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Direct Bridge Lender for Commercial Real Estate
RRA strives to deliver customized debt products at institutional pricing for real estate sponsors across the United States. RRA is focused entirely on middle market commercial real estate. Our Core Bridge product goes up to 65-70% LTV, but we also offer a High LTV Bridge Program up to 80-85% for value add projects as well as Mezzanine and Preferred Equity financing.
All Loans are Non-Recourse
- Lending in all 50 U.S. States (Primary, Secondary, Tertiary Markets)
- Property Types: Commercial, Industrial, Multifamily, Retail, Hospitality, Special Purpose
- No Vacant Land
- No Ground-Up Construction
- No Residential Properties
Property Geographic Area Details
Nationwide
Loan Amounts
$2,000,000 to $15,000,000
Interest Rates
4.75% to 8.5%
Max Loan-To-Value
80.00%
Max Loan-To-Cost
85.00%
Origination Fees
0.5% to 2.0%
Loan Terms
12 months to 60 months
Lien Position
- 1st
- 2nd
Loan Purpose
- Investment Acquisition
- Investment Refinance
- Improve Subject Property
- Value Add Project
Property Occupancy
- Vacant
- Tenant Occupied 100%
- Owner Occupied Commercial
Property Types and Loan Types
Collateral Types
- Commercial Property
Property Types
- Assisted Living Facility
- Bed and Breakfast
- Car Wash
- Cinema
- Commercial Condominium
- Condominium
- Gas Station
- Healthcare
- Hospital
- Hotel
- Industrial
- Mixed-Use
- Mobile Home
- Mobile Home Park
- Motel
- Multifamily
- Office
- Portfolio of Commercial Properties
- RV Park
- Retail
- School
- Senior Housing
- Sports Facility
- Storage Facility
- Student Housing
- Theater
Loan Types
- Commercial Bridge
- Commercial Property Value Add
- Mezzanine
- Preferred Equity
Specialty Loan Types
- Condo Conversion
- Reverse 1031 Exchange
- Partner Buyout
- PACE - Property Assessed Clean Energy
Junior Liens
Junior Lien Loan Amounts
$500,000 to $5,000,000
Junior Lien Interest Rates
13.5% to 14%
Junior Lien Loan-to-Value
80.00%
Junior Lien Loan-to-Cost
85.00%
Junior Lien Origination Fees
0.50% to 2.00%
We Fund Junior Position Loans
Rarely
Junior Lien Types
- Mezzanine
- Preferred Equity
Purchase Loan
Max Loan-To-Purchase Price
85.00%Borrower Must Have Property Under Contract
noWill 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
- 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
85.00%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
10Maximum After Repair Value
80.00%Details and Requirements
Typical Closing Time (Days)
30Fastest Closing Time (Days)
10Works With
- Brokers
- Borrowers
Payment Structure
- Interest Only
Pre Payment Penalty
no
Will lend to a foreign national
yes
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
noWill Consider Collateralizing Multiple Properties in One Loan
yesWill Consider Equity Joint Venture
no
Borrower Entity Types Considered
- Individual(s)
- LLC
- Limited Partnership
- Trust
- Corporation
- Non-Profit Corporation
Documentation Required
- Credit Report
- Tax Returns
- Bank Statements
- Financial Statements
Personal Guaranty (Recourse) Required
NeverCredit Check Required
noAppraisal Required for Commercial Property
Always Before FundingBroker Price Opinion (BPO) Accepted for Commercial Property
NeverFees
Deposit Required
$20,000.00 to $45,000.00
Site Visit Fee
$0 to $0
Underwriting Fee
$10,000.00 to $12,000.00
Legal Fee
Minimum Origination Fee Amount
$10,000
Fees which are mandatory for all new borrower clients
- Deposit
- Due Diligence Fee
- Site Visit Fee
- Underwriting Fee
- Legal Fee
- Appraisal Fee
- Escrow Fee
- Credit Report Fee
- Environmental Report Fee
Fees which are charged upfront prior to loan closing
- Deposit
- Due Diligence Fee
- Site Visit Fee
- Underwriting Fee
- Legal Fee
- Settlement Fee
- Appraisal Fee
- Escrow Fee
- Title Fee
- Credit Report Fee
- Background Check Fee
Fees which are paid to a third party company
- Legal Fee
- Appraisal Fee
- Escrow Fee
- Title Fee
- Credit Report Fee
- Background Check Fee
- Environmental Report Fee
Legal Disclaimer
©2019 RRA Capital, All rights reserved. Licensed under the Arizona Dept. of Financial Institutions, RRA Capital Lic # CBK-0922531; NMLS ID#: 972449. This is not an offer to lend. Information is inteded for mortgage professionals only and is subject to change without notice.
RRA Captial provides short term bridge loans and mezz/pref equity nationwide. We are a direct lender focused entirely on middle market commercial real estate to include office, industrial, retail, multifamily, and hospitality. With over $400M AUM, RRA Capital works with some of the most well-respected banks, institutions and borrowers in the world. We strive to deliver customized debt products at institutional pricing for real estate sponsors across the United States.
License
Arizona CBK-0922531, NMLS ID 972449
Company Size (Number of Employees)
18
Year Established
2009
Office Locations
5050 N. 40th Street, Suite 340, Phoenix, Arizona 85018Primary Capital Source
- Own Funds
- Debt Fund We Manage
- Life Insurance Companies
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
100%
Total Number of Loans Funded to Date
465000000
Total Loan Volume Funded to Date
$70
2017 Number of Loans Funded
9
2017 Loan Volume Funded
$70,000,000
2018 Number of Loans Funded
15
2018 Loan Volume Funded
$86,500,000

Ty Vilhauer
Originations Associate

Marcus Goodwin
SVP of Originations
Completed Transactions
RRA Capital
Flagstaff, AZ
$6,500,000
Refinance
RRA Capital
Gresham, OR
$1,625,000
Mezzanine
RRA Capital
Carrollton, TX
$8,000,000
Refinance
RRA Capital
Reno, NV
$5,500,000
Purchase
Principal Investments, Stream Realty Partners
It is clear that RRA has an understanding of our business plan and can think like an owner, which is what we want from our lenders.
John Rogers
Vice President
CBRE
RRA has closed two deals with me in the last 13 months and they are, without a doubt, the best small balance bridge program I’ve dealt with. They’re awesome when it’s crunch time.
C.J. Kelly
Vice President
CopperPoint Insurance
100% of the investments sourced, underwritten and originated by RRA, on behalf of CopperPoint, have performed without default or deterioration.
Chad Welborn
Chief Investment Officer
Our Minimum Loan Amount Is
$2,000,000
What We Do
- Core & Specialty Property Types
- Non-Recourse
- Up to 80% LTV
- 15%+ Cash Required for Acquisitions
Not Available
- NO 100% Financing
- NO Land or Construction Loans
- NO Cannabis-Use Properties
- NO Residential Properties
Loan Request
Our Minimum Loan Amount Is
$2,000,000
What We Do
- Core & Specialty Property Types
- Non-Recourse
- Up to 80% LTV
- 15%+ Cash Required for Acquisitions
Not Available
- NO 100% Financing
- NO Land or Construction Loans
- NO Cannabis-Use Properties
- NO Residential Properties