COMMERCIAL
BRIDGE LOANS

COMMERCIAL
BRIDGE LOANS
RESIDENTAL
BRIDGE LOANS
Acquisitions of
NOTES & PORTFOLIOS

COMMERCIAL
BRIDGE LOANS

Loan Size: $1,000,000 to $75,000,000
LTV/LTC: Up to 65% LTV of Appraised Value. For purchases the lesser of purchase price or appraised value
Interest Rate:
Multifamily
CRE Properties
8.99%
9.25%
Debt Service: Deal-by-deal basis
Terms: 1 - 3 years
Amortization: Interest Only
Recourse: Recourse and Non-recourse available at certain LTV's. All non-recourse loans will require a bad boy carve-out.
Prepayment: 6 Months Lock Up
Loan Purposes: Purchase, Refinance, Cash-Out and Repositioning of Assets
States:
Florida, New York, New Jersey
Origination Fee: Tipically 2% Subject to collateral and sponsorship
Underwriting Fee: Generally, underwriting fees are dependent on the deal size. Expense deposit must be adequate to cover third party reports, legal fees and other customary expenses.
Attributes: Quick closings; simple process, creative structure.
Documents for Submission:    Executive Summary with exit strategies in place
   Actual Income & Expenses
   Personal Financial Statement
   Credit Report
   Previous/ Current Appraisal (if available)
   Photos
   Previous/ Current Environmental (if available)
Other Products: We acquire all types of performing and non- performing commercial loans nationwide. Minimum loan size $250k, minimum deal size $3 million-max deal size $25 million, including pools of foreign national loans.


Transaction Type

  Opportunistic Acquisitions
  Quick Closing
  Rehab / Renovation
  Tenant Improvement
  Reposition
  Non-Stabilized Properties
  Discounted Payoffs



Property Type

  Multifamily
  Mixed-Use
  Retail
  Office
  Light Industrial
  Self-Storage
  Mobile Home Communities   Healthcare   Healthcare