https://padlet.com/CervenkaAndLukes/About In business for 60 years, Cervenka & Lukes has been family owned and operated for three generations. From its headquarters in Pasadena, it supports investments, loans, and business finance throughout the state of California. Cervenka & Lukes has operated under the direction of its current managing partners since 1978. Serving as the chief financial officer of the firm, managing partner Jay W. Cervenka also holds a seat on the investment committee. Mr. Cervenka has lived in the San Marino area for more than half a century. His administrative duties with the firm encompass all areas of credit management, capital formation, investor partnerships, tax planning, regulatory compliance, and financial forecasting. Managing partner John R. Lukes chairs the firm's investment committee. In that capacity, he manages the firm's portfolio of investments in real estate bridge debt and, in addition, handles administrative functions ranging from due diligence research and capital formation to investor relations and loan servicing. en-us 2017-04-01 06:53:21 UTC 2017-08-10 12:58:10 UTC hello@padlet.com CervenkaAndLukes https://padlet.com/CervenkaAndLukes/About/wish/174685263 2017-05-31 18:35:43 UTC https://padlet.com/CervenkaAndLukes/About/wish/174685263 CervenkaAndLukes https://padlet.com/CervenkaAndLukes/About/wish/175462898 2017-06-06 21:03:43 UTC https://padlet.com/CervenkaAndLukes/About/wish/175462898 CervenkaAndLukes https://padlet.com/CervenkaAndLukes/About/wish/175462916 2017-06-06 21:04:01 UTC https://padlet.com/CervenkaAndLukes/About/wish/175462916 CervenkaAndLukes https://padlet.com/CervenkaAndLukes/About/wish/175462946 2017-06-06 21:04:24 UTC https://padlet.com/CervenkaAndLukes/About/wish/175462946 CervenkaAndLukes https://padlet.com/CervenkaAndLukes/About/wish/180599557 Based in Pasadena, California, Cervenka & Lukes is a lender operating on a simple principle: offer quality service to both investors and borrowers while operating with integrity and a dedication to hard work. In business for more than 60 years, Cervenka & Lukes offers bridge loans to support real estate projects.

Bridge loans secure short-term financing for companies and individuals in need of cash flow. Usually, this financing allows users to meet their immediate monetary needs as they wait for long term financing from a different source. 

Because bridge loans are needed to meet current obligations, their application processes and term periods are much shorter than with traditional loans. Subsequently, their application and processing fees tend to be somewhat higher. 

Bridge loans are extremely flexible, and can be customized for different client needs. Startups utilize bridge loans when they are waiting for long term financing from equity investors, but need cash flow to meet their immediate payroll, utilities, and rent expenses. Companies turn to bridge loans when they want to complete a transaction but long term financing is delayed for one reason or another. And individual homeowners often turn to bridge loans when they want to purchase a new home while waiting to sell an old home.]]> 2017-08-10 12:57:42 UTC https://padlet.com/CervenkaAndLukes/About/wish/180599557