Archbell Capital customizes bridge loan solutions for middle market commercial real estate investors that seek higher leverage debt financing, certainty of execution and timely loan closings.
Loan Size
$15-$100 million
Loan TypeS
Acquisition Bridge & Bridge Refinance
Geography
Western United States primary focus
CRE Product Types
Office, Mixed-Use and Industrial primary focus
Loan Term
2 to 5 years
Loan to Value / Loan to Cost
Up to 75% LTV/LTC
DSCR Requirements
Initial DSCR’s below 1.0x addressed with interest reserves customized for borrower business plan
Interest Rates / Coupons
LIBOR plus 200's and up (first mortgage)
Loan Fees
Typically 1% of the loan up-front and TBD at exit
Prepayment Flexibility
Structured for borrower business plan
Recourse
Non-recourse with standard carve-outs
Amortization
Interest only for most transactions