Commercial Real Estate Bridge Financing
MBA Commercial has short term financing solutions for the most commercial financing requirements on a quick turnaround basis; bridge yourself over until the next stage.
Funding in 7 days is possible with a complete loan package.
MBA Commercial can provide short-term first or second mortgage real estate financing for these types of transactions:
- The purchase of mortgages either performing or non-performing.
- The repurchase of debt by an owner at a discount i.e. owner can do a short pay on existing mortgage.
- Purchase of residential asset and loan pools.
- Acquisition of vacant or partially leased buildings.
- Condominium sales with release prices and prepayment options
- Participating mortgages (equity & debt).
The loans are typically 65% of acquisition costs. The loan to value can be higher with cross collateralization of other assets.
The loan size range is from $3M to $300M. The loan points are from 3% to 6% and the interest rate from 12% to 18% depending on the security.
To apply for loan click here