Why PSG Lending?
- Close in as little as 7 days
- Loan on most asset classes
- Finance ground-up construction
- Lend in most states
Strategic Real Estate Bridge Lender
PSG Lending is a direct lender of bridge capital nationwide. The firm focuses on $150,000 to $10,000,000 financing transactions, providing time-sensitive bridge financing using commercial real estate as collateral. PSG targets value-add and opportunistic acquisitions, ground-up deals, and distressed transactions..
- Construction loans
- Rehabilitation / renovation loans
- Bridge loans
- Single family residential, multifamily, commercial
Bridge Loans
Bridge Capital Lender
We provide real-estate collateral-based loans. Because we underwrite and make loan decisions in-house we can adapt our program based on the loan scenario and the risk. We typically lend up to 70% LTV, and 85% LTC. The program listed below provides a guide to understand our parameters. Please contact us directly with any scenarios you have.
Property Types
- Single-Family
- Multi-Family
- Retail
- Mixed-Use
- Self-Storage
- Industrial/Flex
- Land
Loan Types
- Ground-up construction loans
- Rehabilitation / renovation loans
- Condominium conversion & development
- Land development
- Notes acquisition
Loan Parameters
- Timing to Close: 14 – 28 days
- Loan Size: $150,000 – $10,000,000
- LTC: Up to 85%
- LTV: Up to 70%
- Rate: 9% - 12%
- Origination Fee: 2 - 3 points
- Term: 6 – 18 Months
- Amortization: Interest-only
- Deposits: Expense deposit adequate to cover 3rd party reports, legal fees, and other customary deal costs.
- Extensions: 6-month extensions available at market fees.
- Yield Maintenance: Deal specific
- Markets: Nationwide, with a focus on North East
Why borrow from PSG Lending?
We are a real estate private equity company providing short-term loans and investments ranging from $150,000 to $10,000,000
- Lend on ground-up construction
- Ability to close in as little as 6 days
- Balance sheet lender
- Finance most asset classes, including land acquisition
- Lend in most states
- Non-recourse options available
- 100% in-house white glove service
- Responsible lender, not loan to own
Recent Closings
$3,800,000 loan Apartment complex in Baltimore, MD
$3,800,000 loan secured by an apartment complex in Baltimore, MD. Project required in excess of $1,000,000 in renovation financing. 10% interest, 2.5 origination points, 1.5 back-end points. LTV at 65% of the independently appraised as-completed value. PSG closed within 30 days after the execution of the Letter of Intent.
$2,000,000 loan Commercial building in Queens, NY
$2,000,000 loan for ground-up construction of a commercial building in Queens, NY. 9.75% interest, 2 points. Adjusted LTV at 31% of the independently appraised as-completed value.
$1,100,000 loan Retail/office building in Baltimore, MD
$1,100,000 loan for the acquisition of a mixed-use retail/office building in Baltimore, MD. Prime + 5.50% interest, 2 origination points, 1 back-end point. LTV at 68% of the as-is value. PSG closed within 10 days after the execution of the Letter of Intent.
$229,000 loan Family home in Lewes, DE
$229,000 loan secured by a single family home in Lewes, DE. Project requires $57,000 in renovation financing. 11.0% interest, 2.5 origination points. Adjusted LTV at 68% of the independently appraised as-completed value.
Press
Rookie Mistakes Most New Landlords Make
Dec 27, 2019So, you just bought a rental house or small multifamily property. Congratulations! Now…
The 5 Most Costly Mistakes That Real Estate Investors Make
Aug 09, 2019We love to learn about investing through the successes of…