Bridge-to-HUD
Aligment with an Early HUD Exit
Typically Non-Recourse
Coordinated Underwriting Approach
Up to 80% LTV
BRIDGE-TO-HUD
BRAVO BRIDGE FUND
BRIDGE-TO-HUD TERM SHEET
Eligible Properties
Multifamily, Skilled Nursing, and Assisted Living
Maximum LTV
Up to 80% LTV (as-stabilized) and 90% LTC
Loan Amount
$3mm-$75mm+
Term
Up to 36 Months
Amortization
Interest Only
Security
First Mortgage
Fees
1% finance fee
Recourse
Escrows
Required for property taxes insurance, repairs, and an interest reserve may be required depending on the transaction.
Loan Costs
Legal Deposit
Guarantors
Legal Deposit
Bridge-To-HUD
Bravo Bridge Fund
Aligment with an Early HUD Exit
Typically Non-Recourse
Coordinated Underwriting Approach
Up to 80% LTV
Bridge-To-HUD Term Sheet
- Eligible Properties
Multifamily, Skilled Nursing, and Assisted Living
- Maximum LTV
Up to 80% LTV (as-stabilized) and 90% LTC
- Loan Amount
$3mm-$75mm+
- Term
Up to 36 Months
- Amortization
Interest Only
- Security
First Mortgage
- Fees
1% finance fee
- Recourse
Non-recourse typically with standard carveouts for multifamily, full recourse may be required for
other property types.
- Escrows
Required for property taxes insurance, repairs, and an interest reserve may be required depending on the transaction.
- Loan Costs
Borrower is responsible for due diligence and transaction costs.
- Legal Deposit
$15,000 legal deposit due at execution of term sheet.
- Guarantors
Required to meet net worth and liquidity depending on transaction type and size.
- Additional Conditions
The bridge loan is contingent upon an acceptable Environmental Report, Property Capital Needs Assessment, Appraisal, and