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Bridge Capital
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phone 702-436-1000 | fax 702-434-1644 |
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Lending Area US |
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Loan or Investment Size $3,000,000 to $50,000,000 Prefer 7.0MM to $30.MM |
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Loan Types |
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| National Chain Hotel/Motel | Outlet Malls | Parking Garage |
| Regional Malls | Garden Apartments | Garden Style Offices |
| High Rise Apartments | Retail Strip Center (With Anchor) | Self Serve Mini Storage Warehouse |
| Medical Office | Warehouse Distribution | Golf Courses |
| Mobile Home Parks | Time Share Resorts Raw Land With Development Plan | |
Loan Structure |
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| First Mortgages | Acquisitions | Second Mortgages |
| Standbys | Forward Commitments | Gaming (gambling) Facilities |
| Floating Rates | Bridge Loans/Gap Equity/Participating Seconds | Adjustable Rates |
| Usually Maximum 3 year terms, flexible payments. | ||
Loan Fees |
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| Application Fees | Refundable $25,000 To $50,000 | |
| Commitment Fees | Negotiable | |
| Processing Fees | Negotiable | |
| Other Fees | 3rd Party Reports/can do holdbacks for environmental | |
Other Information |
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| Non Exculpatory Loans - No | Will Participate | |
| A Prepayment Penalty | Amount: Will Negotiate | |
| Typical LTV:75% (up to) 90%, On Occasion | ||
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Bridge is a direct source for "special" RE transactions, discounted payoffs, buyouts, etc. Expertise financing gaming properties in Las Vegas as well as other areas. Fast funding (30 days or less). Like lots of equity (or other collateral) in the transaction. Investments structured as either debt or equity. Short term loans to 3 years. |
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| Will deal direct and through non exclusive brokers. | ||
Lender Contact Information |
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| Mr. Edward Delorme, EVP | ||
