© 2017 by John D Svirsky

Commercial Mortgage Bridge Loan Guidelines

Program Description: The bridge lending program is designed to assistborrowers in financing transitional or distressed assets on ashort time frame with flexible loan structures.

 

Property Locations: Nationwide

 

Property Types: All property types

 

Security:

  • First mortgages

  • Existing first mortgage notes

 

Loan Size: $500K - $10 million

 

Term: One to Three Years

 

Loan to value: 60 - 75% depending on the property and circumstances

 

Interest Rate: As low as 8% the average is between 10 - 12%

 

Points: 2-5% of the loan amount to be paid from loan proceeds at closing, again depending of the complexity of the deal

 

Recourse: Non-recourse with standard carve-outs

 

Closing: As short as two weeks

 

JDS Inc. is a private, diversified real estate investment company specializing in financing opportunistic commercial real estate investments across all property sectors. JDS Inc. originates bridge loans,acquires commercial real estate debt, and invests in value-added real estate transactions. Since its founding in 1979, JDS has invested capital through private investment funds on behalf of high net worth individuals, family offices and private pension funds.