For Borrowers seeking a quick closing, favorable terms and non-recourse financing, ParkSide's Bridge / Interim Loan packages are structured around the transaction and enhance the product with a seamless closing.

Property Types

• Hotel
• Resort
• Retail
• Office
• Industrial
• Condo Hotel
• Condominium Development
• Land (with Development plans, upto 65% LTV)

Features

• 30 day Closing
• Aggressive 30 day LIBOR based spreads
• 6 Month - 3 Year terms
• 1 Year extension options
• 85% Loan to Value / Cost (90% based on property type)
• Non-Recourse (based on transaction)

Minimum Loan Size $ 10,000,000 and up.

 

 

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