Commercial Real Estate Division

Bridge Loans

Synergy Capital Markets provides bridge financing collateralized by a senior lien on the underlying real estate. Loans range from $500,000 to $100 million USD plus, and are typically for a term of 1 to 5 years. Synergy Capital Markets' bridge programs are very flexible and can be used for numerous transactional goals including value added or quick close transactions.

Program Parameters:

Eligible Locations:

  • Nationwide and some International

Property Types:

  • Majority of property types including but limited to:

  • Office,

  • Retail,

  • Industrial,

  • Multi-Family,

  • Hotel,

  • Self-Storage,

  • Mixed-Use & 

  • Mobile Home Parks

Loan Amount:

  • $500,000 to Unlimited

Loan Term:

  • Up to 5 year term

Amortization:

  • Typically Interest Only but may vary dependent upon transaction

Loan to Value/Cost:

  • Up to 75% of Appraised Value or Cost

Minimum DSCR:

  • 1.0x but transaction may be financed with a DSCR below 1.0x dependent upon the transaction.

 

Origination Fee:
Typically 2% – 5% of Loan Amount

Expense Deposit:

  • Amount sufficient to cover third party reports.  May vary according to transaction.

Sponsor/Borrower:

  • Transaction Specific

Recourse:

  • Both recourse and non-recourse options available. 

  • Non-recourse transactions will potentially include the exception of industry standard “bad boy” carve outs.

Assumability:

  • Permitted subject to approval and an assumption fee

Prepayment:

  • Determined on a case-by-case basis

Typical Uses:

  • Acquire under-performing or value-added properties,

  • Acquisition/Rehab of existing properties,

  • Note purchases secured by eligible property types,

  • Partnership buyout / equity recapitalization,

  • Pre-Development,

  • Construction,

  • Recapitalization,

  • Refinancing,

  • Liquidity Management,

  • Asset/Liability Management &

  • Gap Financing