Underwrite the opportunity
We review sponsorship, property performance, business plan, and priorities before approaching the market.
Multifamily Bridge financing
Short-Term Bridge Financing for Apartment and Multifamily Assets
Quick answer: Multifamily bridge loans provide short-term capital for apartment acquisitions, value-add renovations, lease-up stabilization, and portfolio repositioning. These 12 to 36-month facilities close in 2 to 4 weeks and offer leverage up to 80% of cost, bridging the gap between acquisition or renovation and permanent agency, CMBS, or bank financing. Minimum loan size is $2 million, targeting 20-unit-and-up assets where institutional capital is active.
NationwideMarket coverage
1,000+Capital relationships
$2MM+CLS engagement floor
24 hoursInitial response
When it fits
When Multifamily Bridge financing fits.
Multifamily remains the most liquid and lender-competitive asset class in commercial real estate, which means multifamily bridge lenders are abundant and terms are competitive. Debt funds, bridge lending platforms, and select commercial banks all compete for well-structured multifamily bridge transactions. The typical use case is an investor acquiring a 30 to 200-unit apartment complex with below-market rents, financing the acquisition and renovation through a bridge loan, stabilizing occupancy, and then refinancing into agency debt (Fannie Mae or Freddie Mac) or a bank term loan at a lower permanent rate. Strong sponsors with proven value-add track records can access the most competitive pricing in this space.
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.
01
Value-add apartment acquisitions requiring renovation and lease-up
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20-unit-and-up multifamily complexes with below-market rents or deferred maintenance
03
Class B and Class C apartment repositioning into Class B+ product
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Multifamily acquisitions where agency financing requires 90-day seasoning
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Build-to-rent (BTR) communities transitioning from construction to stabilized operation
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Investors assembling multifamily portfolios before refinancing into a blanket facility
Lender selection
How We Source Multifamily Bridge Capital
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. |
| Fannie Mae / Freddie Mac (bridge programs) | Programmatic multifamily or housing capital with defined underwriting, documentation, and eligibility requirements. |
How we work
One process. Multiple capital sources.
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.
Target the right lender desks
The transaction is matched to lenders whose current appetite fits the property, market, and structure.
Create a comparable field
Proposals are evaluated across rate, proceeds, recourse, reserves, prepayment, and closing certainty.
Manage execution through closing
We coordinate lender diligence, third-party reports, and issue resolution until the loan funds.
National reach
Market knowledge where the deal requires it.
We arrange multifamily bridge financing nationwide while matching each transaction to capital sources active in that market and property type.
Atlanta, GABoston, MAChicago, ILDallas, TXDenver, COHouston, TXLos Angeles, CAMiami, FLNashville, TNNew York, NYPhoenix, AZSan Diego, CASan Francisco, CASeattle, WATampa, FL
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Questions
Multifamily Bridge financing, clarified.
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 apartment assets that are not yet stabilized: value-add acquisitions, renovation and lease-up, or portfolio repositioning. Terms run 12 to 36 months, interest-only, with non-recourse structures available. The loan carries the property from acquisition through stabilization, then gets refinanced into agency, CMBS, or bank permanent debt.
Rates generally run 7.00% to 11.50%, interest-only, with leverage up to 80% of cost including renovation dollars. Loan sizes start at $2 million and reach $75 million and above. Multifamily draws the deepest bridge lender pool of any property type, so pricing on a clean, well-sponsored deal sits at the low end of that range.
Underwriting centers on the business plan: current rent roll versus achievable market rents, the renovation budget per unit, the projected lease-up pace, and whether the stabilized net operating income supports an agency or bank takeout. Sponsor track record on comparable repositioning matters as much as the asset, and liquidity plus net worth tests apply.
Fourteen to twenty-eight days is typical. The gating items are third-party reports (appraisal, property condition, environmental), unit-level access for inspection, and a clean rent roll with trailing operating statements. Deals slip when the seller controls site access or when the rent roll and bank deposits do not reconcile.
Yes, and that is the intended exit for most of these deals. Agency lenders generally want 90 days of stabilized occupancy, usually 90% physical with trailing collections to prove it, before quoting. The common mistake is a 12-month bridge term on a renovation plan that realistically needs 18 to 24 months plus seasoning.
Let's evaluate the right multifamily bridge structure.
Share the property and financing request. We will respond within 24 hours with an initial view.