Eligible Property Types
- Multifamily
- Mixed-use
- Small office
- Retail
- Portfolio acquisitions
Loan Programs
Bridge Loans
Northline Capital provides short-term bridge financing for transitional real estate assets requiring speed and flexible underwriting.
These loans support acquisitions, recapitalizations, lease-up strategies, and repositioning opportunities prior to refinancing into permanent financing.
Loan Parameters
| Parameter | Details |
|---|---|
| Loan Size | $50,000 – $5,000,000 |
| Term | 6 – 12 months |
| Interest Rate | 10.0% – 13.0% |
| Origination Fee | 2 – 3 points |
| Max Loan-to-Value | Up to ~80% |
| Max Loan-to-Cost | Up to ~90% |
Typical Use Cases
- Acquisition bridge
- Lease-up stabilization
- Cash-out recapitalization
- Bridge to agency refinance
Borrower Requirements
Northline Capital provides financing for experienced real estate investors and sponsors executing business-purpose real estate transactions.
Typical borrower requirements include:
- Loans must be for business or investment purposes only.
- Owner-occupied primary residences are not eligible.
- Borrowers typically invest through legal entities such as LLCs or corporations.
- Borrowers must certify that loan proceeds will be used solely for business or investment purposes.
- Borrowers must certify that the collateral property is not intended for owner-occupied consumer use.
- Prior transitional asset and repositioning experience may be preferred based on business plan complexity.
- A clear exit strategy is required, typically through sale, refinance, or stabilization.
- Adequate liquidity, reserves, and project support may be required.
- Additional underwriting conditions may apply based on property type, market, borrower profile, business plan, and sponsor experience.
- Financing is subject to underwriting review and is not guaranteed unless and until final loan documents are executed and all closing conditions are satisfied.
Ready to discuss a bridge loans scenario?
Whether you are seeking financing, submitting a brokered deal, or evaluating a loan sale, Northline Capital can review the opportunity.