Bridge & Construction Loans
Overview
With today’s restrictive banking regulatory environment, borrowers often require specialty lenders with sophisticated knowledge and capabilities to meet their needs. AGP Capital is experienced and adept at funding bridge and construction drawdown loans to a wide range of borrowers. Loans can be secured by most types of commercial property or can be secured by performing or non-performing secured property loans. AGP financings can be used to: close acquisitions, complete developments and step in mid-development in certain circumstances, recapitalize existing property investments, discounted note payoffs, acquire performing or non-performing notes, and ground up construction.
Bridge & Construction Loans
AGP is active in providing bridge and construction financing secured by a senior lien on the underlying real estate. Loans typically range from $5 million to $30 million and are for a term of up to three years, however, we will consider loans outside of these ranges in certain circumstances.
Loan Terms
Loan Size: $5 million to $30 million
Maturity: Up to 3 years
Amortization: Interest Only
Security: 1st Mortgage Lien
LTV: Up to 75%
Property Types: All Commercial Property Types
USES: Acquisition, Pre-Development, Construction, Recapitalization, Refinancing, DIP financing, Repurchase of Borrower’s existing debt, Liquidity Management
Office Locations
One Summerlin
1980 Festival Plaza Dr. Suite 290, Las Vegas, NV 89135
Westwood Gateway
11100 Santa Monica Blvd Ste 380, Los Angeles, CA 90025
