Bridge loans
Short-term loan that provides immediate cash flow to investors.
| Property types | Residential (non-homestead property), commercial properties, vacant land, office building, construction or remodeling |
| Loan-to-value | Up to 65% of appraised value. New construction properties LTV up to 50% |
| Term | 2 years |
| Interest rate | From 9.75% |
| Amortization | Interest only with principal payment at the end of the term |
| Geography | Florida and Georgia, United States |
| Closing | 3 to 5 days once all the documentation is ready |
Preferred equity
Financing solution to provide a borrower or sponsor with higher levels of leverage at a lower cost than common equity.
| Property types | Construction and land development |
| Loan size | Up to $35,000,000 |
| Interest rate | From 10.50% |
| Amortization | Interest only with principal payment at the end of the term |
| Geography | Florida and Georgia, United States |