COMMERICAL REAL ESTATE BRIDGE LOANS & STRUCTURED FINANCE

City Bay Funding LLC

Bridge & Construction Lending Program​

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

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Rates:                           Starting at 350bps + SOFR

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Amortization:            Interest only

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

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Term:                            1 – 2 years with extension options

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Recourse:                    Non-recourse available

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

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

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Executions:                 Acquisition, construction, bridge to bridge, value-add, and                                           pre-stabilization.

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Borrower:                   Special purpose entity owned by qualified investors