Bridge Loans

We provide custom-tailored financial solutions to sponsors engaged in the acquisition of value-add commercial real estate.  ACL is aggressively seeking lending opportunities in the major US markets, and can creatively craft a loan structure that is specific to each transaction and sponsor's needs.  Major markets within the US (Major Metro Areas).

Eligible Collateral:

     Existing commercial real estate properties including:

• Apartments, Office, Industrial and Retail.

Guidelines:

• Loan size $2 million to $10 million+
• LTV-LTC up to 85% of total cost
• Commitment Fee up to 1-2% of loan amount
• Interest rate LIBOR +500 bps; with interest only periods available
• Non-recourse, with standard "Bad Boy" carve outs
• Loan terms 12 to 36 months; with extension options available
• Reserves, real estate taxes, hazard insurance, replacement reserves and mortgage interest (as maybe required).
• Underwriting considerations, emphases placed on successful prior experience with value-add transactions by sponsorship, market analysis and exit strategy.
• Third party reports, MAI appraisal, Phase I environmental, Property Condition Assessment and others if required by Underwriting.

Eligible Collateral:

• Multifamily, Office, Retail, Hospitality, Special Purpose, Self-Storage
• NOO SFR's, Mobile Home Parks, Condos, Industrial, Rehab
• Raw Land & Fully entitled land

Guidelines:

• Loan Size $500k - $15MM
• Interest Rates: 8% - 13%
• Terms: 12 -36 months; with extension options available
• Interest Only

Transaction Types:

• Acquisitions, Refinancing, Transitional Assets, Distressed Assets
• Bank Turndowns, Short-Term financing, Time-Sensitive Transactions
• Bank Work-out, Value-add Properties, Discounted Payoffs, Partner Buyouts