Sunwest Bank offers acquisition and rehabilitation financing for existing properties that either need to be restored, or updated, to attract new tenants, or bring rents up to market levels. Upon completion of the rehabilitation process and re-tenanting, the bridge loan may be rolled into a permanent loan provided by Sunwest Bank.
Commercial Bridge Loans
General Loan Terms:
- Loan amounts up to $20,000,000
- Up to 75% loan-to-cost
- Prompt underwriting and local decision making
- In-house fund control for construction projects