Asset Based Bridge Loans

ASSET BASED PRIVATE BRIDGE LENDER

Commercial Real Estate Bridge Financing – Asset Based Small Balance Bridge Program Private Discretionary Debt Fund – $500,000 – $30,000,000 (Higher or lower amounts case-by-case) Lending Focus and preference for Northeastern USA and Mid-Atlantic States – 50 State License. Today’s challenging economy has left many quality commercial real estate properties unstabilized. Our value-add bridge loan product fills the large void in the market created by the credit crisis and provides the critical time and capital to get a property stabilized. Red Star’s experienced team offers certainty of delivery on transactions under very tight closing deadlines. We are able to execute and close in 10 days! Please Inquire about permanent financing options.

Typical properties –

• Apartments / Multi-Family
• Industrial, Office and Medical Office
• Retail – Shopping Centers, Malls – Single and Multi-Tenant
• Mixed-use, Hospitality, Flex (Office / Warehouse)
• Special-use OK

Typical Situations –

• “Lease-Ups” that provide time to get property occupied
• Properties that don’t meet bank underwriting criteria
• Discounted payoffs (DPOs)
• Construction loan take-outs
• Cash-out financing
• Repositioning’s / transitional properties
• Opportunistic purchases that need to close fast
• Interim bridge financing, Refinancing of maturing loans
• Tight closing deadlines
• Insufficient cash flow generated by commercial real estate
• Sponsor cash flow or net worth constraints
• Short time frame for repayment, Partner buyouts, Hard money loans

Why Red Star? Asset based underwriting

• Speed and Certainty of Execution
• Much Faster than any conventional lender
• Fills a void in market caused by stress in the community banking system
• Less expensive than bringing in an equity partner, especially on an after-tax basis
• Unique situations, Opportunistic situations
• Transitional or un-stabilized properties
• Less expensive than a hard money lender

RED STAR MORTGAGE CLOSES LOANS BANKS CAN’T OR WON’T ALL LOANS MADE IN STRICT CONFIDENCE!