Bridge Loans for Construction Completion (Nationwide)
Construction completion bridge loans provide short-term capital for partially completed commercial real estate projects. These loans are used when a project is near completion but requires additional funding to reach certificate of occupancy (CO), lease-up, or stabilization.
These loans are essential for developers facing cost overruns, delays, or unexpected capital needs. Nationwide lenders evaluate the remaining work, project viability, and exit strategy to structure fast, flexible financing.
Eligible Projects
- Multifamily developments
- Mixed-use projects
- Industrial buildings
- Retail centers
- Hospitality projects
- Office buildings
- Self-storage facilities
Common Use Cases
Cost Overruns: Unexpected expenses can stall construction. Bridge loans fill the capital gap to keep the project moving.
Delayed Funding: Equity partners or lenders may delay or withdraw funding, creating a need for replacement capital.
Final Phase Completion: Funding interior finishes, exterior work, landscaping, mechanical systems, and final inspections.
Lease-Up After Completion: Some projects need capital to support operations during the initial lease-up period after CO.
Typical Terms
- Loan amounts: $2M – $50M+
- Leverage: Up to 75% of completed value
- Terms: 12–24 months, interest-only
- Draw schedules available