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