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RRA Capital

Bridge Loan
Core Bridge - LG359

RRA Capital

Summary of all Guidelines

Loan Types Bridge Loan
Property Types Assisted Living, Automotive, Bar, Gas Station, Hotel, Industrial, Medical Office, Mixed use, Motel, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior Care - Commercial Property, Shopping Center, Special-Use, Strip Center, Warehouse
Lendding Area NATIONWIDE
Loan amount Minimum $5,000,000
Loan amount Maximum $40,000,000
Interest Rate Minimum 9.25%
Points Minimum 1st TD 1
Points Maximum 1st TD 2
Terms 1 year, 2 year, 3 year
Interest Only or Amortized Interest Only
Extensions Available Yes
Lien Position 1st
Prepayment Penalty No Prepayment Penalty
Fixed or Adjustable Adjustable
Recourse Non Recourse
General Pricing or Guideline info Product Type Markets: Nationwide Loan Size: $5MM - $40MM Term: 12-36 Months Max LTV: 70% Starting Rate: SOFR - 3.95 Origination Fee: 1% Exit Fee: 1% Extension Options: Yes Capex/TILC: 100% Recourse: Non-Recourse Amortization: Interest Only Lockout/Prepayment: No Lockout / 0-12 Month Minimum Interest DSCR Requirement: No DSCR Requirement Debt Yield Requirement: No Debt Yield Requirement Occupancy Requirement: No Occupancy Requirement Features: Core Bridge All Major Commercial Product Types Including Mixed-Use & Special Purpose
Updated as of 2023-11-21

Product Type

Markets: Nationwide

Loans Size: $5MM - $40MM

Term: 12-36 Months

Max LTV: 70%

Starting Rate: SOFR - 3.95

Origination Fee: 1%

Exit Fee: 1%

Extension Options: Yes

Capex/TILC: 100%

Recourse: Non-Recourse

Amortization: Interest Only

Lockout/Prepayment: No Lockout / 0-12 Month Minimum Interest

DSCR Requirement: No DSCR Requirement

Debt Yield Requirement: No Debt Yield Requirement

Occupancy Requirement: No Occupancy Requirement

Features: Core Bridge
All Major Commercial Product Types Including Mixed-Use & Special Purpose

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