Bridge Financing $5MM - 50MM+ up to 80% LTV, all Markets and Asset Types
Western Capmark has identified a capital source offering bridge financing from $5 million to $50 million with LTV’s up to 80%, optimal pricing at 70%, for transitional, or un-stabilized buildings (no construction). No debt service coverage minimums for strong sponsors. Loans are non-recourse, and no prepayment penalty with a minimum of one month interest. Fixed or floating rates available, with interest only amortization. Creditworthy sponsor(s) or entity acceptable to lender with sufficient liquidity and net worth; Foreign nationals acceptable. Lending available nationwide on the following asset types: office, retail, industrial, multifamily, self-storage, student housing, mixed-use, and single tenant with lease considered when guaranteed by investment grade credit