 Bridge Loan Specialists
We have
both institutional and private sources
of financing
for bridge
loans.
Depending upon the Borrower's time frame
and the circumstances, LIBOR-floating rate,
interest-only
loans as well as fixed-rate loans are available.
In an effort to even better serve our clients,
Winter & Company has recently formed
a new affiliate: W Financial.
W Financial is a direct
private lender providing one to
five
year bridge loans including
first mortgages, second and wraparound mortgages.
Additionally, W Financial can provide mezzanine
financing at the time of acquisition, in
partnership with a first mortgage lender,
or years after
an acquisition, in order to free trapped
equity. These special situation loans can
be placed
instead of or alongside conventional financing
to provide winning solutions where others
may only see problems. Our W Financial affiliate
can fund viable transactions of any size.
Some of our bridge loan examples include:
- $5,000,000
– Manhattan + Greenwich CT Multiple
Assets
Wraparound
Bridge Loan | Term: 24 months | Loan to value
ratio = 65%
- Industrial
Property – Red
Hook, Brooklyn, NY
$1,025,000 first mortgage bridge loan | Term: 18 months | Loan to value ratio =
65%
- Restaurant/Lounge – Sag
Harbor, Long Island, NY
$1,100,000 first mortgage loan | Term: 1 year | Loan to value ratio = 44%
- Historic Brownstone
Renovation - West 132nd Street, Harlem,
NYC
$500,000 first mortgage loan | Term: 1 year | Loan to value ratio = 59%
- Condominium conversion
- West 20th Street, Chelsea, NYC
$625,000 second mortgage loan | Term: 1 year | Loan to value ratio = 30%
- Golf Course construction
- Connecticut
$350,000 second mortgage loan | Term: six months | Loan to value ratio =
28%
To see details of the bridge loan examples above click here.
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