“Excellent communication and expediency”
Amazing experience with Bryce! Excellent communication and expediency throughout the entire transaction. They were able to close our emergency deal in less than 48 business hours!
Ahmad A.
Real estate loan · Placed by Axelrad
Commercial bridge loans for retail, industrial and land.
Time to lease up a property, advance land approvals or refinance a maturity, financed on what the real estate supports today. Axelrad places the loan with a capital partner that lends directly on these deals.
- $4–$20 million loans
- Up to 70% of as-is value
- Rates from 9%
The short answer
What is a commercial bridge loan?
A commercial bridge loan is short-term, interest-only financing secured by a first lien on commercial real estate, used to buy the time a lease-up, an approval or a refinance needs. Axelrad places these loans on retail, industrial and land with a capital partner: $4 million to $20 million, up to 70% of as-is value on retail and industrial and up to 65% on land, rates from 9%, typically for 12 to 24 months.
Commercial bridge loan terms at a glance
- Collateral
- Retail, industrial and land.
- Lien position
- First lien.
- Term
- Typically 12 to 24 months, interest only. Extension options depend on the deal.
- Loan amount
- $4 million to $20 million, with a sweet spot of $7 million to $15 million.
- Leverage
- Up to 70% of as-is value on retail and industrial. Up to 65% on land.
- Rates
- From 9%. Land is closer to 11–13%.
- Sizing
- On the as-is value the real estate supports today. A short deal summary gets you a quick read on fit and proceeds.
- Markets
- Nationwide, with a focus on the Southeast, Southwest, Midwest and Mountain West.
- Who lends
- A capital partner that lends directly. Axelrad places the loan through its Capital Market Broker Program.
Actual pricing depends on the collateral, the leverage and the repayment plan.
Retail and industrial vs land
Both are first-lien bridge loans. The underwriting turns on different things.
| Retail and industrial | Land | |
|---|---|---|
| Why borrowers use it | Time to lease up, or to refinance an upcoming maturity | Time to advance approvals, or to refinance an upcoming maturity |
| What to send | Rent roll and current NOI, if you have them | A note on approvals and what is left to do |
| Leverage | Up to 70% of as-is value | Up to 65% of as-is value |
| Rates | From 9% | Closer to 11–13% |
Who it is for
Three reasons borrowers use a bridge
Lease-up
The building is not yet producing the income a long-term lender wants to see. A bridge gives the lease-up time to happen.
Land approvals
Approvals are moving but not done. A bridge carries the land while they advance.
A maturity coming due
The existing loan matures and the refinance is not ready. A bridge covers the gap.
How it works
From summary to terms
Send a short summary
Property address and type, requested loan amount, purchase price or existing payoff, estimated as-is value, use of proceeds, repayment plan and target closing date.
Get a quick read
A person on our team tells you whether the deal fits and roughly what it can borrow.
Terms and closing
If it fits, the capital partner issues terms and we work the file to closing with you.
Why place it through Axelrad Capital
- One submission to a capital partner that lends directly
- A quick read from a short summary
- Sized on what the real estate supports today
- Interest-only bridge terms
- Real people, real decisions
- Residential bridge loans funded directly by Axelrad
Our Success Stories
5.0★★★★★29 reviews on Google · Read them
“Total transparency”
Truly quality people. Polite, professional, and always kept the line of communication open. Total transparency which is KEY in lending. I highly recommend. We used them for a BRIDGE loan and will use them again for our next investment property.
Nic B.
“Someone in your corner”
If you want certainty and someone in your corner who will go the extra mile to get your deal done, there’s no one better to work with than Axelrad.
Travis M.
“The easiest to work with”
My experience with Axelrad Cap and Bryce has been top notch. We’ve closed on three transactional deals together and without question, he’s the easiest to work with and operates with the most integrity.
Dan S.
