There are quite a few private lending companies that offer short-term bridge financing for commercial real estate (CRE) deals in the United States. Although many of them have a similar offering, each lender offers a unique structure for their loans, and slight variations in pricing.

Private Lender Link is a great place to find reputable lenders and learn about their guidelines. Before we get into the list of top CRE bridge lenders on our platform, we want to clarify the criteria for this list:

  • Loan Amounts above $1,000,000
  • Lends Nationally – 45+ states
  • Purchase and Refinance Loans only – NO construction, land development, junior liens

Top Private Lenders for Commercial Real Estate in the USA

Below is a list of the top private/hard money lending companies listed on Private Lender Link that offer short-term bridge loans secured by commercial real estate. All of them lend nationally, with the exception of a few states that most private lenders avoid, mainly due to strict licensing requirements or unfavorable foreclosure laws.

avatar financial group logo

Avatar Financial Group has been in the private lending business since 2003 and manages a debt fund that is very well capitalized. The company is based in Seattle and has funded loans all over the country. In addition to the core commercial property types, Avatar will consider hotels. Another unique thing about them is they don’t mind lending on portfolios of multiple properties. Cross collateralizing multiple commercial properties can be a complex process, but Avatar has done a number of these transactions.

Here are some of their lending guidelines:

  • Loan Amounts from $500K to $25M
  • Core Properties and Hotels
  • LTV up to 70%
  • LTC up to 70% (for value add projects)
  • Interest Rates: 8.99% to 9.99%
  • Loan Term: 0 to 24 months

Avatar Financial Group is very good about publishing their funded deals, and you’ll find a number of transactions posted on their profile page.


BridgeCore Capital Logo

BridgeCore Capital is a newer lender in the market but offers a very unique payment structure that no other bridge lenders on our platform offers. They call it “Pay Rate Protection,” and it enables the borrower to make interest payments of just 4.99% during the loan term, and the rest is deferred until the loan pay-off. This is not offered for all loan requests; sometimes it makes more sense to go with a standard interest payment structure.

BridgeCore’s origination fees are typically lower than their competitors. They typically charge 1.0 to 1.5 points. They will only consider core property types in primary markets, and their max LTV is 65%. They don’t offer any additional funds for rehab value-add projects.

With BridgeCore Capital, recourse is almost never required. They are able to do their own valuation for most deals, so an appraisal is rarely required. Unlike most other bridge lenders, they will allow a junior lien in the capital stack. The company is based in Beverly Hills but lends throughout the United States.

Here are some of their lending guidelines:

  • Loan Amounts: $1M to $30M
  • Interest Rates: 6.99% to 9.99%
  • Origination Fee: 1 to 2 points
  • Core Properties only – Multifamily, Retail, Office, Industrial
  • LTV up to 65% LTV
  • Loan Term: 6 to 18 months
  • No Prepayment Penalty

We have had a relationship with the company’s Principal, Elliot Shirwo, since 2012 when he worked with another bridge lender in Los Angeles. Elliot is very well known in the CRE brokerage community and has a great reputation.


owemanco logo

Ontario Wealth Management Corporation, more commonly known as Owemanco,  is based in Toronto and was established in 2001. Although they are a Canadian company, most of their lending is done in the United States. Their interest rates have historically been more competitive than their competitors in certain markets. Owemanco funded bridge loans in many states, but their favorite markets are New York City, Chicago and Miami. In these 3 markets, they will consider ground-up construction and heavy rehab loans. For all other areas, they only do standard purchase and refinance bridge loans but will consider some specialty property types such as hotels, healthcare, automotive, and others.

Unlike most other CRE bridge lenders, Owemanco does not charge a large deposit when the initial term sheet is executed. Instead, they charge a modest fee just to cover travel expenses for the site visit. For most deals, they rely on price opinions from local brokers and don’t typically require formal appraisals. They are very comfortable lending to foreign real estate investors, especially Canadians.

Here are some of their lending guidelines.

  • Loan Amounts: $1M to $20M
  • Interest Rates: 7% to 9%
  • Origination Fee: 1.5 to 2.5 points
  • LTV up to 65% LTV
  • Loan Term: 12 to 36 months
  • No Prepayment Penalty

Owemanco has been listed on our platform since 2014, longer than any other CRE lender in our network. We visited their office in Toronto and shot some videos which you’ll find on their profile page.


Typical Terms for CRE Bridge Loans

Here are some of the typical guidelines and characteristics of most commercial real estate bridge loans in the United States:

  • Average maximum LTV is typically 70%
    • Up to 75% for multifamily in primary markets
    • Up to 65% for office, retail, industrial
  • Loan Term ranges from 6 months to 3 years
  • Interest Rates range from 7.5% to 10%
    • May go up to 12% for value add projects or specialty property types
  • Origination Fees (points) range from 1 to 3 points
  • Personal Guaranty may be required, although some lenders never require recourse

Click the buttons to view each lender’s profile. Contact us if you’d like any lender recommendations, or search for other CRE lenders here on our website.