Bridge Loans - Acquisitions & Rehabilitation Funding
Bridge loans for the acquisition and rehabilitation of commercial or multifamily residential real estate is a fairly simple process when the correct funding partners are involved. Understanding the intricacies of how to present the bridge loan opportunity to the bride loan lender is key to funding success.
Popular bridge loan products in today's market include commercial loans for office building acquisition and repositioning as well as loans for apartment buildings and multifamily residential building acquisition and repositioning.
The most successful projects with the highest loan to value ratios in today's market are for multifamily projects. Investors are getting loan to value ratios as high as 80% when the bridge lender can also complete the long-term senior debt financing for the take out and repayment of the bridge loan.
These popular programs are expanding as the U.S. economy continues to improve and high LTV programs should become available for other projects like office buildings and retail shopping centers in the near future.
Regardless of the LTV requirement, bridge loans are a great way to close on a property fast and to obtain the needed capital for improving the property and/or repositioning. For more information on the 80% LTV bridge loan contact us today!
Offering bridge loans and senior debt in 50 states with a preference for these 47 major markets; Atlanta, Austin, Baltimore, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Columbus, Dallas/Fort Worth, Denver, Detroit, Fort Lauderdale, Houston, Indianapolis, Jacksonville, Kansas City, Las Vegas, Los Angeles, Louisville, Miami, Milwaukee, Minneapolis-St. Paul, Nashville, New Haven-Fairﬁeld County, New York City, New Jersey, Oakland, Orange County, Orlando, Philadelphia, Phoenix, Pittsburgh, Portland, Riverside-San Bernardino, Sacramento, Salt Lake City, San Antonio, San Diego, San Francisco, San Jose, Seattle-Tacoma, St. Louis, Tampa-St. Petersburg, Washington, D.C.