“Dealmakers not dealbreakers”
I’ve used Bryce and his team for several transactions and they always provide the highest level of customer service, they know what they’re doing, and they are dealmakers not dealbreakers.
Green Root Development
“Went way above and beyond”
I was in a bind on a property; needed funds to prevent losing the contract. … Bryce explained what needed to be done in the future to ensure fewer hiccups, then went WAY above and beyond to rush everything that same day to make sure we got the deal closed.
Americo P.
“You couldn't dream of a better lending partner”
You couldn't dream of a better lending partner to work with than the team at Axelrad Capital! In an industry that often feels so cold & transactional, Bryce and his team make you feel like VIP's!
Aaron W.
“Professional, transparent, and always went above and beyond”
Their commitment to high integrity and exceptional service is truly impressive. From start to finish, they were professional, transparent, and always went above and beyond to meet my needs.
Seth A.
“Sharp, responsive”
Bryce is sharp, responsive, and understands how to structure deals efficiently and quickly.
LeadMasters Property LLC
“Creative with difficult deals”
They have a strong desire and willingness to be creative with difficult deals.
Robert
“Always ready to pick up the phone”
They have a ton of resources and a team member is always ready to pick up the phone and help move the project forward.
Brian A.
Common Questions
What people actually ask before they apply.
What is a commercial bridge loan?
A commercial bridge loan is short-term, interest-only financing secured by a first lien on commercial real estate, used to buy the time a lease-up, an approval or a refinance needs. It is repaid when the property is stabilised, sold or refinanced.
What kinds of property can a commercial bridge loan be secured by?
Retail, industrial and land. Send us the deal if your property is a different commercial type and we will tell you whether a capital partner is likely to look at it.
How much can I borrow with a commercial bridge loan?
From $4 million to $20 million, with a sweet spot of $7 million to $15 million. Send us the deal and we will tell you whether the size fits.
How is a commercial bridge loan sized?
On the as-is value the real estate supports today, not on a projected value after the work is done: up to 70% of as-is value on retail and industrial and up to 65% on land. The repayment plan affects the final number.
How long is a commercial bridge loan?
Typically 12 to 24 months, interest only, with extension options depending on the deal.
How much does a commercial bridge loan cost?
Rates start at 9% on retail and industrial, and land is closer to 11–13%. Actual pricing depends on the collateral, the leverage and the repayment plan, and a short summary gets you an indicative read.
Does Axelrad fund commercial bridge loans itself?
No. Axelrad places these loans with a capital partner that lends directly, through our Capital Market Broker Program. Axelrad funds its own residential bridge and fix and flip loans, which have their own pages.
Where do these loans close?
Nationwide, with a focus on the Southeast, Southwest, Midwest and Mountain West.
Can a bridge loan refinance a loan that is about to mature?
Yes, that is one of the three common reasons borrowers use one, alongside lease-up and advancing land approvals. Tell us the maturity date and the repayment plan when you send the deal.
What do I need to send to get a quote?
The property address and type, the requested loan amount, the purchase price or existing payoff, your estimate of the as-is value, the use of proceeds, the repayment plan and the target closing date. For an income-producing property, add a rent roll and current NOI if you have them.
Send us the deal. We'll tell you where it fits.
A short summary is enough to start. A person on our team reviews it.
Related products
Deals rarely fit one box. These are the programs investors most often compare this one against.
- Land LoansFirst-lien land loans of $4 million to $20 million for holding land while approvals advance. Up to 65% of as-is value, rates closer to 11–13%. Placed by Axelrad.
- Commercial LendingFlexible commercial real estate financing for acquisitions, refinances, and value-add projects in all 50 states.
- Bridge LoansShort-term bridge financing up to 95% LTC with 100% rehab financing, 6–24 month terms and no prepayment penalty. Close in 10–14 days.
- Mixed-Use LoansFinancing for mixed-use properties combining residential and commercial space, structured to fit your deal and timeline.
Guides worth reading
Written for the person doing the deal, not for search engines.