Commercial Bridge Program

CounterpointeSRE provides a one-stop solution to meet our clients’ needs to finance sustainable buildings.

Big building with an obelisk in front

Loan Purpose

  • Recapitalizations
  • Acquisition and refinance
  • Pre-stabilization: low occupancy, lease-up deals
  • Pre-TCO or ramp loans on new construction
  • Value-add rehabilitation

Property Types

  • CORE: Conventional multifamily, industrial, student housing, manufactured housing, affordable housing,  senior housing (IL/AL/MC), skilled nursing facilities,  hospitality, and retail
  • NON-CORE: Office,  specialty real estate, and data centers
  • GREEN: CounterpointeSRE will underwrite properties with sustainability features

Full-Stack Financing Available

Combine C-PACE assessment and Bridge Mortgage to reduce financing costs and to provide refinance flexibility.

Financing Parameters

Loan Amount

$15 million to $50 million; larger loans considered

Loan Term

Floating: Up to 5 years (including extensions)
Fixed: 3-5 years

CLOSING TIMELINE

45-60 days

MARKETS

Top 100 MSAs and select secondary markets

RATE TYPE

Floating: Spread over 1M Term SOFR
Fixed: Spread over 3 or 5 year Treasury

IN-PLACE DSCR AND DY

Floating: No minimum DSCR or debt yield required
Fixed: 1.0x, 6.5%

FEES

Origination, exit and extension fees may apply

MAXIMUM LTV

Will consider up to 75% LTV on pro-forma stabilized value

AMORTIZATION

Interest only during initial term; amortization on case-by-case basis during extensions

FUTURE ADVANCES

Capital expenditures and additional reserves as needed; funded according to Sponsor’s business plan

EARNOUTS

Available

MONTHLY ESCROWS

RE taxes (including C-PACE), insurance and replacement reserves

RECOURSE

Non-recourse with standard carve-outs; additional guarantees may be required

PREPAYMENT

Floating: Spread maintenance for a portion of the initial loan term; no lockout
Fixed: Yield maintenance with 12-month open window