Bridge Loan Rates for October 2026

The desk finds a capital source for your commercial bridge loan file and presents it only to sources whose tracked credit box fits. This lane covers loans of $10 million or more through 71 tracked programs with caps up to $6 billion. After the file arrives, the desk reads it and matches it against the tracked credit boxes, then the selected sources issue terms. A capital source in our network approves this profile. PeerSense arranges the introduction and is paid a referral fee at closing by the client, whether the client is the lender, borrower, or both depending on the structure. Call (317) 452 6990 or book a call at /book-a-call.

On October 28, 2026, current bridge pricing is 6.02 to 13.02%, with SOFR at 3.95%. PeerSense tracked multifamily at 7.90 to 11.00 percent, mixed use at 7.90 to 11.00, retail at 7.76 to 11.25, industrial at 7.36 to 11.00, office at 7.76 to 11.25, self storage at 7.11 to 11.50, and hotel at 7.55 to 11.00. These are October 2026 medians of published low and high rates by property type.

Bridge pricing combines SOFR with a lender spread. On October 28, 2026, the live page range is based on SOFR at 3.95%. The page shows 6.02% as the live low end and 13.02% as the live high end. Published commercial bridge pricing was 6.00 to 13.00 percent, equivalent to SOFR plus 207 to 907 basis points at the stated SOFR level.

One month SOFR is 3.95% and Term SOFR is 3.90% as of October 28, 2026, according to Federal Reserve and CME sources. Most bridge loans use one month SOFR and reset monthly. SOFR replaced LIBOR in 2023, and nearly all new bridge originations are SOFR based.

On October 27, 2026, published commercial bridge rates were 6.00 to 13.00 percent, while CMBS rates were 6.84 to 8.50 percent. Bridge loans are short term and commonly support value add, lease up, repositioning, or a timed purchase. CMBS is structured as 10 year fixed financing for stabilized property. The 10 year Treasury was 5.00 percent on October 23, 2026.

Bridge loans are usually 12 to 36 months, interest only, with a balloon at maturity. Interest only means scheduled payments cover interest rather than principal during the term. The take out must be named before the term sheet on this desk.

Across the 21 tracked approved bridge programs, the median maximum loan to value is 75 percent and the median maximum loan to cost is 72.5 percent. A deal is sized to the lower of its loan to value and loan to cost limit. These medians describe program limits, not an approval for a specific property. The desk rule is cash in about 35 percent or better.

Origination fees, exit fees, third party costs, and prepayment terms vary by lender and are quoted per deal. The amounts and terms are provided in the deal specific quote, rather than as fixed figures here. No fee amounts are stated in the October 2026 facts.

Bridge rates reflect both SOFR and the spread above it. On October 28, 2026, the published range was 6.00 to 13.00 percent, equal to SOFR plus 207 to 907 basis points at 3.95%; the live low end is 6.02%. Changes in the benchmark and changes in the spread explain movement, while these figures alone do not establish a 2026 direction.

Office bridge financing is underwritten on tenant rollover and the business plan. PeerSense tracking shows an office published span of 7.76 to 11.25 percent in October 2026, based on the median published low and high rates for approved programs listing office. Loan sizing still follows the lower of loan to value and loan to cost.

PeerSense is a capital advisory that places files with direct capital sources. Its October 2026 tracking covers 21 approved bridge programs, with property type listings for multifamily, mixed use, retail, industrial, office, self storage, and hotel. Eleven of 21 programs are non recourse, median stated closing time is 14 days, and tracked loan sizes range from 5,000 dollars to 300 million dollars. The client pays the fee under a written agreement.