17Mar
A debt fund is a pool of capital that is used to finance commercial real estate projects. This type of fund is typically managed by a team of professionals who are responsible for sourcing, underwriting, funding, and servicing the loans. Debt funds are an alternative to traditional commercial real estate financing, such as banks, credit unions and other lending institutions. They offer several benefits, including the ability to provide flexible, non-traditional financing options, the potential for higher returns, and the ability to invest in a diversified portfolio of properties. These types of loans are typically used as a short-term (bridge) option to finance construction or renovations projects and give them time to stabilize. Once stabilized, debt fund loans are usually taken out via a sale or refinance from a permanent lender.
Depending on property class, location, goals and time frame, TBC can provide a Short Term Bridge Loan from one of our many debt funds in as quick as 10 days. Typical closing times for these across all scenarios is 20-30 days.
Depending on a multitude of factors, we work diligently to match your unique project to one of capital sources.
As of March 17 2025, Current Rates range from:
8.80%-12.99% for loan $500K-$25M, non recourse available, All locations in continental United States considered. Typical terms are anywhere from 6 Months to 3 Years.
If you would like to discuss your project more in depth, please feel free to call us at 302-478-7500 during business hours 8AM-6PM M-F. If you have an urgent matter to discuss please call 302-583-2915 or comment below and we will assist.
Comments
