Capital Source

Bridge & Transitional

Short-term, flexible capital for value-add, lease-up, and repositioning plays.

Loan Amount

$2M – $200M+

Term

1 – 3 Years (I/O)

Rate Range

SOFR + 250 – 450 bps

LTV / LTC

Up to 80% LTC

Program Overview

How bridge & transitional works.

Bridge financing fills the gap between acquisition and stabilization. Whether you're executing a value-add business plan, leasing up a recently delivered asset, repositioning a property to a new use, or buying time for a permanent take-out, bridge debt provides the speed, flexibility, and proceeds traditional permanent lenders can't match. We work with debt funds, mortgage REITs, balance-sheet bridge lenders, and specialty finance shops to deliver non-recourse floating-rate execution with future funding for capex, TI/LC, and interest reserves. Most bridge loans are interest-only for the entire term with extension options.

  • Future funding for capex, TI/LC, and operating shortfalls
  • Non-recourse with standard bad-boy carve-outs
  • Flexible prepayment with short minimum interest periods
  • Up to 80% LTC and 75% LTV-as-stabilized

Use Cases

When sponsors choose bridge & transitional.

Value-Add Acquisitions

Acquire under-performing assets and execute renovation, re-tenanting, or operational turnaround.

Lease-Up Bridge

Newly delivered or recently rehabbed assets needing 12–36 months to reach stabilized occupancy.

Discounted Payoff (DPO)

Recapitalize maturing debt at a discount with bridge capital while finalizing permanent take-out.

Repositioning & Adaptive Reuse

Convert office to multifamily, hotel to apartment, or retail to industrial with bridge capital.

Ready to explore bridge & transitional?

Submit your scenario and receive multiple competitive term sheets within 5–10 business days.