Real Estate Bridge Lending

SINGLE-SOURCE BRIDGE LENDING

The Real Estate Bridge Lending Team leverages our robust balance sheet, in-house underwriting and credit functions to offer high-touch service, customized financing solutions, and process efficiencies from loan origination through funding and asset management.

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Certainty of Execution

As a financial institution with over 20 years of lending experience, The Bancorp has the balance sheet and internal resources to process loans in-house. We do not utilize third-party funding sources, which ensures a streamlined and transparent origination process with a clear path to funding. 

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Attractive Leverage

Our bridge loans cover up to 75% of purchase price (80% for multifamily) plus 100% of renovation and/or tenant improvements/leasing costs.

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Flexibility to Finance Smaller Loans

Our minimum loan size is $2 million, which provides liquidity to an underserved market. 

Nonrecourse Bridge Lending Parameters

Loan Amount

$2,000,000 to $30,000,000+

Loan Term

3 years plus extension options, up to 5 years total

Asset Types

Multifamily (including fractured condos), retail, office, industrial, self-storage, and manufactured/mobile home parks

Security

First mortgage lien on subject property

Borrowing Entity

Bankruptcy remote, single-purpose entity

Loan to Cost

75% of purchase price (80% for multifamily) plus 100% of renovation and/or tenant improvements/leasing costs

Loan to Value

Up to 75% of stabilized value (80% for multifamily)

DSCR Requirement

1.00x on NCF; prefunded interest reserves and/or guarantees considered

Amortization

Interest only during term, 25 to 30 years during extensions

Index

30-day average SOFR

Origination Fee

1.00%

Exit Fee

0.50% – 1.00%

Prepayment

No lock-out; spread maintenance for 18-24 months

Recourse

Nonrecourse except for standard "bad boy" carve-outs

Sponsorship

Established track record with sufficient net worth and liquidity

Agent & Client Discussing Pricing

REQUEST A QUOTE

If you are a real estate broker or an investor looking to finance the purchase of commercial real estate, contact us today. Our Real Estate Bridge Lending Team is eager to work with you throughout the lifecycle of your loan.

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REPRESENTATIVE TRANSACTIONS

Multifamily Property

Greensboro, NC

Multifamily Property

Atlanta, GA

Retail

Fort Lauderdale, FL

Multifamily Property

Fort Worth, TX