Winston Rowe & Associates has a new commercial real estate bridge loan program for the rehabilitation of apartment buildings, office buildings, hotels, self storage, mixed use retail centers and industrial properties.
This program is one of the most aggressive bridge financing programs in the industry, with almost 100% of the improvements financed if needed and the commercial property can be non-stabilized.
The ensuing are the parameters.
No upfront or advance fees
Capital deployment is Five Million Dollars and up
Interest rates starting at Six Percent
The loan to value must be 65% of initial purchase price
What make this bridge loan program so competitive is that it will go to 90% of the cost of rehabilitation or the property improvement plan.