Underwrite the opportunity
We review sponsorship, property performance, business plan, and priorities before approaching the market.
Office Bridge financing
Bridge Financing for Office Acquisitions and Conversions
Quick answer: Office bridge loans provide short-term capital for office building acquisitions, adaptive reuse conversions, and repositioning plays in a market fundamentally reshaped by remote work. These 12 to 36-month facilities are designed for investors buying distressed or vacant office assets at steep discounts and executing conversion or value-add strategies before refinancing into permanent debt. Minimum loan size is $2 million.
NationwideMarket coverage
1,000+Capital relationships
$2MM+CLS engagement floor
24 hoursInitial response
When it fits
When Office Bridge financing fits.
The office market bifurcation of the post-2020 era has created the most compelling distressed acquisition opportunity in commercial real estate: well-located, functionally obsolete suburban office buildings trading at 40 to 70 cents on the dollar relative to replacement cost. Investors executing office-to-residential conversions, creative office repositioning, or medical office upgrades can acquire these assets at deep basis and create meaningful value. Traditional lenders have largely exited office bridge lending, creating a significant gap filled by specialized debt funds and private lenders who understand the conversion thesis and can underwrite to stabilized value rather than current income. Deals that combine a strong conversion plan, experienced sponsorship, and sub-replacement-cost basis are finding active bridge lender interest.
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
Distressed office acquisitions at deep discount to replacement cost
02
Office-to-residential adaptive reuse conversion projects
03
Class A trophy office acquisitions requiring repositioning and lease-up
04
Medical office conversion plays near major hospital systems
05
Creative office and life science conversions in innovation districts
06
Office portfolio acquisitions where permanent financing requires stabilization
Lender selection
How We Source Office 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. |
| Private Lenders | Flexible capital for transitional, complex, leveraged, or time-sensitive executions where conventional credit boxes may not fit. |
| Specialty Office Lenders | Program-specific capital evaluated for current appetite, proceeds, pricing, recourse, flexibility, and certainty of close. |
| Bridge Lending Platforms | Flexible short-term capital for acquisition, lease-up, renovation, repositioning, or other transitional business plans before stabilization or sale. |
| Family Offices | Program-specific capital evaluated for current appetite, proceeds, pricing, recourse, flexibility, and certainty of close. |
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 office 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
Browse all markets →
Questions
Office 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.
An office bridge loan is short-term financing, typically 12 to 36 months, used to acquire, reposition, or convert an office building before it qualifies for permanent debt. It funds vacant and distressed office acquisitions, lease-up, and adaptive reuse plans, with repayment coming from a refinance or sale once the business plan is executed. Minimum loan size is $2 million.
Pricing runs 8.00% to 13.00% on interest-only terms of 12 to 36 months, with loan sizes from $2 million to $50 million and above. Closings typically take 14 to 30 days. Rate depends on going-in occupancy, credibility of the lease-up or conversion plan, and sponsor experience. Vacant assets and speculative conversions price at the top of the range.
Leverage generally reaches 70% of total cost, including purchase price, capital expenditure budget, and interest reserve. Because vacant office produces no income, lenders size to as-stabilized value and to a basis test measured against replacement cost, not to current cash flow. Sponsors typically bring 30% or more equity, and the interest reserve is funded at closing.
Debt funds, private lenders, specialty office lenders, bridge platforms, and family offices carry this market. Most regional banks stopped writing new office bridge paper after the 2020 demand shift, so the active capital is non-bank. These lenders underwrite the conversion or repositioning thesis rather than trailing office income, which is why a credible business plan matters more than historical occupancy.
Basis. Lenders underwrite the purchase price against replacement cost and against realistic post-stabilization value, so a deal bought at a price the seller wants rather than at a true discount will not clear. The second failure point is an interest reserve sized to an optimistic lease-up curve, which leaves the loan short of cash before the property stabilizes.
Let's evaluate the right office bridge structure.
Share the property and financing request. We will respond within 24 hours with an initial view.