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    Bridge Financing

    OVERVIEW

    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 $75 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:

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    $18,280,000
    Acquisition & Renovation
    Bridge
    Fractured Condominium
    Year Term
    Melbourne, FL
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    $6,600,000
    Purchase
    Bridge
    Office
    3 Year Term
    Greenwood, IN
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    $22,600,000
    Refinance and Stabilization
    Bridge
    Mixed Use
    4 Year Term
    Charlotte, NC
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    $13,900,000
    Rate/Term Refinance
    Bridge
    Retail
    3 Year Term
    Santa Monica, CA
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    $4,700,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Los Angeles, CA
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    $6,200,000
    Purchase
    Fixed rate
    Retail
    2 Year Term
    Sacramento, CA
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    $2,600,000
    Rate/Term Refinance
    Bridge
    Retail
    5 Year Term
    Jacksonville, FL
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    $16,200,000
    Purchase
    Bridge
    Various Property Types - Portfolio
    3 Year Term
    Los Angeles, CA
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    $7,500,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Houston, TX
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    $11,900,000
    Purchase
    Fixed rate
    Student Housing
    3 Year Term
    Normal & Champaign, IL
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    $10,200,000
    Purchase
    Bridge
    Multifamily
    5 Year Term
    West Valley City , UT
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    $20,100,000
    Purchase
    Fixed rate
    Mixed Use
    7 Year Term
    Costa Mesa, CA
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    $7,950,000
    Purchase
    Bridge
    Retail
    3 Year Term
    Miami, FL
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    $25,800,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    San Antonio , TX
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    $38,900,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    San Antonio, TX
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    $7,900,000
    Purchase
    Bridge
    Retail
    3 Year Term
    Miami (Wynwood), FL
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    $28,300,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Houston , TX
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    $14,500,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Portland , OR
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    $7,860,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Freeport, TX
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    $5,590,000
    Rate/Term Refinance
    Bridge
    Multifamily
    2 Year Term
    Houston, TX
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    $4,930,000
    Purchase
    Bridge
    Retail
    3 Year Term
    Miami, FL
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    $11,960,000
    Purchase
    Bridge
    Office
    3 Year Term
    Charlotte, NC
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    $8,400,000
    Purchase
    Bridge
    Retail
    3 Year Term
    Charlotte, NC
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    $8,900,000
    Purchase
    Bridge
    Multifamily
    2 years Year Term
    Tampa, FL
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    $7,570,000
    Purchase
    Bridge
    Industrial
    3 Year Term
    Charlotte, NC
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    $33,325,000
    Rate/Term Refinance
    Bridge
    Office
    3 Year Term
    Chicago, IL
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    $8,240,000
    Rate/Term Refinance
    Bridge
    Mixed Use
    3 Year Term
    Los Angeles , CA
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    $12,760,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    San Antonio , TX
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    $16,360,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    San Antonio , TX
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    $25,070,000
    Purchase
    Bridge
    Mixed Use
    3 Year Term
    Denver, CO
    $5,000,000
    purchase
    Bridge
    Retail
    2 Year Term
    Los Angeles, CA
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    $5,500,000
    purchase
    Bridge
    Multifamily
    3 Year Term
    New York, NY
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    $7,848,475
    Rate/Term Refinance
    Bridge
    Office
    3 Year Term
    Chicago, IL
    $1,520,361
    Rate/Term Refinance
    Bridge
    Multifamily
    2 Year Term
    Philadelphia, PA
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    $2,765,000
    Bridge-to-Freddie - Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    San Antonio, TX
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    $3,200,000
    Bridge-to-Freddie - Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Austin, TX
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    $3,450,000
    Bridge-to-Freddie - Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Balcones Heights, TX
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    $4,300,000
    Bridge-to-Freddie - Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Glendale, AZ
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    $5,000,000
    Acquisition & Stabilization
    Bridge
    Industrial
    Year Term
    Garfield, NJ
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    $5,765,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Olathe, KS
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    $6,000,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Shaker Heights, OH
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    $6,070,000
    Acquisition & Renovation
    Bridge
    Industrial
    Year Term
    Avon, MA
    $6,320,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Industrial
    Year Term
    Philadelphia, PA
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    $6,560,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Industrial
    Year Term
    Greenville, SC
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    $7,060,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Jeffersontown, KY
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    $7,060,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Jeffersontown, KY
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    $7,060,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Jeffersontown, KY
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    $8,060,000
    Acquisition & Stabilization
    Bridge
    Industrial
    Year Term
    Miamisburg, OH
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    $8,100,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Jacksonville, FL
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    $8,180,000
    Acquisition & Renovation
    Bridge
    Industrial
    Year Term
    Jacksonville, FL
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    $8,360,000
    Refinance & Stabilization
    Bridge
    Multifamily
    Year Term
    Los Angeles, CA
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    $8,515,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Dallas, TX
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    $8,900,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Culver City, CA
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    $8,975,000
    Acquisition & Renovation
    Bridge
    Multifamily
    Year Term
    Fairfield, OH
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    $8,975,000
    Acquisition & Renovation
    Bridge
    Multifamily
    Year Term
    Hamilton, OH
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    $9,125,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Austin, TX
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    $9,190,000
    Refinance, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Brewster, MA
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    $9,450,000
    Recapitalization & Renovation
    Bridge
    Multifamily
    Year Term
    Dallas, TX
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    $10,080,000
    Acquisition & Renovation
    Bridge
    Industrial
    Year Term
    Fort Worth, TX
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    $10,110,000
    Acquisition & Stabilization
    Bridge
    Multifamily
    Year Term
    Tallahassee, FL
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    $10,680,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Des Plaines, IL
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    $11,150,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Tucson, AZ
    CRITERIA

