First Mortgage Loans
This is a short-term solution to a need for capital for non-conforming commercial real estate projects when conventional bank financing is simply not an option. Because it is not permanent, long-term financing, our bridge loans close fast. Additionally, our bridge loans are carefully structured to meet the Borrower’s needs. For example, if a Borrower needs a bridge loan for a non-cash flowing property which is being renovated, we will structure a payment reserve built in to the loan so that the Borrower does not have to worry about meeting his monthly payments while the construction progresses. Once the project is complete and there is cash flow, the Borrower can pay back the loan.
View some of the recent first mortgage loans that were completed by the Fund.
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