Lending Programs
Bridge Loans
Castellan Capital provides bridge loans nationwide for the acquisition and refinance of transitional real estate properties.
Loan Parameters
Loan Amount: $1,000,000 - $50,000,000+
Collateral: First Mortgage
Asset Types: Multifamily, Single-Family, Mixed-Use, Office, Retail, Industrial
Purpose: Acquisition, Refinance, Repositioning, Renovation, Construction Completion, Condo Inventory
Status: Stabilized, Transitional, Distressed
Interest Rates: Floating, Starting at 8.0%
Leverage: Up to 70% Loan-to-Value
Term: Up to 36 months
Origination Fees: 1.0% - 2.0%
Amortization: Interest Only
Prepayment: No Prepayment Penalty – No Minimum Interest
Closing: 5-10 Business Days
Mezzanine Financing: Total Leverage up to 85% LTV at a blended interest rate of 11.75%+ and Total Origination Fee of 2.0%
Loan Parameters are guidelines only. Terms and structure are customized on a deal-by-deal basis. Please call us for a quote.