Program workspace

“Yes. Hotel bridge loans are commonly used for hotel acquisitions that require PIP renovation, brand-flag conversion, or stabilization. Typical structure: 12–24 month term, floating rate at 8.5–10%, 65–70% LTC (vs. 75% multifamily bridge). Exit into SBA 504 (owner-operator), conventional hotel CtP, or hotel CMBS at stabilization.”

“Yes. Multifamily properties are one of the most commonly financed asset classes in hard money commercial lending. Investors regularly use hard money to acquire underperforming apartment buildings, fund unit renovations, stabilize occupancy, and refinance into permanent financing. Loan amounts for multifamily hard money transactions typically range from $500,000 to $25 million or more, depending on the lender.”

“Check property type specialization. A lender who primarily funds residential fix-and-flips may not understand the underwriting nuances of a 200-unit multifamily repositioning or an industrial warehouse conversion. Seek lenders with demonstrated expertise in your specific property type.”

“Final documentation and closing procedures. Funds are typically disbursed within days of closing Apply for a Loan”

“Final documentation and closing procedures. Funds are typically disbursed within days of closing Apply for a Loan”

“Final documentation and closing procedures. Funds are typically disbursed within days of closing Apply for a Loan”

“We prepare final loan documents, open escrow, and coordinate closing. Funds are released once closing requirements are met View full process”

“Build Big. Finance Smarter Fund ground‑up or renovation projects with commercial real estate construction loans — draw‑based, interest‑only financing tailored to your timeline and budget Apply for a Loan”

“Commercial Real Estate Bridge Loans — Fast & Flexible When timing matters, Bridge Loans offer the speed and flexibility your business needs. Whether you’re acquiring new property, refinancing, or waiting on long-term financing, our solutions keep your plans on track Apply for a Loan”

“A full suite of commercial real estate loans designed to match your project”

“A full suite of commercial real estate loans designed to match your project”

“Flexible Commercial Real Estate Loans for Growing Businesses Our CRE loans combine competitive, market-indexed pricing with creative structures, giving entrepreneurs the capital they need Apply for a loan”

“Commercial real estate loans provide capital to buy, build, or refinance income-producing and owner-occupied properties. Structured around your business plan and cash flow, CRE financing helps you secure the right space, optimize debt service, and build long-term equity”

“Five mistakes: Starting perm refi process too late. Sponsors who start at month 21 of a 24-month bridge face extension fees + execution pressure. Start 6+ months before bridge maturity. Underestimating the stabilization NOI requirement. Perm refi underwrites trailing actual NOI, not projected. Properties that hit 85% occupancy when the underwriting required 92% face refi sizing issues. Defaulting to conventional bank perm when agency would be dominant. Stabilized multifamily 5+ units almost always belongs at agency, not bank conventional. Missing SBA 504 refi eligibility on owner-occupied properties. Bridge acquisitions that convert to owner-operator use at stabilization often qualify for SBA 504 refi — substantially better rate + lower equity than conventional perm. Not planning the perm refi at bridge origination. Bridge loans are structurally short-term; sponsors who plan the perm refi at bridge close (rather than at month 18) avoid the execution-pressure scenarios.”

“Five mistakes: Defaulting to a non-hospitality lender for hotel bridge. Hotel bridge underwriting requires hospitality depth (RevPAR analysis, brand-flag coordination, PIP review). Lenders without hospitality specialization typically quote 100–200 bps higher rates with longer execution. Underestimating PIP timeline and cost. PIP execution typically takes 9–15 months. PIP cost overruns are common; budget 10–15% contingency above brand-approved PIP scope. Sizing equity at 25% instead of 30–35%. Hotel bridge typical equity is 30–35% (65–70% LTC) vs. 25% multifamily bridge. Sponsors who size at multifamily levels land short. Missing operator-experience documentation. Hotel bridge underwriting weights operating experience heavily. Sponsors who don’t document prior hotel closings + currently operating properties get sized at first-time-operator terms (rate premium + lower LTC). Not planning the perm refi exit at bridge origination. Hotels stabilize slower than multifamily — perm refi underwriting takes 90–150 days (longer if SBA 504). Start the perm refi process 6+ months before bridge maturity.”

“Feature Hard Money Lender Private Money Lender Traditional Bank Closing Speed 5–14 days 7–21 days 60–90 days Interest Rates 9–14% 8–15% (negotiable) 5.5–8% Typical LTV 60–80% 50–75% 65–80% Loan Terms 6–36 months 6–60 months 5–30 years Credit Requirements 650+ (flexible) Varies widely 680–700+ Property Types Most CRE types Varies by lender Stabilized, income-producing Underwriting Focus Asset value and deal viability Relationship and asset Borrower financials and asset Regulation State-licensed, established processes Minimal Heavily regulated”

“Construction”

“Construction”

“Construction”

“Construction”

“Construction”

“Construction”

“Construction”

“Flexible capital for ground-up developments, brand conversions, or major property improvements Explore AVANA-IHG Program”

“Construction Loan For ground-up hotel or conversion”