Trinity Street Capital Partners offers bridge loans for commercial real estate projects for a wide range of property types and across all 50 states. Funds can be utilized for the acquisition or refinance of commercial property and are geared towards creating “runway” for the TSCP permanent finance programs.
Large Loan
Loan Amount:
$5MM and up
Loan Term:
2-3 years
Property Types:
Multifamily, Mobile Home Community, Office, Industrial, Self-Storage, Retail, Hotel
Lien Type:
First Mortgage/ Deed of trust
Loan-to-Value:
Up to 75% of appraised value
DSCR:
Subject to deal quality.
Origination fee:
1% and up
Exit Fee:
1% and up
Prepayment:
Generally None
Recourse:
Non-recourse, subject to standard carve-outs
Rate:
Competitive LIBOR Rate based financing