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bridgemixed-use
$16,950,000
Debt Fund Bridge Refinance – 72-Unit Class A Mixed Use
Salem, OR
Closed September 2026
Bridge loan to refinance a newly constructed four-story mixed-use property in Oregon with 72 apartments and roughly 12,700 SF of ground floor retail. Proceeds retired a maturing construction loan and funded reserves to carry the property through lease-up. Closed in 41 days.
Deal Terms
Loan Amount$16,950,000
RateTerm SOFR + 2.75% (~6.34% all-in)
Term24 Months + Three 12-Month Extensions
StructureInterest Only Through Month 36
LTV/LTC71% / 74%
RecourseNonrecourse
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