CONSTRUCTION AND BRIDGE LOANS
R3 Funding can help clients access construction and bridge loan finance programs providing developers with an non-recourse option for development and heavy lift renovations, when local banks fall short. R3 Funding can combine this with the typical non-recourse permanent financing ("take-out"), to create a "one stop shopping" solution for today's modern developer.
| Type | Construction and Bridge Loan Program |
|---|---|
| Loan Amount | $10MM - $100MM |
| Loan-to-Cost | Up to 85% |
| Amortization | Interest Only |
| Rate | Competitive financing as low as 250bp over SOFR |
| Loan Term | 12-36 months |
| Property Types | Multifamily, MHC's, Office, Industrial, Self Storage, Retail, Hotel |
| Geography | Primary and Secondary Markets |
| Recourse | Non-Recourse with Completion Guaranty |