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NewBridge Lending LLC

NewBridge's bridge-to-agency program is designed for multifamily and healthcare properties that are either stabilized or are in need of minor to moderate renovation or other value-add strategy for borrowers making acquisitions or refinancing prestabilized/stabilized assets eligible for HUD/Agency permanent financing. 

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  • Loan amounts of $10,000,000+

  • Collateral: First mortgage lien or deed of trust

  • Up to three years plus extensions

  • Interest only

Interest Rates

Floating rate, at a competitive 
market rate spread of: 
2.50% – 3.25%+ for multifamily 
and 3.25% – 3.75% + for 
healthcare over one-month 
term SOFR

Origination / Exit Fees

  • Multifamily 1% / 1%

  • Healthcare 1% / 3%

  • Prepayment is generally permitted at any time with six-month minimum interest

Minimum LTV/ DSCR

  • Up to 75% of as-is value for multifamily and 70% as-is value for healthcare

  • Upon stabilization at DSCR levels that comply with the requirements of the applicable agency for the expected take out

Construction Framework Structure

NewBridge Lending Available Markets

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