Commercial Real Estate Bridge Loans

Commercial Real Estate Bridge Loans

Large hotel complex being built thanks to a Commercial Real Estate Bridge Loan

Speritas Capital Partners arranges creative commercial bridge loan solutions for a wide variety of commercial real estate projects.

We add value by: (1) working with you to understand the costs, sources and uses of funds and the cash flow projections; (2) introducing you to the right lender – a lender that fits your situation; and (3) advising you throughout the process until the closing. 

Speritas Capital has relationships with a wide range of nonbank and traditional lenders. We can arrange raw land loans, horizontal and vertical construction, 1-4 family and multi-family loans. Senior and mezz debt are available.

Commercial Real Estate Bridge Loans Feature:

  • Loan amounts from $500,000 to $50MM+ (no hard maximum)
  • Maturities typically 1-3 years
  • Up to 80% of the total cost of acquisition and renovation, depending on property type
  • Interest only
  • Minimal prepayment penalties (usually 3-month minimum interest required)
  • Non-recourse and partial recourse
  • Mezzanine or junior debt available
  • Property types: multifamily, mixed use, office, light industrial, self-storage, retail centers, hospitality, apartment complexes, warehouses, shopping malls, entitled and undeveloped land

Purposes for Commercial Real Estate Bridge Loans

Bridge loans can be a solution for a variety of financing needs, such as:

  • Purchase of non-cash flowing properties including raw land
  • Horizontal construction
  • Vertical construction
  • Construction completion
  • Temporary financing to reposition or rehab a property
  • Obtaining funds to fix and flip a commercial property
  • Buying time for a property to stabilize
  • Cash-out refinancing
  • Discounted payoffs
  • Closings as fast as 10 days

View more of our RECENTLY FUNDED deals.

Strategic Use of  BRIDGE LOANS

Let’s take a minute to talk about the various ways to use bridge loans – as they are often underutilized as a strategic solution in times of financial stress.

Bridge loans are designed for transitional funding needs such as a business restructuring, construction or property stabilization. The interest rates on bridge loans are generally higher than traditional, long-term real estate financing.

Bridge lenders take more risk since the property tends to have limited cash flow. Thus, the higher cost. For a bridge loan, the lender is mainly concerned with the market value of the property and the borrower’s ability to complete the project, but lenders also need to understand the company’s ability to repay.

Bridge loans are typically for 1-3 year maturities and the borrower only makes interest payments until maturity, with limited penalties for prepaying earlier.

The vast majority of bridge lenders are private, nonbank lenders. The higher risk usually involved in a bridge loan makes them unsuitable for most traditional lenders.

RECENTLY FUNDED Bridge Loan

$3MM Commercial Real Estate Bridge Loan for Owner-User Industrial Packaging Company

RECENTLY FUNDED Construction Completion Bridge

An experienced CT developer finances the completion of her luxury project in time for spring market – in just 10 days.

Contact Us

You need a strategic, cost effective solution to your financing needs and a financing advisor you can trust. And one who never takes upfront fees. Let us put our decades of banking and structuring experience to work for you – email Speritas Capital Partners about commercial bridge loans today.

Call/text Jeff Bardos, CEO
directly at 203-247-4358
Schedule a call