Fast and Reliable Financing
Fairbridge is a real estate finance company
specializing in loans for acquisition,
renovation, ground up construction and refinancing.
Loan Programs
We provide a range of loan products secured by Commercial Real Estate Nationwide.
Strategic Lending
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.
Relationship-Focused Approach
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.
Superior Risk-Adjusted Returns
Our objective is to identify viable transactions with responsible and experienced borrowers, protect downside risk and generate superior risk-adjusted returns to our investors.
Loan Criteria
Deals close within 15-30 days.
COMMERCIAL BRIDGE LOAN PROGRAM
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 |
COMMERCIAL BRIDGE LOAN PROGRAM
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.
INVESTMENT PROPERTY TERM LOAN PROGRAM
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 |
INVESTMENT PROPERTY TERM LOAN PROGRAM
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.
FIX AND FLIP PROGRAM
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 |
FIX AND FLIP PROGRAM
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%.
The Latest from Fairbidge
Under the Bridge: John Lettera Talks Three Decades of Bridge Lending
Marine to lawyer to bridge lender- not your typical career path, but one that’s served John Lettera well. The New...
Pace University Haub Law naming section of school after Fairbridge.
The Elisabeth Haub School of Law at Pace University has received a generous five-year grant to name its Investor Rights...
Fairbridge REIT Provides Four Construction Loans
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...
Brooklyn, NY
$2,350,000
Bridge Loan
The proceeds of this bridge loan were utilized to stabilize the property, retire existing debt and position the sponsor for a successful exit.
Guilford, CT
$10,000,000
Bridge Loan
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
Guilford, CT
$10,000,000
Bridge Loan
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
NEW ORLEANS, LOUISIANA
$1,715,000
Refinance and Acquisition Loan
The Property is a former school building that was shut down in 2005 due to flood damage caused by Hurricane Katrina.
COLUMBUS, OHIO
$5,512,000
Acquisition Loan
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.
QUEENS, NEW YORK
$2,200,000
Refinance Loan
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.
What Our Clients Say
Thomas
“When I face a client with a complex situation, my first call is RealFi. These guys know how to navigate through deals.”
Jim
“They are true real estate practitioners, they understand property and the story behind deals in order to structure loans in the most optimal way.”
Michael D.
“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”