Fairbridge is a real estate finance company
specializing in loans for acquisition,
renovation, ground up construction and refinancing.
We provide a range of loan products secured by Commercial Real Estate Nationwide.
We offer our borrowers an accelerated processing and certainty of execution.
Our priority is based on the property and borrower; we don’t adhere to rigid bank underwriting requirements.
As real estate investors and lenders, we understand how to structure loans to meet borrower’s needs.
Fairbridge Real Estate Investment Trust is a debt business providing creative and comprehensive financing solutions across the capital structure and risk spectrum. We originate loan and invest in debt securities collateralized by high-quality real estate.
The Fairbridge team of real estate professionals, with a combined 40+ years of real estate and lending experience, ensures a relationship-focused approach to real estate lending, providing customized financing solutions and certainty of execution to our clients.
Our objective is to identify viable transactions with responsible and experienced borrowers, protect downside risk and generate superior risk-adjusted returns to our investors.
The Commercial Bridge Loan program is designed for sponsors interested in purchasing or refinancing a property quickly in order to take advantage of a short-term opportunity, close on a time sensitive deal or bridge the gap until a conventional financing is available.
PROPERTY TYPE:Multi-Family, 1-4 Family, Mixed-Use, Warehouse & Light Industrial, Land and other Asset Types |
LOAN SIZE:$250,000-$50,000,000 |
LOAN TO VALUE:Up to 75% |
INTEREST RATES:9-12% |
AMORTIZATION:Interest only – balloon payment at maturity |
TERM:12-36 months; extension option case-by-case |
The Commercial Bridge Loan program is designed for sponsors interested in purchasing or refinancing a property quickly in order to take advantage of a short-term opportunity, close on a time sensitive deal or bridge the gap until a conventional financing is available.
The Term Loan Program is designed for the experienced redeveloper of residential properties. For seasoned developers, we can offer up to 80% leverage on the appraised value of the property being secured.
LOAN TYPE:30 year term loans |
MAXIMUM PURCHASE LTV:80% |
MAXIMUM REFINANCE LTV:75% |
MINIMUM DSCR:1.15 |
ASSET TYPES:1-4 unit Residential, Townhome, Condominiums |
MIX USE:Yes |
MUST BE LEASED:No |
The Term Loan Program is designed for the experienced redeveloper of residential properties. For seasoned developers, we can offer up to 80% leverage on the appraised value of the property being secured.
The Fix and Flip Program is designed for the experienced redeveloper of residential properties. For seasoned developers, we can provide up to 80% leverage on the purchase price and up to 100% of the renovation costs, provided the ARV does not exceed 70%.
LOAN TYPE:non-owner-occupied Residential Properties, Fix and Flips, Refinances, Bridge Loans, Ground-Up |
AMORTIZATION:Interest only – balloon payment at maturity |
AMOUNT FUNDED:Up to 80% of Purchase Price, up to 100% of the Renovation Budget |
MAXIMUM AMOUNT AFTER REPAIR LTV:65% in judicial states / 70% in non-judicial foreclosure states |
ASSET TYPES:1-4 unit Residential, Townhome indented for residential use, Condominiums |
CLOSINGS:As quickly as one week |
The Fix and Flip Program is designed for the experienced redeveloper of residential properties. For seasoned developers, we can provide up to 80% leverage on the purchase price and up to 100% of the renovation costs, provided the ARV does not exceed 70%.
Marine to lawyer to bridge lender- not your typical career path, but one that’s served John Lettera well. The New...
The Elisabeth Haub School of Law at Pace University has received a generous five-year grant to name its Investor Rights...
Fairbridge Real Estate Investment Trust has announced the closing of four construction loans totaling $10,535,000 in Paterson, NJ for an experienced multi-family developer...
The proceeds of this bridge loan were utilized to stabilize the property, retire existing debt and position the sponsor for a successful exit.
RealFi Real Estate Investment Trust is pleased to announce the funding of a $10M bridge loan. The Proceeds of this loan were utilized to fund the new construction plan of a 12 unit, waterside luxury town house complex. Located in Guilford, CT
RealFi Real Estate Investment Trust is pleased to announce the funding of a $10M bridge loan. The Proceeds of this loan were utilized to fund the new construction plan of a 12 unit, waterside luxury town house complex. Located in Guilford, CT
The Property is a former school building that was shut down in 2005 due to flood damage caused by Hurricane Katrina.
The loan is secured by 44 residential and commercial properties in Columbus, OH.
We were able to provide liquidity to our repeat borrower to allow him to complete the acquisition of a portfolio.
The proceeds of this Bridge Loan were utilized to retire existing debt, and position the sponsor for a successful exit. The loan is secured by two properties located in the Corona neighborhood of Queens, NY.
“When I face a client with a complex situation, my first call is RealFi. These guys know how to navigate through deals.”
“They are true real estate practitioners, they understand property and the story behind deals in order to structure loans in the most optimal way.”
“The reason why I choose RealFi over a conventional bank is because of their ability to execute draws in a short notice, my business model depends on that”