BridgeInvest

YOU THINK OUTSIDE THE BOX. SO SHOULD YOUR LENDER.

BridgeInvest is your private real estate lender for properties in the Southeast U.S. and Texas. Our team works with you to finance your deals on your timeline. We use an entrepreneurial approach to find creative solutions that are tailored to your next investment–because your success is our success.

BridgeInvest offers three lending programs designed to meet your financing needs and help you capture market opportunities. In addition to specialty bridge lending, we provide loans for ground-up construction and small balance residential projects.

Property Geographic Area Details

Primary and secondary markets in Florida, Georgia, South Carolina, North Carolina, Texas. Recently expanded to Boston, Nashville, and New York City.

Loan Amounts

$5,000,000 to $100,000,000

Interest Rates

7.99% to 10.99%

Max Loan-To-Value

70%

Max Loan-To-Cost

75%

Origination Fees

1% to 2%

Loan Terms

6 months to 36 months

Lien Position

Loan Purpose

Investment Acquisition
Investment Refinance
Improve Subject Property
Use Equity to Invest in Another Property
Value Add Project
Development Project

Property Occupancy

Vacant
Tenant Occupied 100%
Owner Occupied Commercial

Property Types and Loan Types

Collateral Types

Residential Property
Commercial Property
Commercial Property Ground Lease

Property Types

Commercial Condominium
Commercial Land
Condominium
Healthcare
Hotel
Industrial
Marina
Mixed-Use
Mobile Home Park
Multifamily
Office
Parking Lot
Portfolio of Commercial Properties
Portfolio of Residential Properties
Residential Land
Retail
Senior Housing
Storage Facility
Student Housing

Loan Types

Commercial Bridge
Commercial Property Value Add
Commercial Ground-Up Construction

Specialty Loan Types

Land Development
Note Purchase
Reverse 1031 Exchange
Partner Buyout
Discounted Note Payoff
Bankruptcy Resolution
Foreclosure Bailout
Transactional Funding

Land Loan

Land Types Considered

Residential Land
Multifamily Land
Industrial Land
Office Land
Retail Land
Hospitality Land

Will Consider Land That is NOT Entitled

yes

Existing Land Improvements Required

Street Access
Electricity
Gas
Water

Max LTV for Land

55%

Max LTC for Land Acquisition

60%

Purchase Loan

Max Loan-To-Purchase Price

75%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

Own Cash
Partner
Equity in Subject Property
Equity in Another Investment Property
Seller Financing
Crowdfunding
Family

Rehab Value Add Loan

Experience Required

Minimum Number of Value-Add Projects Completed by Borrower

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

75%

Interest Charged for Renovation Costs

Only on Funds Drawn

Typical Number of Days for Funds Draw

Maximum After Repair Value

70.00%

Construction Loan

Minimum loan amount for ground-up construction loans is $10,000,000

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

Max LTC for Ground-Up Construction Costs

70%

Interest Charged for Construction Costs

Only on Funds Drawn

Will Lend on Partially Completed Construction Projects

yes

Details and Requirements

Typical Closing Time (Days)

Fastest Closing Time (Days)

Works With

Brokers
Borrowers

Payment Structure

Interest Only
Interest Reserve

Pre Payment Penalty

yes

Will lend to a foreign national

yes

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

Borrower Entity Types Considered

LLC
Limited Partnership
Trust
Corporation

Documentation Required

Credit Report
Bank Statements
Financial Statements

Personal Guaranty (Recourse) Required

Sometimes

Credit Check Required

yes

Appraisal Required for Residential Property

Always

Appraisal Required for Commercial Property

Always

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Never

Fees

Deposit Required

$0 to $0

Fees which are mandatory for all new borrower clients

Deposit

Fees which are charged upfront prior to loan closing

Deposit

Fees which are paid to a third party company

Deposit

Legal Disclaimer

Interest rates stated are "+ LIBOR". Rates, fees and other terms are subject to change without notice.

Specialty Bridge Loans

$5 – $100 million
Interest Rate 5.99% – 8.99% + LIBOR
6-24 months + Extensions
LTV up to 69% of Stabilized Value
LTC up to 75%
DSCR not required

Commercial Property Construction Loans

$10 – $100 million
Interest Rate 7.99% – 9.50% + LIBOR
24 months + Extensions
LTV up to 60% of Stabilized Value
LTC up to 70%
DSCR not required

Prime Land Loans (urban in-fill locations only)

$5 – $50 million
Interest Rate 8.50% – 11.00% + LIBOR
12-24 months + Extensions
LTV up to 55% of As-Is Value
LTC up to 60%
Land and Covered Land

BridgeInvest believes in a flexible approach to lending with a focus on problem solving and a tailored analysis of each transaction. We are a leading private real estate lender focused on short-term financing for unique commercial and residential assets throughout the Southeast United States. With over 25 years of on-the-ground experience, our dedicated team has a proven ability to rapidly analyze, structure and manage any loan from origination to payoff. We allocate capital efficiently and reliably through our discretionary fund structure, allowing our borrowers to successfully close real estate transactions on their timeline. Since our inception in 2011, our fully integrated, institutional-quality platform has enabled us to customize financing solutions for our borrowers’ funding needs.

BridgeInvest Values

Ingtegrity
We believe that integrity means always adhering to and executing on the terms agreed upon with our borrowers.

Transparency
We prioritize open communication and full transparency during all stages of the closing process to ensure that each party succeeds.

Relationship
Our main objective is to foster longstanding relationships built on a foundation of trust and an alignment of interests.

Year Established

2011

Office Locations

2601 South Bayshore Drive, Suite 1460, Miami, Florida 33133

Primary Capital Source

Debt Fund We Manage

Alternative Capital Sources

Individual Investors
Family Offices
Single Capital Partner
Other Private Lending Companies
Private Equity Funds
Hedge Funds
Friends & Family
Asset Management Companies
Fund to Fund

Loan Structure for Majority of Loans

Own Balance Sheet

Percentage of company’s lending business focused on private mortgage

100%

Percentage of Loans Secured by Commercial Property

90%

Percentage of Loans Secured by Residential Property

10%

Percentage of Residential Property Loans Which are Fix and Flip

25%

Percentage of Residential Property Loans Which are Buy and Hold

75%

Percentage of Loans Secured by Land

33%

Total Number of Loans Funded to Date

Total Loan Volume Funded to Date

$400,000,000

2017 Number of Loans Funded

2017 Loan Volume Funded

$100,000,000

Jon Gitman

Partner

Jon is a Partner at BridgeInvest, responsible for deal origination, underwriting and expanding the company’s presence in new markets, including Charlotte and Houston. Prior to BridgeInvest, Jon was an Acquisitions Associate with Resource Real Estate where he was charged with the deployment of a $750 million private REIT focused on the acquisition and work-out of non-performing commercial real estate and real estate related debt throughout the United States. In this capacity, Jon was directly responsible for the acquisition of over 20 investments totaling approximately $500 million in value. Jon is a graduate of the Wharton School at the University of Pennsylvania with concentrations in both finance and real estate.

Completed Transactions

Private Loan Funding

Philadelphia, PA

$5,400,000

Commercial Land

Purchase