Alabama Bridge Lenders for Commercial Real Estate
Are you seeking short-term financing secured by commercial real estate in Alabama? On this page you'll find a list of select CRE Bridge Lenders that can finance a Alabama property purchase, 1031 exchange, refinance, or equity cash out in 1st lien position. We have a separate page for lenders that can fund a rehab / value-add project. The maximum loan-to-value for most CRE bridge loans is 70%, and some lenders can go up to 75% for retail and industrial properties. The max LTV is typically much lower for office, hotels, and specialty property types.Searching...
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PIM Rapid Lending
Direct Lender for Small Balance CRE Bridge Loans
Commercial Capital BIDCO
Your go-to commercial bridge loan provider for urgent opportunities.
Wilshire Finance Partners
Commercial Real Estate Loans | Bridge & Value-Add | 1st or 2nd Lien
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
Yieldi LLC
Direct, Reliable Lender for Investment Properties
Sherpa Capital Group
Entrepreneurial Private Lender for All Types of Commercial Properties
ROK Lending
Fast flexible CRE bridge financing nationwide and Puerto Rico, with speed and certainty
Funded CRE Bridge Loans in Alabama
1031 Exchange Bridge Loan for NNN Retail Building in Dothan, Alabama
$572,000
Gelt Financial, a direct CRE lender, funded a $572K bridge loan for the purchase of a NNN retail property in Dothan, Alabama. It was occupied by PopShelf, a subsidiary of Dollar General. The Borrower was up against a tight timeframe with a 1031 exchange, and they needed a reliable lender. We were able to close the deal in just two weeks, allowing the borrower to complete their 1031 transaction before the deadline. The purchase price was approximately $1.9MM. The Borrower contributed 70% cash from the sale of another property through the 1031 exchange, and Gelt funded the remainder which is a very conservative 30% LTV. We charged 11% interest and set the loan term at 24 months, which provides more than enough time to find permanent financing that will pay off our 1st mortgage. This CRE bridge loan was funded in October 2022.
