At Socotra Capital, we understand that every minute counts for your time-sensitive scenarios. We have a proven track record closing real estate loans faster than anyone else. Call us now at 855-889-7626 if you have an urgent scenario. We set the highest standard for reliability and performance, which is why we are loved by brokers and borrowers alike.
Go beyond banking, and come find out why people chose us for their private financing needs. Socotra Capital provides fixed income that is secured by real estate. For investors looking to diversify beyond their typical stock and bond portfolio, hard money loan investing offers attractive risk-adjusted returns.
Go beyond banking, and come find out why people chose us for their private financing needs. Socotra Capital provides fixed income that is secured by real estate. For investors looking to diversify beyond their typical stock and bond portfolio, hard money loan investing offers attractive risk-adjusted returns.
Services
Socotra Capital is your approachable neighborhood lender with local roots and a national reach. We know that the first step toward achieving your real estate dreams is securing the necessary finances, and we are ready to help your dreams come to life. In an ever-changing financial marketplace, Socotra Capital is committed to serving the hard money needs of our borrowers throughout the country.
Coming to Socotra Capital in 2012 after an extensive career in sales with Mercedes-Benz and Volkswagen, Chris rose to become the Business Development Team Leader at Socotra Capital, as the top Loan Originator in San Francisco Bay Area and Northern California. Kerati Apilakvanichakit joined Socotra Capital in 2014 while graduating from the University of California, Davis with degrees in political science and economics.
If you're frustrated with traditional lenders who care more about credit scores and your past than about your current equity and vision, come to Socotra Capital. As an equity-based lender that prides itself on having local roots and national reach, we understand real estate markets all across the country, as well as your development goals.
As a direct lender, Socotra Capital can help get you the cash you need for your hard money, private money, or bridge loan needs within 10 days or less. Our equity-based loans are available in communities across the country, allowing you to secure funding-when a conventional loan isn't possible. Socotra Capital specializes in funding loans to borrowers with minimal underwriting, easier guidelines, and faster closing.
When you need a specialized approach for your transaction that you can't do through traditional avenues, Socotra Capital is the direct lending partner you can trust. We are a direct hard money lender with more than 1,500 loans closed totaling over $800,000,000. Our approval process allows you to make quick residential and commercial real estate deals happen when others cannot.
Reviews (22)
Musa Dankura Maisamari
Dec 13, 2021
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Tien Ha
May 11, 2021
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I did not have a good experience with Socotra. They took my deposit money and retraced all the terms and loan amount. which made the deal worser then my original lender. They dont give you a straight answer and drag their feet to set you in the position to accept their high interest rate and lower loan amount.
Ann S.
Apr 22, 2021
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Sengirlar Thao
Dec 11, 2020
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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.
Eric L.
Dec 09, 2020
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I. Am Jj Fox
Dec 03, 2020
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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
Oct 28, 2020
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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.
Dakin Ferris
Aug 23, 2020
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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
Arik Levy
Aug 11, 2020
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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.
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.
Jayne Williams
Aug 11, 2020
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Erik Sutton
Jun 16, 2020
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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.
Joan Schubert
Jun 16, 2020
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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.
Heather Anselmo
Jun 11, 2020
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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
George and Heather Anselmo
Phillip S.
Aug 20, 2018
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Hard Money Real Estate deals are tough. As a 20+ veteran finance consulting clients to obtain the hundreds of millions in funding they have historically needed, I can speak on such matter. Socotra came through for my associate and clients. I see these negative remarks on this Yelp site. What these negative remarks may be is simply an unrealistic expectation on how tough deals can be to close. Socotra is not in the traditional A credit kind of funding. They assist in overcoming concerns which your traditional funders simply cannot see a way to get around. Hence it is normal to see some "Black
Joseph P.
Aug 14, 2018
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Kerati is the person you want to speak with of you need "hard money" for a deal. His professionalism is unsurpassed, and I felt that we actually had an advocate for our request inside the company. Even though we could not get to a deal, I would start with him again if I was exploring hard money options. I give him a 5 for doing everything he could for us, for his great communication, and his client interface.
Jaleel H.
Mar 28, 2018
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Initially I thought this was a great lending company to partner up with. Come to find out THEY ARE SCAMMERS!!!
Stay AWAY!!!!
Chris Bauman and his supporting Socotra team are compete VULTURES!!
I placed a small business loan with them ($38k) which after fees, and deductions Socotra deem necessary my actual payout I received was only $21k. Yes, dumb on my part for accepting such a low payout on a high interest loan but since Chris verbally told me I was paying interest and principle I accepted and placed my monthly payments on auto pay and just moved on to running my business.
After 3 years
Stay AWAY!!!!
Chris Bauman and his supporting Socotra team are compete VULTURES!!
I placed a small business loan with them ($38k) which after fees, and deductions Socotra deem necessary my actual payout I received was only $21k. Yes, dumb on my part for accepting such a low payout on a high interest loan but since Chris verbally told me I was paying interest and principle I accepted and placed my monthly payments on auto pay and just moved on to running my business.
After 3 years
Moni R.
Nov 03, 2017
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If you're ever in the market for a hard money lender run from this place. Chris and Kerati do not communicate. Their there to close the loan (late at that) not for the customer service. If they screw up and not communicate something to you it's nothing to them. They know you need them and they take advantage of that fact. Unfortunately it doesn't stop after the loan closes. If you get Kerati ask for someone else he hasn't been in long enough and still needs a lot of training. Try Focus West. Straight up but get all your questions answered. Knows the business in and out.
V. F.
Jun 20, 2017
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Initially thought all was well. Then Chris Bauman's team refused to make the boilerplate contract version available for me to read over the weekend before signing. So I read the entire contract on signing day. There was a totally unacceptable clause giving them full title (not just the loan amount) to the property I was using as collateral for the financing to remodel my new house before moving in. The property value was far in excess of the money I was borrowing. The mortgage on the property I was using as collateral was fully paid, my credit score was 811 and I had no consumer debt
Mike M.
Jan 31, 2017
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Trying to find a mortgage company with fair rates and prices is hard enough, let alone finding one with people that are honest and hard working, errrrr!!!!. I feel that I hit the jack pot with Nicole Pomatto. She is amazing! She thoroughly explained all her companies products and procedures and did it in a way where I felt like I had some control in the process. Finally!!! She even took the time and consideration to call me on a Saturday (The Only Day I Have To Talk Uninterrupted). In all my years I have talked to many people that call themselves "mortgage professionals" but they all
Andrew E.
Jan 24, 2017
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Darrell D.
Jul 23, 2016
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Watch out for these sharks. They may not have your best interest in mind. Socotra acted like everything was fine until they all of a sudden wanted me to bring an additional $5K to the closing table AND pay for a bogus $22K mechanic's lien. They ended up NOT funding my high-equity, free-n-clear property towards the end of a long process. John Huhges does very well playing good cop bad cop. Always agreeing with me on everything and deferring all the bad stuff to "them" or "the underwriter" blah blah blah. They said a bogus lien had to be paid and I've had THREE escrow
Erik L.
Dec 21, 2013
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