Commercial Bridge Loans and Mezzanine Financing

Commercial Bridge Loans, Senior and Mezzanine

When timing matters more than a perfect long-term structure, a bridge solves the gap. We advise on and arrange commercial bridge loans across senior secured and mezzanine layers for acquisitions, refinances, recapitalizations, construction-to-perm transitions, and urgent payoffs. For a wider view of sponsor-side financing, see Real Estate Financing and our Structured Private Credit page.

A bridge loan is time-boxed capital designed to get you to the next event: stabilization, refinance, sale, tenant move-in, construction completion, or asset repositioning. The deal wins on a clean takeout plan, controllable execution risk, and sponsor credibility. We underwrite the property and business plan, design the capital stack, prepare lender-grade materials, and run a controlled term sheet process to closing. If you are evaluating credit structures, read unitranche for Commercial Real Estate and loan guarantees.

Scope of Services

Underwriting

  • PSA or refinance summary review and timeline risk mapping
  • Current NOI, in-place cash flow, and stabilized underwriting case
  • Capex plan, lease-up assumptions, and downside stress checks
  • Sponsor review: liquidity, track record, guarantees, and reporting readiness

Structure Design

  • Senior bridge sizing: leverage band, interest-only profile, reserves, and covenants
  • Mezzanine sizing: intercreditor expectations, payment profile, and protections
  • Takeout plan positioning: perm refinance, sale, construction completion, or recap
  • Security and controls: cash management, lender consents, reporting cadence

Lender-Ready Package

  • Investment memo built for credit committees and IC review
  • Model exhibits: sources and uses, capex schedule, NOI bridge, DSCR sensitivity
  • Data room structure and diligence checklist mapped to lender workflows
  • Execution plan: timeline, contractors, leases, permits, and key dependencies

Placement and Closing Support

  • Target lender list by asset type, leverage band, and jurisdiction
  • Q&A management, follow-ups, and timetable discipline tied to close date
  • Term sheet comparison across senior and mezzanine layers
  • Closing coordination with counsel and third parties through funding

Common Use Cases

  • Acquisition close when the takeout lender is not ready within the PSA timeline
  • Refinance of maturing debt with a plan to stabilize NOI or complete capex first
  • Lease-up bridge for vacancy reduction and tenant improvements
  • Construction-to-perm transition or delayed takeout approval
  • Recapitalization to extend runway while repositioning or selling
  • Urgent payoff or lien cleanup where timing is the primary constraint

If your mandate is a larger recap or portfolio-level transaction, see Commercial Real Estate portfolio securitization as a longer-term capital market path, and private credit for non-bank execution options.

Senior and Mezzanine Structures We Coordinate

  • Senior secured bridge loans with interest-only periods and structured reserves
  • Senior bridge with future funding for capex, TI, and leasing, subject to milestones
  • Senior plus mezzanine stacks when leverage is required and the takeout story is credible
  • Mezzanine loans with intercreditor agreements and negotiated cure rights
  • Preferred equity alternatives when mezzanine constraints or covenants are too tight
  • Bridge-to-perm or bridge-to-sale paths with documented takeout milestones

For underwriting prep, review how to underwrite a Commercial Real Estate deal and qualification requirements.

Lender Network and Execution Approach

Bridge lending is a speed game, but it still has to survive credit. Our lender coverage spans private credit funds, real estate debt funds, specialty bridge lenders, and structured credit providers that can underwrite the asset, the sponsor, and the takeout path. We run targeted distribution, not mass outreach. The goal is executable term sheets you can close, not paper you cannot.

  • Lender matching by asset type, leverage band, jurisdiction, and timeline
  • Tight memo and data room that answers questions before they are asked
  • Term sheet selection focused on covenants, reserves, controls, and close probability
  • Closing coordination so conditions do not drift and timelines do not blow out

Eligibility and Dossier

Best Fit

  • A defined close date or maturity event with a real reason for bridge timing
  • A credible takeout plan and milestones the lender can verify
  • Sponsor has liquidity buffer and can operate under reporting and controls
  • Asset plan is executable: permits, contractors, leases, and capex are mapped

Core Dossier

  • PSA or payoff statement, current debt schedule, and timeline
  • Rent roll, trailing operating statements, and property narrative
  • Capex plan with schedule, contractor details, and budget support
  • Market comps and leasing plan where relevant
  • Sponsor profile, liquidity proof, and execution team summary

If your equity contribution is still being shaped, see minimum equity required to buy Commercial Real Estate and how lenders evaluate sponsor strength.

Process

Intake

Mandate signed and dossier reviewed. We confirm timeline, use case, target proceeds, takeout plan, and constraints on structure, guarantees, and covenants.

Underwrite and Package

We build the memo and model exhibits, then structure the data room with a diligence checklist designed for bridge and mezzanine credit teams.

Structure and Outreach Plan

We finalize the senior and mezzanine stack logic, reserves, covenants, and controls. We then build the lender shortlist and outreach sequence tied to your close date.

Term Sheets and Selection

We manage Q&A and track term sheets. Selection is based on proceeds, covenants, reserves, intercreditor terms, and probability of funding on time.

Closing and Funding

We coordinate closing with counsel and third parties, track conditions precedent, and support funding logistics through close.

Pricing Guidance

  • Advisory retainer from USD 59,500 based on complexity, leverage, and timeline
  • Larger portfolios and multi-asset mandates are priced based on diligence load and process design
  • Success fees are confirmed in the engagement letter and depend on closed capital and structure
  • Third-party costs may include legal drafting, appraisal, engineering, environmental, and insurance advisory

A bridge is not cheap money. It is money that saves the deal and buys time, with controls. If the takeout plan is weak, the pricing goes up and proceeds go down.

Request Commercial Bridge Loan Terms

Share your PSA or payoff statement, rent roll, operating statements, capex plan, takeout plan, and target close date. We respond with eligibility and next steps.

Include your target proceeds, existing debt, sponsor liquidity, and any constraints on guarantees. We act as advisor and arranger and coordinate execution through regulated counterparties where lending or securities intermediation is required.

Request A Quote

All transactions are subject to KYC and AML, sanctions checks, credit approvals, diligence, and signed agreements. No offer of securities is made.

Financely acts as advisor and arranger. We are not a bank and do not take deposits. Financing outcomes depend on lender approvals, diligence results, legal documentation, and counterparty performance. Nothing here is a guarantee of funding or closing.