Commercial Real Estate Bridge Loans
Speritas Capital Partners arranges creative commercial bridge loan solutions for a wide variety of commercial real estate projects.
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.
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.
(3) Advising you throughout the process until the closing.
Benefits & Features of Commercial Real Estate Bridge Loans
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
Questions? Call or text 203-247-4358
RECENTLY FUNDED Bridge Loans by Speritas Capital
Check out 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.
How Does Speritas Capital Help?
Because Speritas Capital is a debt advisory firm, we have access to a wide variety of Commercial Real Estate lending structures. We’re not beholden to any one lender or structure so we can use our creativity and experience to design a structure that truly fits the needs of our clients.
Questions for 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 with your questions about Commercial Real Estate Bridge Loans today.
Call or text Jeff Bardos, CEO
directly at 203-247-4358
or schedule a call with Jeff
