LENDING CRITERIA
Bridge Lending
Loan Amount
$2 Million to $20 Million
Loan-To-Value
Up to 70% (Senior Loans)
Loan-To-Cost
Up to 70% with up to 100% of TILC Funding
Interest Rate
Floating starting at 440 over SOFR
Origination Fee
1% – 2%
Geographic Focus
Nationwide
Loan Types
1st Mortgages
Term
12 to 24 Months
Recourse
Standard Bad Boy Carve-Outs Always Required
Asset Classes
Industrial including IOS, Development Sites, and Owner Occupied, Multifamily, Mixed-Use, Retail
Closing Time
Under 2 Weeks, if Necessary
Min. Debt Yield
None Required
Transaction Types
All types considered