Commercial Bridge Program
CounterpointeSRE provides a one-stop solution to meet our clients’ needs to finance sustainable buildings.
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
Financing Parameters
| LOAN AMOUNT | $15 million to $65 million; larger loans considered |
| LOAN TERM | Up to 5 years (including extensions) |
| CLOSING TIMELINE | 45-60 days |
| MARKETS | Top 100 MSAs and select secondary markets |
| RATE TYPE | Floating over 1M Term SOFR |
| IN-PLACE DSCR AND DY | No minimum DSCR or debt yield required |
| FEES | Origination, exit and extension fees may apply |
| LEGAL FEES | Generally, less than $50,000 per loan |
| 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 any extension term |
| 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 | Spread maintenance for a portion of the initial loan term; no lockout |
Full-Stack Financing Available
Combine C-PACE assessment and Bridge Mortgage to reduce financing costs and to provide refinance flexibility.