Loan Programs > Commercial Real Estate > Bridge
Bridge
See why Ready Capital continues to be a bridge lending leader through any market condition, and find out what we can do for your multifamily portfolio.
Bridge Financing
As a leader in nationwide non-recourse, Multifamily Bridge lending, Ready Capital brings clients certainty of execution through a collaboration of production professionals for a streamlined, up-front credit process. Post-closing, we strive to exceed our clients’ expectations through our in-house, client-centric portfolio management team.
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Loan Terms
| Loan Purpose | Acquisition, refinance, and recapitalization |
| Loan Amount |
$5 million - $75 million Larger loan amounts considered |
| Loan Term | Up to five years; including extensions where applicable |
| Rate Type |
Floating (SOFR-based); Fixed; and Hybrid part Floating/part Fixed) available |
| Fees | 1.00% origination fee; 0.25%+ exit fee; 0.25%+ extension fee (custom fees available) |
| In-Place DSCR / Debt Yield | No origination fees |
| Amortization | Interest only during initial term |
| Future Advances | Capital expenditures, interest and carry reserves, and additional reserves as needed Funded according to sponsor’s business plan |
| Earnouts | Available |
| Recourse |
Non-recourse with standard carve-outs Further guarantees may be required |
| Prepayment | Minimum interest; no lockout |
Recent transactions
We consider the full range of value-add strategies and deliver structured finance solutions backed by experienced CRE lending professionals.
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Nationwide lending at its best
Our team of professionals have deep industry expertise, offering brokers and sponsors commercial real estate know-how and confidence through all markets and credit cycles.