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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.
Specialty Bridge Loans
$1 – $50 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
$5 – $50 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)
$3 – $30 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
Small Balance Residential Loans (investment properties only)
$500K – $2 million | Interest Rate 7.99% – 8.99% | 12 – 36 months | LTV up to 70% | LTC up to 75% | Full Recourse | Fix & Flip, Refi, Cash Out
Loan Amounts
$1,000,000 to $50,000,000
Interest Rates
7.99% to 10.99%
Max Loan-To-Value
70.00%
Max Loan-To-Cost
75.00%
Origination Fees
1% to 2%
Loan Terms
6 months to 36 months
Lien Position
- 1st
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%
- Tenant Occupied Partial
- Owner Occupied Commercial
Minimum Occupancy Percentage
0%
Property Geographic Area Details
Primary and secondary markets in Florida, Georgia, South Carolina, North Carolina, Texas.Property Types and Loan Types
Collateral Types
- Residential Property
- Commercial Property
- Commercial Property Ground Lease
Property Types
- 2-4 Units Residential
- 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
- Single Family Residence
- 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
yesExisting Land Improvements Required
- Street Access
- Electricity
- Gas
- Water
Max LTV for Land
55.00%Max LTC for Land Acquisition
60.00%Purchase Loan
Max Loan-To-Purchase Price
75.00%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
noWill Consider Lending on Purchase from Auction
yesAllowed 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
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
75.00%Interest Charged for Renovation Costs
Only on Funds DrawnTypical Number of Days for Funds Draw
5Construction Loan
Development Experience Required
yesMinimum Number of Ground-Up Construction Projects Completed by Borrower
1Max LTC for Ground-Up Construction Costs
70.00%Interest Charged for Construction Costs
Only on Funds DrawnWill Lend on Partially Completed Construction Projects
yesDetails and Requirements
Typical Closing Time (Days)
14Fastest Closing Time (Days)
5Works 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
yesWill Consider Collateralizing Multiple Properties in One Loan
yesWill Consider Equity Joint Venture
no
Borrower Entity Types Considered
- LLC
- Limited Partnership
- Trust
- Corporation
Documentation Required
- Credit Report
- Bank Statements
- Financial Statements
Personal Guaranty (Recourse) Required
SometimesCredit Check Required
yesAppraisal Required for Residential Property
AlwaysAppraisal Required for Commercial Property
AlwaysBroker Price Opinion (BPO) Accepted for Residential Property
SometimesBroker Price Opinion (BPO) Accepted for Commercial Property
NeverFees
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.
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.
Established
2011
Office Locations
2601 South Bayshore Drive, Suite 1460, Miami, Florida, 33133Primary 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 Residential Property Loans Which are Owner-Occupied
0%
Percentage of Loans Secured by Land
33%
Percentage of Loans Secured by a Business (not real estate)
0%
Percentage of Commercial Property Loans Which are Ground-Up Construction
0%
Percentage of Residential Property Loans Which are Ground-Up Construction
0%
Percentage of Residential Property Loans Which are Long-Term Rental (5+ years)
0%
Total Number of Loans Funded to Date
50
Total Loan Volume Funded to Date
$400,000,000
2017 Number of Loans Funded
15
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.
Loan Request
Completed Transactions
BridgeInvest
Tewksbury, MA
$6,800,000
Commercial Property Value Add
BridgeInvest
Miami Beach, FL
$25,000,000
Commercial Ground-Up Construction
BridgeInvest
Delray Beach, FL
$7,975,000
Residential Rehab
BridgeInvest
Fort Lauderdale, FL
$10,000,000
Refinance
BridgeInvest
Miami, FL
$33,000,000
Refinance
BridgeInvest
Doral, FL
$24,250,000
Commercial Ground-Up Construction
BridgeInvest
Miami Beach, FL
$5,200,000
Commercial Property Value Add
BridgeInvest
Palm Beach, FL
$11,500,000
Residential Ground-Up Construction
BridgeInvest
Savannah, GA
$2,200,000
Purchase
BridgeInvest
Charlotte, NC
$40,000,000
Commercial Ground-Up Construction
BridgeInvest
Atlanta, GA
$6,000,000
Purchase
BridgeInvest
Houston, TX
$14,000,000
Commercial Property Value Add
BridgeInvest
San Antonio, TX
$11,000,000
Refinance
BridgeInvest
Aventura, FL
$5,500,000
Refinance
BridgeInvest
Delray Beach, FL
$11,237,500
Purchase
BridgeInvest
Homestead, FL
$8,000,000
Refinance
BridgeInvest
Miami, FL
$4,650,000
Commercial Ground-Up Construction
BridgeInvest
Orlando, FL
$7,000,000
Commercial Property Value Add
BridgeInvest
Dallas, TX
$2,200,000
Refinance
BridgeInvest
Miami, FL
$16,000,000
Commercial Ground-Up Construction
BridgeInvest
Atlanta, GA
$14,500,000
Commercial Property Value Add
BridgeInvest
Philadelphia, PA
$3,000,000
Purchase
BridgeInvest
Doral, FL
$8,000,000
Refinance
BridgeInvest
Homestead, FL
$3,000,000
Commercial Ground-Up Construction
BridgeInvest
Dania Beach, FL
$3,600,000
Refinance
BridgeInvest
Atlanta, GA
$1,750,000
Purchase
BridgeInvest
Miami, FL
$9,000,000
Refinance
BridgeInvest
Miami, FL
$1,100,000
Residential Fix and Flip
BridgeInvest
Sunny Isles Beach, FL
$3,000,000
Refinance
BridgeInvest
Coconut Grove, Miami, FL
$23,000,000
Purchase
BridgeInvest
Miami, FL
$2,500,000
Purchase
BridgeInvest
Miami, FL
$3,100,000
Purchase
BridgeInvest
Palm Beach County, FL
$36,500,000
Refinance
BridgeInvest
Fort Lauderdale, FL
$1,400,000
Purchase
BridgeInvest
Miami, FL
$1,000,000
Purchase
BridgeInvest
Coconut Grove, Miami, FL
$20,000,000
Purchase
BridgeInvest
Sunny Isles Beach, FL
$3,700,000
Purchase
BridgeInvest
Miami, FL
$3,500,000
Purchase