Commercial Real Estate Bridge Loan

The Commercial Real Estate Bridge Loan helps the investor capitalize on both stable and unstable commercial investments through the use of flexible financing. Delivering common-sense lending solutions you need for commercial properties that require an opportunistic acquisition, stabilization, rehab or another unique scenario. Available in major markets nationwide and providing you with an opportunity to finance your project quickly and maximize your return-on-investment. Create a seamless exit strategy with Braxton and Company, an approved wholesale broker for a national conventional and conduit lender which can provide permanent financing upon stabilization. The bridge loan offers speed, flexibility and simplification.

 

 

Key Points

Up to 85% Loan To Cost

Non-Recourse Available

Foreign National Borrowers - Ok

ARM or Fixed Rate

Quick Closings

 

 

Terms

$1 million - $25 million +

LTC: up to 85%

LTV: up to 80%*

Rate: Fixed or ARM

Fixed: from 5.25%**

ARM: from 4.19%**

Index: 30 Day LIBOR + 4.00% - 7.00%

Term: 1-5 years

Amort: Interest Only or up to 30 years

DSCR: None: Full, Partial or Non-Cash Flowing Assets

PPP: Varies/Multiple Options

Advances: TI, LC and CapEx

Non-Recourse

 

 

Purpose

Acquisition

Refinance

Rehab/Renovation

 

 

Collateral

Condominium

Extended-stay Hotels

Hospitality

Industrial

Land

Manufacturing

Medical

Mixed-Use

Mobile Home Park

Multifamily

Office

Parking Garages

Retail

Self-Storage

Single Tenant

Specialty Use

Student Housing

Surface Parking Lots

Warehouse

 

 

Solutions for:

  • Opportunistic acquisitions
  • Construction loan take-outs
  • Discounted payoffs
  • Foreclosure purchases
  • Lease-ups
  • Non-stabilized properties without historic financials
  • Properties that do not cash flow
  • Refinancing maturing loans
  • Rehabilitation financing
  • Reposition of a property
  • Tenant improvement
  • Vacant buildings

 

 

*Higher leverage subordinate debt considered on case-by-case basis.
**Rate dependent upon term, leverage, amortization, and prepayment penalty