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Bridge Financing

Short-term debt solutions for value-add, transitional, and pre-stabilization CRE assets.

Bridge loans finance the gap between a property's current state and its stabilized potential. Whether a sponsor is repositioning a rent-stabilized portfolio in Brooklyn, completing lease-up on a mixed-use development in Midtown, or executing a value-add renovation in a secondary market, bridge debt provides the flexibility that permanent capital cannot. The business plan drives the structure — not the other way around.

The bridge market in New York runs at several hundred basis points over SOFR from debt funds, family offices, and private bridge lenders. That range is wide because execution risk varies widely. LTG's role is to run that market and identify the lenders offering the best risk-adjusted terms for the specific asset, the specific business plan, and the specific sponsor — not just the best headline rate that disappears at commitment.

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What LTG Looks for in a Bridge Lender

Not all bridge lenders are built the same. LTG evaluates lenders on rate, leverage, extension optionality, prepayment flexibility, and — critically — their track record of being reasonable partners through a value-add cycle. A bridge lender that retrades at funding, imposes punitive cash management, or becomes adversarial when a renovation runs three months long is not a capital partner. It's a liability.

LTG maintains active coverage of the bridge market with direct dialogue with 80+ bridge lenders. We know who is open, at what terms, on what asset types — before we bring your deal to market.

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Typical Deal Parameters

Loan Size	$5M to $100M+
Leverage	Up to 80% LTV / 85% LTC on select deals
Term	12 to 36 months + extension options
Rate	Floating; SOFR + 250 to 500 bps (market-dependent)
Recourse	Non-recourse standard; recourse for select sponsor/asset profiles
Use Cases	Value-add, lease-up, renovation, pre-stabilization, refi from construction