COMMERCIAL BRIDGE FINANCING
Integra Real Estate Capital is a trusted source of capital for institutional and private real estate owners and investors in need of immediate access to flexible and creative bridge financing. Our structured finance team facilitates short-term commercial bridge loans for real estate acquisitions as well as redevelopment of existing assets. We have a nationwide footprint and can close loans as fast as one week. Bridge loans are ideal for transitional, non-stabilized assets with a value-add component or special situations where a quick closing and certainty of execution is needed.
REASONS INVESTORS OBTAIN COMMERCIAL BRIDGE LOANS:
- Purchase of Foreclosed Asset (REO)
- Increase Occupancy Levels
- Discounted Payoffs
- Refinancing Maturing Loan
- Property with Limited Cash-Flow
- Future Funding of Tenant Improvement & Leasing Commission (TI/LC)
- Foreign National Borrower
- Take-out of Construction Loan
- Re-positioning of a Property
- Earn-out Requirement
- Rehabilitation/Redevelopment of Property
- Opportunistic Purchases
- Non-stabilized Property without Historic Financials
Property Types Financed:
As a fully-integrated commercial real estate mortgage brokerage and advisory firm, we are focused on delivering flexible commercial bridge loans for every property type in every market segment. Below is a comprehensive list of properties we successfully financed:
Student/Seniors Housing + Mobile Home Parks
Mixed-Use + Neighborhood and Power Centers
Flagged and Independent Boutique Hotels
All office classes considered in primary, secondary and tertiary markets.
Heavy + Light Manufacturing & Owner-Occupied Properties
Cold Storage Properties + Distribution Facilities
Climate Controlled + Mini Storage & Boat/Car Storage
Independent Living Facilities + Memory Care
Commercial bridge lenders generally fill the void where conventional lenders are reluctant to lend to certain borrowers based on their legal partnership entanglement, lower occupancy levels at the property, and any previously filed bankruptcies. In addition, if the borrowers are foreign nationals they have a tougher time obtaining a loan through conventional banks and other institutional lenders.
The majority of bridge loans facilitated by our group are based on non-recourse basis with maximum LTV’s upward of 80%. We arrange favorable loan structures where most of the new Tenant Improvement and Leasing Commissions (TI/LC) are paid directly by the lender as “good news money” as new tenant leases are signed.
Foreign National Bridge Loan Solutions:
EB-5 Visa Program:
The United States Federal government created what is widely known as the EB-5 visa program to encourage foreign capital to be invested in the U.S. For a brief period, this program allows foreign nationals to obtain a green card (become permanent residents) in exchange for investing in the U.S. businesses and real estate, thus creating job growth and economic advancement. By pursuing an EB-5 platform, these investors avoid the customary requirement by conventional banks to show proof income, provide 3-years of personal and business tax returns and the necessity to be a U.S. Citizen.
Integra Real Estate Capital assists foreign nationals to acquire income producing properties such as: multifamily, retail, office, industrial and warehouse.
PARAMETERS FOR COMMERCIAL BRIDGE LOANS
- $2,000,000 Minimum Loan Amount
- Up to 85% LTV
- Non-Recourse, with standard carve-outs
- Acquisition, Refinance and Redevelopment
- Agency Financing for Multifamily and Commercial Banks + Bridge Lenders for Commercial Real Estate
- Minimum DSCR is 1.00x
- 3-5 Year Fixed and Floating Rates
- Interest Only Through Loan Term
- Loan Collateralized by Commercial Property
- Future Funding Facility
- Extension Options
- Fast Closing Process
- All Commercial Asset Classes Considered
You can also email us for more information on our financing programs.
17 State Street, Ste 4000
New York, NY 10004
WHY CHOOSE INTEGRA?
By electing to work with Integra, our clients gain access to:
- Higher Leverage
- Speed + Certainty of Execution
- Non-Recourse (with carve-outs)
- Flexible Underwriting
- Interest Only Loan Options
- Longer Term
- Low Interest Rates
- Loans available in secondary and tertiary markets
We offer a full gamut of financing options for stabilized and transitional properties nationwide. Our team of professionals will help you realize the full potential of your commercial real estate portfolio and maximize its financial performance. We are committed to every debt & equity transaction, particularly where timing, structure and certainty of execution are of the utmost importance.
CONTACT US FOR MORE INFORMATION: (212) 353-2800