Interim/ Bridge

  • Short Term Floating Rate

  • $5M – $20M

  • 6-24 Month Terms

  • Extension Options

  • Interest Only

  • Selective Large Loans $20M+


  • No prepayment penalty
  • Multiple / staged funding
  • Minimal recourse requirements
  • LIBOR based pricing
  • Collateral enhancements
  • Anticipated conversion to permanent, long term, fixed rate

Guidelines

  • Min DSC 1.25
  • Max LTV 70% to 75%
  • Asset Quality: A, B
  • Primary markets Only
Best Bets
  • Pre-stabilized apartments
  • Multi-tenant industrial
  • Multi-tenant office
  • Anchored retail with minor renovation / repositioning
Not Likely
  • To be built properties
  • Hotels / specialized properties
  • Single tenant properties

Multifamily Financing Overview

Multifamily Financing OverviewProperty Types Financed
Typical Loan Structure

Recent Deals

View Madderra, Cazalot
& Head's Recent Closings

Recent Deals

Multifamily Reports

MUL_2015_Fall_thumbA comprehensive data base of over 90,000 multi-family units throughout Louisiana and the Mississippi Gulf Coast area. Learn More