are

Socotra Capital was founded by experienced real estate investors who understand the challenges of securing funding for investment properties. Our team has over 60 years of combined experience in real estate investing, lending, and construction management.

We are committed to helping our clients achieve their financial goals by providing them with customized loan solutions that meet their unique needs. Whether you're looking to purchase a fix-and-flip property or need funds for a commercial development project, we can help.

What We Do

At Socotra Capital, we offer a wide range of hard money loan programs designed to meet the diverse needs of our clients. Our loan programs include:

- Fix-and-flip loans: These loans are designed for investors who buy distressed properties with the intention of renovating them and selling them quickly.

- Bridge loans: These short-term loans are ideal for borrowers who need quick access to capital while they wait for long-term financing.

- Construction loans: If you're planning on building or renovating a property from scratch, our construction loan program can provide you with the necessary funds.

- Commercial loans: We offer financing solutions for commercial properties such as office buildings, retail spaces, and industrial warehouses.

Why Choose Us?

There are many reasons why real estate investors and corporations choose Socotra Capital as their preferred hard money lender:

1) Fast approval process - Unlike traditional lenders that may take weeks or even months to approve your application, we can provide funding within days.

2) Flexible terms - We understand that every borrower has unique needs when it comes to financing. That's why we offer flexible terms tailored specifically to your situation.

3) Competitive rates - Our rates are competitive with other hard money lenders in California.

4) Experienced team - Our team consists of seasoned professionals who have extensive experience in real estate investing and lending.

5) Excellent customer service - At Socotra Capital, we pride ourselves on providing exceptional customer service throughout the entire lending process. From application to closing, we'll be there every step of the way.

Conclusion

If you're looking for fast and flexible financing solutions for your next real estate investment project in California, look no further than Socotra Capital. With our extensive experience in real estate investing and lending coupled with our commitment to excellent customer service, we're confident that we can help you achieve your financial goals. Contact us today to learn more about our loan programs!

Address
2208 29th street
Categories
Real estate