Bridge Financing
Ready Capital provides short-term, non-recourse bridge and mezzanine loans nationwide on transitional, value-add and event-driven commercial and multifamily real estate. We lend up to $45 million (larger for select assets and portfolios) for middle-market and institutional commercial real estate sponsors, and larger on a case-by-case basis.
We provide floating and fixed rate terms to five years for multifamily, office, retail, industrial, mixed-use, self-storage, student housing, hospitality, residential and commercial condo, and specialty use properties. We consider the full range of value add strategies and deliver structured finance solutions backed by experienced bridge lending professionals.
Check out our most recent transactions and client testimonials:

Bridge
Office
3 Year Term
Greenwood, IN

Bridge
Mixed Use
4 Year Term
Charlotte, NC

Bridge
Retail
3 Year Term
Santa Monica, CA

Bridge
Multifamily
3 Year Term
Los Angeles, CA

Fixed rate
Retail
2 Year Term
Sacramento, CA

Bridge
Retail
5 Year Term
Jacksonville, FL

Bridge
Various Property Types - Portfolio
3 Year Term
Los Angeles, CA

Bridge
Multifamily
3 Year Term
Houston, TX

Fixed rate
Student Housing
3 Year Term
Normal & Champaign, IL

Bridge
Multifamily
5 Year Term
West Valley City , UT

Fixed rate
Mixed Use
7 Year Term
Costa Mesa, CA

Bridge
Retail
3 Year Term
Miami, FL

Bridge
Multifamily
3 Year Term
San Antonio , TX

Bridge
Multifamily
3 Year Term
San Antonio, TX

Bridge
Retail
3 Year Term
Miami (Wynwood), FL

Bridge
Multifamily
3 Year Term
Houston , TX

Bridge
Multifamily
3 Year Term
Portland , OR

Bridge
Multifamily
3 Year Term
Freeport, TX

Bridge
Multifamily
2 Year Term
Houston, TX

Bridge
Retail
3 Year Term
Miami, FL

Bridge
Office
3 Year Term
Charlotte, NC

Bridge
Retail
3 Year Term
Charlotte, NC

Bridge
Multifamily
2 years Year Term
Tampa, FL

Bridge
Industrial
3 Year Term
Charlotte, NC

Bridge
Office
3 Year Term
Chicago, IL

Bridge
Mixed Use
3 Year Term
Los Angeles , CA

Bridge
Multifamily
3 Year Term
San Antonio , TX

Bridge
Multifamily
3 Year Term
San Antonio , TX

Bridge
Mixed Use
3 Year Term
Denver, CO
Bridge
Retail
2 Year Term
Los Angeles, CA

Bridge
Multifamily
3 Year Term
New York, NY

Bridge
Office
3 Year Term
Chicago, IL
Bridge
Multifamily
2 Year Term
Philadelphia, PA

Bridge
Multifamily
2 Year Term
Decatur, GA
Bridge
Multifamily
Year Term
Minneapolis, MN

Bridge
Multifamily
2 Year Term
Houston, TX

Bridge
Industrial
3 Year Term
Tampa, FL

Bridge
Multifamily
1 Year Term
Bridgeport, CT

Bridge
Multifamily
3 Year Term
Houston, TX
Bridge
Multifamily
1 Year Term
Panama City, FL

Bridge
Retail
2 Year Term
Baltimore, MD

Bridge
Industrial
2 Year Term
San Antonio, TX

Bridge
Multifamily
2 Year Term
Athens, GA

Bridge
Multifamily
2 Year Term
Fort Lauderdale, FL

Bridge
Multifamily
2 Year Term
Various, TX

Bridge
Multifamily
3 Year Term
Largo, FL

Bridge
Mixed Use
3 Year Term
New York, NY
Bridge
Multifamily
1 Year Term
Golden, CO
Bridge
Mixed Use
2 Year Term
Bronx, NY
Bridge
Retail
3 Year Term
Livonia, MI
Bridge
Multifamily
3 Year Term
Los Angeles, CA
Bridge
Office
3 Year Term
Tustin, CA
Bridge
Office
3 Year Term
Houston, TX
Bridge
Multifamily
3 Year Term
Los Angeles, CA
Bridge
Multifamily
3 Year Term
Charlotte, NC
Bridge
Office
3 Year Term
Atlanta, GA
Bridge
Office
2 Year Term
Miami, FL
Bridge
Multifamily
3 Year Term
Los Angeles, CA
Bridge
Multifamily
3 Year Term
Los Angeles, CA
Bridge
Mixed Use
2 Year Term
New York, NY
PRODUCT OVERVIEW
- Transitional, value-add and event-driven real estate opportunities
- Highly structured loan solutions
- Financing customized to borrower business plan
- Loan size: up to 80% of project cost, 85% senior stretch deal specific
- Term: floating rate up to five years including extensions
- Prepayment: minimum interest
- Future Funding: Capex, TI/LC, earnouts, interest and operating reserves
- Fixed and fixed/floating hybrid loan solutions
Contact a Production Officer or a member of our production team for more information for your area or market. All of our Production Officers have the ability to lend nationwide. If you need further information, please contact bridgecre@readycapital.com.
NEW YORK, Oct. 01, 2020 (GLOBE NEWSWIRE) — Ready Capital’s National Bridge Lending Team announces the closing of an acquisition, renovation, and lease-up loan for a $16.9 MM value-add bridge loan in Memphis, TN.
In September, Ready Capital closed the financing for the acquisition, renovation, and lease-up of an approximately 800,000 SF, Class B, industrial property in the Southeast Industrial submarket of Memphis, TN. Upon acquisition, the sponsor will implement a capital improvement plan to upgrade the property and subsequently lease-up to market occupancy. Improvements include roof restorations, exterior and interior painting, modernized lighting, and various other property upgrades. Ready Capital closed the $16.9 MM, non-recourse, interest only, floating rate loan which features a 36-month term, two extension options, flexible prepayment, and is inclusive of a facility to provide future funding for capital expenditures, tenant leasing costs, and interest and carry shortfalls.
Southeast Industrial Submarket of Memphis, TN
https://www.globenewswire.com/NewsRoom/AttachmentNg/a5d32da5-12ae-4b11-8473-fe944d7a91e6
Acquisition, renovation, and lease-up of an approximately 800,000 SF, Class B, industrial property in the Southeast Industrial submarket of Memphis, TN
For more information, contact:
David A. Cohen, david.cohen@readycapital.com
Managing Director – National Bridge Originations
About Ready Capital:
Ready Capital (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans. Our National Bridge Originations team offers non-recourse financing on transitional, value-add and event-driven commercial and multifamily real estate opportunities. Ready Capital is a direct lender that provides comprehensive financing solutions to real estate owners, investors and small business owners, which generally range in original principal amounts between $2 – $45 million and larger for select assets and portfolios.
This press release contains statements that constitute “forward-looking statements,” as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. These statements are based on management’s current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements; the Company can give no assurance that its expectations will be attained. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
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