BRIDGE DEVELOPMENT LOANS
Offering short-term, senior position CRE bridge loans intended for value add transactions. These loans typically are available with one-three year terms and future funding facilities.
Loan Amount $5M-$100M
Interest Rate Starting 7.99%
Loan Term 12-36 months + Extensions
Amortization Interest Only
Security First Mortgage Lien or Deed of Trust
Loan-to-Value Up to 70% of As-Is Value
Loan-to-Cost Up to 75%
Origination/
Exit Fee 2-4%
Recourse Non-Recourse Available
Borrower/
Guarantor No min. liquidity re’d, asset-based loans only
Location Inner City Infil & Developed Suburbs Only
Loan Type Loans for entitled land, Predevelopment to Construction, Acquisition, Refi,
Cash Out, Purchase & Ground Lease
Geo Focus Nationwide & Canada