Commercial Bridge Program
CounterpointeSRE provides one-stop solution to meet our clients’ needs to finance sustainable buildings.
Bridge Mortgage
C-PACE Assessment
Full-Stack Financing
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 | $8 million to $50 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 |