Commercial Bridge Loans are ideal for properties that are not yet fully stabilized and more time is needed to be eligible for traditional financing. We can provide a short-term bridge loan while you work to get your property in order. During this time, we will work closely with you in preparing your exit strategy to secure long-term financing. Other times, borrowers who have been approved through their local back or financing institution may not be able to close for 3-4 months, during that time we can provide a short-term bridge loan which will be paid back when the senior loan closes, satisfying your immediate financial needs.
Property Types
- Multifamily
- Mixed use
- Office buildings
- Light industrial
- New construction
- Mobile home parks
- Self storage
- Warehouse
- Retail
- Specialty use
- Apartment complexes
- Condo conversions
Program Highlights
- Loans for vacant, non-stabilized, non-cash flowing properties
- Loans ranging from $500,000 to $85,000,000
- Purchase and refinance
- 12-24 month terms
- Investor and owner-occupied properties
- Non-recourse (recourse may facilitate better LTV and pricing)
- Up to 75% of stabilized value
- Up to 70% as is value
- Must have established track record of repositioning or managing commercial real estate and verifiable liquidity