Multifamily and Mixed Use Bridge Loans
We structure and underwrite bridge financing for multifamily and mixed use assets. Acquisitions, refinance, value add, lease up, and construction takeout. Senior bridge debt, mezzanine, and preferred equity with clear covenants, reserves, and a tight closing plan. Full KYC, AML, and sanctions screening on every mandate.
What We Finance
Acquisitions
Time sensitive buys, loan assumptions, fractured condo takeovers, and portfolio carve outs.
Refinance
Maturity walls, partner buyouts, cash out for capex, and rate reset solutions.
Value Add and Lease Up
Unit renovations, common area upgrades, re-tenanting of street retail, and stabilization to perm.
Construction Takeout
Post C.O. bridges with DSCR ramp, reserve sizing, and exit to agency, bank, or life company debt.
Target Asset Profiles
Multifamily Class A to C
Garden, mid-rise, and high-rise with realistic rent steps and proven absorption.
BTR and Townhome
Build to rent communities with lease up plans and comps that support the thesis.
Student Housing
Walk to campus or strong shuttle access with pre leasing milestones and rent rolls by bed or by unit.
Mixed Use Urban
Residential over street retail with credit or service tenants and sensible TI and LC budgets.
Suburban Town Centers
Residential with a small retail podium and realistic absorption for both uses.
Capital Stack We Arrange
Senior Bridge
First lien, interest only, with reserves for interest, taxes, insurance, and capex sized to the plan.
Mezzanine
Second lien or unsecured with tested intercreditor terms to bridge equity gaps.
Preferred Equity
Structured distributions and control rights that sit outside the mortgage.
What Improves Approval
Realistic Business Plan
Unit scope, rent premiums, and lease up timing backed by vendor quotes and market comps.
Sponsor Track Record
Closed deals, prior turnarounds, and operational depth with third party management if needed.
Exit Visibility
Agency, bank perm, or sale comps that clear the stack inside term with tested DSCR.
Clean Controls
Cash management, reserve mechanics, KPI reporting, and budget variance limits.
Typical Terms
- LTV.
Up to 70 percent of as is value. Up to 75 percent on stabilized multifamily with strong comps.
- LTC.
Up to 80 percent on value add with verified capex and contingency.
- Loan size.
USD 3 million to USD 150 million. Larger on a club basis.
- Tenor.
12 to 36 months with extension options tied to milestones.
- Pricing.
Floating rate with spread set by DSCR, leverage, and business plan risk.
- Covenants.
Minimum DSCR, liquidity floor, monthly KPI reporting, and lease up benchmarks.
Process
1
Screen and Structure
We assess story, collateral, market, and exit. We map capital stack, reserves, and closing timeline.
2
Underwrite and Term Sheet
We price with lenders and private credit funds, align intercreditor terms, and issue a term sheet with conditions precedent.
3
Documentation and Close
We finalize loan documents, security, reserves, and reporting. Funds flow and post close milestones are set.
What To Send For Pricing
Financials
Trailing 24 months P&L, T 12 and T 3, rent roll, balance sheet, lender statements, and tax returns.
Asset and Market
OM or summary, leases, photos, capex plan with bids, appraisal or BOV, and leasing or sales comps for both uses.
Sponsor
Bio, track record, REO, org chart, GC and property manager details, and any third party agreements.
Request A Multifamily or Mixed Use Bridge Term Sheet
Send address, loan amount, uses of proceeds, business plan, and target closing date. We will revert with lender route, pricing, and a checklist.
Start Your Funding Mandate
Financely is an arranger and underwriter. We are not a direct lender. Engagements are best efforts and subject to due diligence, KYC and AML, sanctions screening, and approval by lending partners. Nothing here is a commitment to lend or to buy securities.