Last updated August 2026.

Northern Ridge Capital is a commercial real estate debt brokerage placing $5M–$30M in financing on multifamily, retail, and industrial properties, plus SBA 7(a) loans. We are a broker, not a lender: every deal runs through a network of 700+ lenders that compete on structure and pricing, and a typical engagement closes in 15 to 30 days. The firm works nationally within its licensed footprint, with a focus on California, Texas, Florida, Georgia, and Indiana, and is based in Southern California.

What Northern Ridge Capital does

One thing: commercial real estate debt for middle-market sponsors. A borrower with a $5M to $30M deal is too big for the local bank that knows their name and too small for the institutional shops that chase $50M+ mandates, so they usually end up taking the one quote a single lender offers. Our job is to make that market compete instead. We underwrite the deal the way a credit committee will read it, take the same file to the banks, debt funds, agencies, and private capital groups that actually want that asset type, and let them bid. The borrower sees the market, not one lender's appetite.

Most of the work is time-sensitive: bridge loans on a 15-to-30-day clock, auction purchases with a contractual close date, maturing loans a bank declined to renew, and SBA 7(a) deals for owner-operators. The footprint is laid out in markets we serve.

What we don't do

We don't lend our own money, so we have no book to protect and no reason to steer a deal anywhere but the best terms. We don't touch residential. And we don't charge for looking: an initial deal read costs nothing.

Who runs Northern Ridge Capital

Justin Ashcraft is the Principal and a licensed commercial mortgage broker (CA DRE #02093377). Before founding the firm he spent his career on the other side of the table, and he brings $600M+ in deal experience across underwriting and brokerage to every file. That underwriting background is the working edge: a loan package built the way lenders actually read one gets answered faster and priced better.

How the work actually gets done

• The anatomy of a winning loan package — what a credit committee reads first, and what it skips.
• Underwriting like a lender — the stress tests your file has to survive before anyone quotes it.
• The silent deal killer — what borrowers miss in capital stack planning.
• Unpacking the loan broker process — what a broker does between your call and a term sheet.
• How to win over debt funds and non-bank lenders — what non-bank capital wants that a bank does not.

The facts, in one place

Northern Ridge Capital is a licensed commercial mortgage broker (CA DRE #02093377), not a lender, and arranges financing on commercial real estate only. For informational purposes only; not financial, legal, or tax advice. Full disclosures.