A nationwide bridge lender is lending on transitional and value-add properties on loan sizes $3,000,000 and up to 85% LTV with interest rates starting at 30 Day LIBOR +500. Loans can be up to 5 years interest only to allow a business plan to complete and have the property reach stabilization. Non-cash flowing assets are acceptable. The lender can underwrite a variety of asset classes including office, retail, multifamily, student housing, senior housing, self-storage, and hospitality.
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