short term financing for transitional value-add opportunities
Property Location
All markets considered with a focus on New England, Northeast & East Coast
Property Type
Existing Office, Retail, Industrial, Multi-Family, Hospitality, Self-Storage, Special Use properties considered on a case by case basis
Loan Amount
$2.0 million+
Term
Up to 36 months
LTV
Up to 75%
LTC
Up to 85%
Rate Type
Floating / Fixed
Interest Only
Yes (Typical)
Rate Index
SOFR or Set by lender for Fixed Rate loans
Spread / Rate
Varies - Call for current Quote. Typically between 6-15% depending on lender & project
Prepayment
Varies, but most lender have a minimum lockout period, required yield / make whole or exist fee
Recourse
Both recourse and non available depending on project / lender
Lender Points
Varies - Typically a minimum of 1%
EagleBridge Fee
Project specific
TI / LC Reserves
Typically funded partially or fully as part of the loan.