COMMERICAL REAL ESTATE BRIDGE LOANS & STRUCTURED FINANCE

ABOUT US

City Bay Funding LLC provides bridge loans for commercial real estate assets

City Bay Capital LLC specializes in commercial real estate structured finance

Company Core Values: Integrity, Work Ethic, Perseverance, Transparency, Humility & Community

About Us

Loan Criteria

Lending
Program

City Bay Funding LLC

Bridge & Construction Lending Program

Loan Amounts: $2,000,000 - $100,000,000

Rates: Starting at 350bps + SOFR

Amortization: Interest only

LTV: Up to 75%, possibly higher with additional collateral

Term: 1 – 2 years with extension options

Recourse: Non-recourse available

Property Types: Multifamily, hospitality, and other asset types on a discretionary basis

Locations: All States except for AZ, CA, ND, NV & SD

Executions: Acquisition, construction, stretch senior, bridge to bridge, value-add, pre-stabilization, discounted payoff, debtor in possession, construction completion, and hard money.

Borrower: Special purpose entity owned by qualified investors

Advisory

Distressed
Advisory

Distressed Advisory Platform

City Bay Capital's commercial real estate distressed debt advisory business assists borrowers and other stakeholders in analyzing, negotiating, and helping resolve distressed situations. Our approach is based on in depth financial analysis of why situations occurred, educating all parties on the situation, and working towards a practical and amicable resolution for all parties.

In addition, we can utilize City Bay Funding LLC's direct lending platform and capital markets expertise to assist in recapitalizing deals as they complete the work-out process. The current tightening of the capital markets requires a keen understanding of how to best exit the distressed situation.

Our background in loan origination, loan underwriting, forensic accounting, dispute resolution, capital markets, acquisitions, asset management, partnership agreement negotiation, market analysis, economic analysis, litigation administration, commercial real estate industry knowledge, and investigations give us a unique frame of reference that most attorneys and finance professions do not have. We can be described as "having seen it all", and understand why deals go bad and what is needed to fix them. This skill set allows us to quickly grasp and analyze situations, which can lead to quicker resolutions. We do our best to keep a distressed situation from ending up in time consuming and costly litigation.

We introduced this service line in response to the numerous distressed situations we encounter that are not yet ready for new financing. Our approach can help guide projects to that crucial point.