Skip to content

Bridge Loans Terms

Eligible Markets Nationwide in primary, secondary, and qualifying tertiary markets
Property Types Office, retail, industrial, multifamily, self-storage, student housing, mixed-use, and single tenant with lease considered when guaranteed by investment grade credit
Status Transitional, un-stabilized existing buildings (no ground-up construction)
Quality Class A and Class B. Class C considered on a deal-by-deal basis
Loan Type Fixed or floating rate structure
Loan Amount $5 million-$50 million+ per property/ Loan portfolios up to $200 million
Loan Terms 2-7 years with extensions
LTV Best pricing up to 70% loan-to-value (LTV); Stretch LTV up to 80%
DSCR Sub-1.0% going into debt-service coverage ratio (DSCR) acceptable; No debt service required for strong sponsors
Loan Spreads Competitive spreads, call for pricing
Loan Fees 1.0% / 1.0% with possible exit reduction when transitioning to an A10 permanent loan
Amortization Interest only
Rate Lock Early rate lock available
Future Facilities CapEx, tenant improvement/leasing commission (TI/LCs), and future rollover facilities available
Sponsor Borrower Creditworthy individual(s) or entity acceptable to lender with sufficient liquidity and net worth; Foreign nationals acceptable
Recourse Non-recourse, subject to industry standard “bad boy” carve outs
Prepayment Prepay at any time with minimum months of interest
Closing 30-45 days from signed application and good faith deposit
Servicing All loans serviced in-house for the life of the loan by the A10 Capital Asset Management Team; No hidden servicing fees.
Unacceptable Property Types Single family residence (SFR), hospitality, owner-occupied, ground up construction, specialty properties, hospitals, schools, churches, etc.