    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
    Mark Blaha
    Chicago, Midwest

    Mark brings over 7 years of commercial real estate lending and finance experience in the Chicago and Midwest markets.  Mark leads the Chicago team for new loan production for all value-add bridge loans in the Midwest Markets.  Prior to joining Ready Capital, Mark served as assistant vice president, commercial banker at MB Financial Bank.  Mark earned his Bachelor of Science degree in Finance from The University of Illinois at Urbana-Champaign.

    Specialties:
    • Bridge
    • CMBS
    • Fixed rate
    • Multifamily
    Back
    See most recent transactions & client testimonials:
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    $13,400,000
    Purchase
    Bridge
    Industrial
    3 Year Term
    Tampa, FL
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    $6,600,000
    Purchase
    Bridge
    Office
    3 Year Term
    Greenwood, IN
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    $22,600,000
    Refinance and Stabilization
    Bridge
    Mixed Use
    4 Year Term
    Charlotte, NC
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    $13,900,000
    Rate/Term Refinance
    Bridge
    Retail
    3 Year Term
    Santa Monica, CA
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    $4,700,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Los Angeles, CA
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    $6,200,000
    Purchase
    Fixed rate
    Retail
    2 Year Term
    Sacramento, CA
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    $2,600,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Charlotte, NC
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    $16,200,000
    Purchase
    Bridge
    Various Property Types - Portfolio
    3 Year Term
    Los Angeles, CA
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    $7,500,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Houston, TX
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    $11,900,000
    Purchase
    Fixed rate
    Student Housing
    3 Year Term
    Normal & Champaign, IL
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    $10,200,000
    Purchase
    Bridge
    Multifamily
    5 Year Term
    West Valley City , UT
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    $20,100,000
    Purchase
    Fixed rate
    Mixed Use
    7 Year Term
    Costa Mesa, CA
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    $7,950,000
    Purchase
    Bridge
    Retail
    3 Year Term
    Miami, FL
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    $25,800,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    San Antonio , TX
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    $38,900,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    San Antonio, TX
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    $7,900,000
    Purchase
    Bridge
    Retail
    3 Year Term
    Miami (Wynwood), FL
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    $28,300,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Houston , TX
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    $14,500,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Portland , OR
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    $7,860,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Freeport, TX
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    $5,590,000
    Rate/Term Refinance
    Bridge
    Multifamily
    2 Year Term
    Houston, TX
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    $4,930,000
    Purchase
    Bridge
    Retail
    3 Year Term
    Miami, FL
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    $11,960,000
    Purchase
    Bridge
    Office
    3 Year Term
    Charlotte, NC
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    $8,400,000
    Purchase
    Bridge
    Retail
    3 Year Term
    Charlotte, NC
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    $8,900,000
    Purchase
    Bridge
    Multifamily
    2 years Year Term
    Tampa, FL
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    $7,570,000
    Purchase
    Bridge
    Industrial
    3 Year Term
    Charlotte, NC
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    $33,325,000
    Rate/Term Refinance
    Bridge
    Office
    3 Year Term
    Chicago, IL
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    $8,240,000
    Rate/Term Refinance
    Bridge
    Mixed Use
    3 Year Term
    Los Angeles , CA
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    $12,760,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    San Antonio , TX
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    $16,360,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    San Antonio , TX
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    $9,150,000
    Rate/Term Refinance
    Fixed rate
    Mixed Use
    10 Year Term
    Surprise, AZ
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    $31,500,000
    Rate/Term Refinance
    Fixed rate
    Mixed Use
    10 Year Term
    Portfolio , Various States
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    $25,070,000
    Purchase
    Bridge
    Mixed Use
    3 Year Term
    Denver, CO
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    $14,480,000
    Rate/Term Refinance
    Bridge
    Mixed Use
    3 Year Term
    Seattle, WA
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    $7,848,475
