- EN Capital Newsletter
- Posts
- Fixed Bridge
Fixed Bridge
Fixed Rate Bridge Loans for Multi, Industrial, Retail
Fixed Rate Bridge
Financing
Loan Sizes: $5M - $40M
Fixed Rate: 7.5% - 9.9%
Term: 12 – 36 months
Lender Points: 1 - 2 pts
LTV: up to 70%
LTC: up to 70%
Value-add CapEx = 70% purchase, 100% cap ex
Geography: Primary markets
Recourse: Full PG required
Non-recourse options available at 65% LTV
Closing Time: 2-3 weeks after signed LOI
Property Types: Multifamily, Industrial, Retail
Owner-user industrial properties are fine.
This group is highly flexible, can handle unique sponsor issues, don't mind vacancy issues, and they can close your deal fast. If you have a deal and your usual lender is on sabbatical, give us a call. We can help you get the capital you need asap.
P.S.
If you're brand new to the EN Capital newsletter; each week we promote a new capital source for a variety of commercial real estate properties. So if the above lender is not relative to you, the chances are high that we'll have the perfect capital source for you soon.
P.P.S.
EN Capital is a commercial real estate mortgage brokerage shop.
We are not direct lenders. Seriously, every time we do a blast some guy responds and gets pissy when he realizes we're brokers. It's on the top of our website, LinkedIn, clear in all our marketing. We honestly don't know how to make it more obvious. Don't be that guy.
P.P.P.S.
If you have a commercial real estate deal, unrelated to the above, that needs capital right now reach out to us and let's chat!
Be sure to connect with EN Capital on Linkedin. and visit our website here.
Connect with EN Capital President, Nate Whigham on Linkedin Here
Connect with EN Capital Associate, Justin Ashcraft on Linkedin Here
Nathan WhighamPresidentCA DRE Broker License: 01793655EN Capital Contact Info:www.encapital.com[email protected]Direct Line: 323-521-4766