Trevian Capital provides bridge loans ranging from $2 million to $100+ million nationwide.

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Short-Term Bridge

Senior-Secured Bridge Loans for Time-Sensitive Deals, Troubled Sponsors, and Special Situations

Loan Parameters

Loan Size: $2,000,000 – $100,000,000+
Term: 6 months to 3 years
Rate: 1-Month Term SOFR Plus 350 – 650 over
Debt Yield Req.: None
Closing Timeframe: 1-3 Weeks
NW / Liquidity Req.: None
Fee:  Generally 1% origination fee & 0% – 1% exit fee
LTV: Up to 80%
Minimum Interest: 0 – 9 months
Guaranty: Flexible
Amortization: Interest Only
Property Type: All Types Considered
Geography: Tier 1 to 3 Markets Nationwide
Security: First Lien Position

Scenarios

  • Time-of-the-essence closings (1-3 weeks)
  • Distressed or transitional borrowers (credit or liquidity issues, bankruptcy, litigation, first time sponsors, etc…)
  • Transitional/value-add real estate w/ capex/TI/LC
  • Bridge-to-Agency, HUD, CMBS
  • Construction completion
  • Partnership buyouts
  • Foreign nationals
  • Nuanced deals
  • Special situations or ‘story’ deals
  • DPOs

Transitional Multifamily Bridge

Senior-Secured Bridge Loans for Bankable Sponsors Who Need Flexible Capital for Value-Add or Transitional Multifamily

Loan Parameters

Loan Size: $5,000,000 – $100,000,000+
Term: 1 – 5 years
Rate: 6.75% – 9.75%
Floating / Fixed: Rates can be floating or fixed and are deal dependent
Fee: Generally 1% origination fee & 0% – 1% exit fee
LTC: Up to 85%
Minimum Interest: Varies
Guaranty: Flexible
Structure: Varies
Amortization: Interest Only
Property Type: Multifamily
Geography: Tier 1 to 3 Markets Nationwide
Security: First Lien Position

Scenarios

  • Transitional/value-add multifamily real estate with capex
  • Deals in secondary or tertiary markets
  • Bridge-to-Agency, HUD, CMBS
  • Cash-out refinance
  • Sponsors who need a longer term but want flexibility to prepay the loan as early as 6 months
  • Mid-stream construction completion
  • Lease up plays with no current cash flow requirements
  • Other property types considered on a case by case basis
  • Nuanced deals