
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:
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Nationwide and some International
Property Types:
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Majority of property types including but limited to:
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Office,
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Retail,
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Industrial,
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Multi-Family,
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Hotel,
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Self-Storage,
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Mixed-Use &
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Mobile Home Parks
Loan Amount:
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$500,000 to Unlimited
Loan Term:
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Up to 5 year term
Amortization:
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Typically Interest Only but may vary dependent upon transaction
Loan to Value/Cost:
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Up to 75% of Appraised Value or Cost
Minimum DSCR:
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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:
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Amount sufficient to cover third party reports. May vary according to transaction.
Sponsor/Borrower:
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Transaction Specific
Recourse:
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Both recourse and non-recourse options available.
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Non-recourse transactions will potentially include the exception of industry standard “bad boy” carve outs.
Assumability:
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Permitted subject to approval and an assumption fee
Prepayment:
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Determined on a case-by-case basis
Typical Uses:
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Acquire under-performing or value-added properties,
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Acquisition/Rehab of existing properties,
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Note purchases secured by eligible property types,
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Partnership buyout / equity recapitalization,
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Pre-Development,
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Construction,
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Recapitalization,
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Refinancing,
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Liquidity Management,
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Asset/Liability Management &
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Gap Financing