Multifamily Bridge Loan Program

Our Multifamily Bridge Loan Program

We offer bridge loans to experienced investors for the acquisition and/or repositioning of Value-Add Multifamily Properties. We have the creativity to structure our loans to support your specific business plan.

Multifamily Bridge Loan Program Details

Loan Amount - $500,000 to $30,000,000
Non-Owner Occupant
Non-Recourse Available
First Lien Position
Multifamily Apartments
Interest Rates - Starting at 8.99%
Interest Only Payment
Loan Term - 12 to 36 Months

Prepayment Fees - 6 Months Minimum
Corporate Entity Borrowers (LLCs, corporations, LPs, etc.)
Loan Advance - Up to 75% of Purchase Cost
Loan to Value - Up to [75%
Appraisal Waivers Available Below $15 Million
Multifamily Experience Required
Closings Typically Less Than 30 days

Where We Lend

Foundation currently lends on residential properties in Alabama, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming.

Foundation CREF LLC is not currently licensed in AZ, ID, MN, ND, NV, OR, SD, UT or VT. Foundation CREF LLC is licensed or exempt from licensing in all other states. Foundation CREF LLC lends in California under Department of Real Estate License No. 01198993. Your annual percentage rate may be increased after the fixed-rate period expires. Loans are subject to additional underwriting criteria.

Recent Closings