I’m currently amid a deal in CT, and need a bridge lender rec.
Deal: Industrial property in Connecticut for redevelopment. 100k SF for reno. Requires a bridge loan to cover initial acquisition costs and upgrades. projected rental yields are set to increase by 20% post-renovation. Full capitalization is $27MM and looking for a lender to provide $20MM.
I’m looking for a firm with competitive rates. Want somebody that’s easy to work with—responsive, transparent, and moves quickly.
If any of you have had positive experiences with bridge loan providers in NYC or have heard great things about a particular firm, I’d love to hear your recommendations.
Feel free to drop your suggestions below or share any tips you might have when it comes to choosing the right bridge loan provider. Personal anecdotes, specific firm names, or general advice—all are welcome and appreciated!
Thanks so much in advance for your help. I’ll be keeping an eye on this thread and am eager to hear from you all.
For a bridge loan, you might want to check out LendTrade, Rockstar Capital, or Gibraltar Financial. They’re known for good rates and being easy to work with. It’s also a good idea to ask others in the industry for their recommendations.