Underwrite the opportunity
We review sponsorship, property performance, business plan, and priorities before approaching the market.
Industrial real estate has outperformed every other commercial property type over the past decade, driven by e-commerce distribution demand, nearshoring manufacturing, and last-mile logistics constraints in infill markets. This performance has made industrial the most competitive bridge lending category outside of multifamily, with debt funds and bridge platforms actively seeking well-located industrial assets. Typical bridge scenarios include acquiring a vacant or partially vacant industrial building, improving the asset, and stabilizing with credit tenants before refinancing into a CMBS, life company, or permanent bank loan. Sale-leaseback structures and owner-user acquisitions in SBA-ineligible situations also drive demand for industrial bridge capital.
Structure before pricing: leverage, recourse, reserves, prepayment, and closing certainty can matter as much as the headline coupon. We test those trade-offs before recommending a path.
We do not treat the lender list as a directory. We target the desks whose current appetite fits the asset, sponsorship, market, and business plan, then compare the full execution, not only the rate.
| Capital source | Where it may fit |
|---|---|
| Debt Funds | Flexible capital for transitional, complex, leveraged, or time-sensitive executions where conventional credit boxes may not fit. |
| Bridge Lending Platforms | Flexible short-term capital for acquisition, lease-up, renovation, repositioning, or other transitional business plans before stabilization or sale. |
| Commercial Banks | Relationship-oriented capital that can offer local market knowledge and structural flexibility, with recourse often considered. |
| Life Insurance Companies | Long-duration fixed-rate capital for high-quality assets and experienced sponsors, generally with conservative leverage. |
| CMBS Conduits | Non-recourse execution with broad property appetite, balanced against more standardized servicing and prepayment provisions. |
We position the transaction, identify the lenders most likely to compete, and compare proposals on economics and execution risk, not just headline rate.
A well-structured financing process should create real choices for the borrower, not simply deliver the first term sheet.
We review sponsorship, property performance, business plan, and priorities before approaching the market.
The transaction is matched to lenders whose current appetite fits the property, market, and structure.
Proposals are evaluated across rate, proceeds, recourse, reserves, prepayment, and closing certainty.
We coordinate lender diligence, third-party reports, and issue resolution until the loan funds.
We arrange industrial bridge financing nationwide while matching each transaction to capital sources active in that market and property type.
The final structure depends on the asset, sponsorship, and market. These are the starting parameters we discuss most often.
Working out equity? Our commercial property down payment guide covers typical requirements by loan type: 20% to 30% conventional, 10% for SBA owner occupied.
Short-term financing for warehouse, distribution, flex, manufacturing, and last-mile logistics properties that are vacant, partially leased, or being repositioned. Terms run 12 to 36 months, interest-only, with non-recourse available. The loan funds the acquisition and improvements, and is repaid when the asset is leased and refinanced into permanent debt or sold.
Rates generally run 7.25% to 11.50%, interest-only, with leverage up to 75% of cost and loan sizes from $2 million to $75 million and above. Capital comes from debt funds, bridge platforms, banks, life companies, and CMBS conduits. Commercial Lending Solutions arranges these loans and matches each deal to the lenders active in that submarket.
Industrial bridge leverage tops out around 75% of cost versus 80% for apartments because industrial cash flow is tenant-concentrated. A single vacancy in a 200,000 square foot box takes income to zero, while an apartment property loses one unit of many. Lenders size to that binary risk and to re-tenanting time in the submarket.
Fourteen to thirty days is typical. Environmental diligence is the usual constraint: former manufacturing, auto, dry cleaning, or fuel storage uses often trigger a Phase II, which adds two to four weeks and can change loan sizing. Ordering the Phase I the day the contract is signed protects the timeline.
Yes. Vacant and partially vacant industrial is a core use case, though lenders will hold back proceeds in an interest reserve and a leasing reserve funded at closing. Sizing keys off stabilized value and market rent comparables rather than in-place income, so the leasing assumptions in your model get tested hard.
Share the property and financing request. We will respond within 24 hours with an initial view.