Bridge
Advantages of our Bridge Loans
- Short terms less than one year (with two 6-month extensions) available to give borrowers greater optionality
- No fixed costs of securitization, savings passed on to borrower in form of lower rates and deal costs
- Earnouts and other types of future funding available
- Prepayable subject to minimum interest
- Closing cost discount for longer term refinances executed with Lender
- Lender is your asset manager for life of the loan
- Lender, not securitization structure, controls prepayment hence unique ability to have discussions on altered property situations
- Lower deposits and closing expenses

Product
Bridge
Loan Purpose
Acquisitions, refinances, cash-in recapitalizations, transitional, value add, event-driven
Property Status
Transitional, event-driven
Additional Structuring
Earnouts, event-driven rate burn downs, future funding
Loan Amount
$5-$30 million, larger portfolio loans case by case
Term
1-3 Years, 2 x 1 yr extentions.
Ultra Short: Less than 1Yr, 2 x 6 month extentions.
Loan-to-Value
Up to 80% LTC (stretch loans on a case-by-case basis)
Debt Yield
Min: 4% (exceptions on a case-by-case basis)
Fees
0.50% origination fee / no exit fees / 0.25% extension fee
Fixed Rate Refinance
Credit of up to $10,000 on refinance executed with Lender
Amortization
Interest only
Prepayments
Minimum interest equal to initial term less 3 months
Recourse
Non recourse, with standard carveout provisions
Property types
Multifamily, industrial, self-storage, office, student housing, essential retail