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City Bay Capital

Bridge Loan
- LG334

City Bay Capital

Summary of all Guidelines

Loan Types Bridge Loan
Property Types Hotel, Multi Family
Lendding Area NATIONWIDE
Loan amount Minimum $5,000,000
Loan amount Maximum $100,000,000
Terms 1 year, 18 month, 2 year
Interest Only or Amortized Interest Only
Lien Position 1st
Recourse Non Recourse
General Pricing or Guideline info - Rates: Starting at 500bps + SOFR. - LTV: Up to 75%, possibly higher with additional collateral. - Term: 1 – 2 years with extension options. - Asset Types: Multifamily, hospitality, and other asset types on a discretionary basis. - Executions: Acquisition, stretch senior, bridge to bridge, value-add, pre-stabilization, discounted payoff, recapitalization, construction completion, and hard money. - Borrower: Special purpose entity owned by qualified investors.
Updated as of 2023-11-15

- Rates: Starting at 500bps + SOFR.
- LTV: Up to 75%, possibly higher with additional collateral.
- Term: 1 – 2 years with extension options.
- Asset Types: Multifamily, hospitality, and other asset types on a discretionary basis.
- Executions: Acquisition, stretch senior, bridge to bridge, value-add, pre-stabilization, discounted payoff, recapitalization, construction completion, and hard money.
- Borrower: Special purpose entity owned by qualified investors.

These descriptions are limited information and meant for general reference purposes.