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Bridge & Mezzanine Finance

 

IBS, N.A. offers its bridge loan program to experienced sponsors that need more time to execute their exit strategy or permanent financing. Our program is designed to provide the elasticity of a structured loan while offering the option to secure the most favorable permanent financing that exists for individual business needs. The IBS, N.A. Bridge Program offers commercial real estate investors the opportunity to leverage short-term financing benefits without compromising their equity or long-term ROI, making your financial transition seamless.

 

General parameters include:

Loan Amount
$5,000,000 minimum

Loan Term
Generally 1 to 3 years
Extension options available

Amortization
Determined on a case-by-case basis

Minimum DSCR
0.90 “As Is”
1.20 – 1.25 at exit
Waving  DSCRs requirements considered if payment supported by pre-funded interest reserves.

LTV
Up to 75%

 

LTC
75% as measured by new cash equity in the transaction

Interest Rate
Floating rate over LIBOR index Spread varies based on risk and terms

Recourse
Standard carve-outs

Eligible Property

Multifamily, office, retail, industrial, hospitality and student housing projects located in strong markets with positive demographic, population and employment trends

Sponsorship
Established track record and verifiable liquidity corresponding with transaction

 

Security
First mortgage lien on subject property with limited recourse

Tax and Insurance Escrows
Monthly deposits required

Replacement Reserves
Monthly deposits required

Prepayment
Typically permitted

 

Learn more about our nation-leading investment real estate lending programs via the links below and reach out to a Relationship Manager for more information:

 

Small Balance Commercial

Conventional Commercial Finance

IBS Realtor/Seller CRE Pre-Finance Program

IBS CRE Finance Brochure
Learn why thousands of CRE Owners, Operators & Lenders trust IBS as their sole provider of real estate capital.
IBS CRE Finance Brochure 2-2018 .pdf
Adobe Acrobat document [14.2 MB]

Contact Us

Institutional Banking Services, N.A. CORP

 

Fort Lauderdale Office

Mailing and Appointments

401 E Las Olas Blvd

Suite 1400

Fort Lauderdale, FL 33301

 

Boca Raton Office 

Executive Office

101 Plaza Real S

Suite 222

Boca Raton, FL 33432

 

Capital Funding Solutions Office

2021 Tyler Street 

Suite 208

Hoolywood, Florida 33020

 

 

Phone: +1 954 889-5827

Email:info@myinstitutionalbanking.com

 

Or use our contact form.

Expert Advice & Guidance

Life is full of surprises. Rely on our Relationship Managers and network of Attorney's, CPA's, Real Estate Brokers and Insurance Agents to provide you with sound financial advice that won't leave you scratching your head. We'll explain your options in uncomplicated terms. 

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