Bridge Loan

Institutional Backing

  • Commercial real estate loans between $5 million and $25 million
  • Direct Lender
  • Competitive rates and terms. Nationwide Lending Platforms
  • Loans custom-tailored to meet borrower’s unique needs
  • Non-recourse
  • Flexible prepayment provisions
  • Broker submissions welcomed

BRIDGE LOAN PROGRAM

New Era Capital’s Bridge Loan Program provides attractive financing solutions to execute a short-term strategy.

PROPERTY TYPES

Properties We Finance

retail
Retail
office
Office
multi-family
Multi-Family
hospitality
Lodging
industrial
Industrial
self-storage
Self-Storage

LOAN TO VALUE/LOAN TO COST

Up to 80% Multi-Family
Up to 75% Other Property Types

 

BRIDGE LOANS

$5,000,000$50,000,000

(Below $5,000,000 and above $25,000,000 can be considered case-by-case).

CONSTRUCTION

$5,000,000$50,000,000

TERM

Typically 12-36 months during the initial loan term

Extension options up to 60 months total term

INTEREST RATE

Competitive floating rate spread over 30 day LIBOR

AMORTIZATION

Interest only

NON-RECOURSE

Except for customary “bad boy” carve-outs