    Rate/Term Refinance
    Bridge
    Office
    3 Year Term
    Chicago, IL
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    $8,800,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Largo, FL
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    $9,445,000
    purchase
    Fixed rate
    Multifamily
    5 Year Term
    Midvale, UT
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    $6,500,000
    purchase
    Bridge
    Industrial
    2 Year Term
    Hollywood, FL
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    $5,500,000
    purchase
    Bridge
    Multifamily
    3 Year Term
    New York, NY
    $4,115,959
    purchase
    Bridge
    Multifamily
    3 Year Term
    Phoenix, AZ
    $11,736,000
    purchase
    Bridge
    Industrial
    3 Year Term
    Portland, TN
    $5,815,000
    purchase
    Bridge
    Industrial
    2 Year Term
    Baldwin Park, CA
    $9,005,000
    purchase
    Bridge
    Hospitality
    3 Year Term
    Daytona Beach, FL
    $8,575,000
    Rate/Term Refinance
    Bridge
    Industrial
    3 Year Term
    Fair Lawn, NJ
    $2,403,700
    purchase
    Bridge
    Multifamily
    2 Year Term
    San Francisco, CA
    $4,805,000
    Rate/Term Refinance
    Bridge
    Self Storage
    3 Year Term
    Garfield, NJ
    $2,029,300
    purchase
    Bridge
    Multifamily
    2 Year Term
    San Francisco, CA
    $9,450,000
    Rate/Term Refinance
    Bridge
    Office
    3 Year Term
    Newport Beach, CA
    $16,725,000
    purchase
    Bridge
    Office
    3 Year Term
    Del Mar, CA
    $23,200,000
    purchase
    Bridge
    Office
    3 Year Term
    Toluca Lake, CA
    $9,405,000
    purchase
    Fixed rate
    Self Storage
    5 Year Term
    Missouri City, TX
    $9,900,000
    purchase
    Bridge
    Hospitality
    3 Year Term
    Englewood, CO
    $17,840,000
    Rate/Term Refinance
    Bridge
    Multifamily
    2 Year Term
    Philadelphia, PA
    $5,825,000
    purchase
    Bridge
    Industrial
    2 Year Term
    Belleville, MI
    $6,370,000
    purchase
    Bridge
    Retail
    3 Year Term
    Miami, FL
    $7,055,000
    purchase
    Bridge
    Multifamily
    3 Year Term
    Los Angeles, CA
    $6,846,000
    purchase
    Bridge
    Industrial
    4 Year Term
    Dallas, TX
    $7,842,000
    purchase
    Bridge
    Hospitality
    3 Year Term
    Orlando, FL
    $5,500,000
    Cash-Out Refinance
    Bridge
    Mixed Use
    2 Year Term
    Miami Beach, FL
    $7,510,000
    purchase
    Bridge
    Office
    3 Year Term
    Portland, OR
    NEWS
    • 2021
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    Ready Capital Corporation Announces Securitization of $652.5 Million in Bridge Loans - 09/02/2021
    CRE CLO Securitization is the Company's Sixth Since Ready Capital’s Inception   NEW YORK, September 2, 2021, Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced the closing of a $652.5 million commercial mortgage collateralized loan obligation ("CRE CLO") wit ...
    Ready Capital Announces Acquisition of Red Stone - 08/03/2021
    Leading Real Estate Finance Company Expands Footprint in Multifamily Affordable Housing Sector NEW YORK, August 2, 2021 -- Ready Capital Corporation (NYSE: RC) ("Ready Capital"), a multi-strategy real estate finance company that originates, acquires, finances and services commercial loans, today ann ...
    Ready Capital Announces Strong Q1 Results for Freddie Mac Business - 05/10/2021
    Commercial Lender Builds on Outstanding 2020 Results Ready Capital announced strong results for its Freddie Mac Small Balance Loan (SBL) business during the first quarter, extending into 2021 the increased volume of deals seen by the company in 2020. During the first quarter of 2021, Ready Capital c ...
    Ready Capital National Bridge Team Closes Approximately $655 Million in 11 States in First Quarte... - 04/08/2021
    NEW YORK, April 08, 2021 (GLOBE NEWSWIRE) -- Ready Capital’s National Bridge Originations Team announces the closing of acquisition, refinance, renovation and redevelopment loans for approximately $657 million in 11 states between January 2021 and March 2021. In January, Ready Capital closed the fin ...
    Ready Capital Corporation Announces Securitization of $768 Million in Bridge Loans - 04/01/2021
     Ready Capital Corporation Announces Securitization of $768 Million in Bridge Loans CRE CLO Securitization is the Company’s Largest Since 2005 Inception   NEW YORK, April 1, 2021 -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") announced the closing of a $629 million c ...
    San Francisco multi-housing lease up financed for $104M - 03/05/2021
    SAN FRANCISCO, March 2, 2021 – JLL Capital Markets announced today that it arranged the $104 million refinance of City Gardens, a recently developed multi-housing property located in San Francisco, California. JLL worked on behalf of the borrower, Panoramic Interests, to secure the three-year, float ...
    < older news
    FEATURED DEALS (Q1 2022)

    Ready Capital National Bridge Lending Team highlights key real estate deals closed in the 1st quarter of 2022.

     

    Ready Capital Bridge Lending:
    Featured Deal Highlights (Q1 2022)

    Download the latest Ready Capital National Bridge Lending Team deal summary sheet below:


    High-Resolution PDF (15mb)

     

    Mobile-Friendly PDF
    Mobile-Ready PDF (4mb)

     

    Bridge Q1 2022 Deals

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