AMA - Bridge Lending For A Multi-Family Value Added Project

Today’s question comes from Chris in NYC. He writes:

What are your thoughts in today's market on taking on bridge financing when acquiring a multifamily asset that has a CapEx renovation plan?

My team is finding ourselves having to go this route either because A) the assets we're finding & underwriting have a DSCR that's not at levels to support traditional debt sources or B) the property owner's T12 clear enough.

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Host: Victor Menasce

email: [email protected]