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Bridge & Mezzanine Finance

 

Through IBS Institutional Capital, IBS Investment Bank 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 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 are considered if payment is 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 the 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 by downloading our brochures and guides and visiting the links below. Reach out to a Relationship Manager for more information:

 

Small Balance Commercial

Conventional Commercial Finance

IBS Power Broker Program

Contact Us

IBS Family of Companies

 

Fort Lauderdale Office

Mailing and Appointments

401 E Las Olas Blvd

Suite 1400

Fort Lauderdale, FL 33301

 

West Palm Beach Office 

The Wagg Building 

215 South Olive Ave

Suite 201

W.Palm Beach, FL 33401

 

 

Capital Funding Solutions Office

2021 Tyler Street 

Suite 208

Hollywood, Florida 33020

 

 

Phone: +1 954 889-5827

Email: Engage@myinstitutionalbanking.com

 

Or use our contact form.

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