Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates

Your Acquisition Closes in 60 Days. Your Permanent Financing Takes 90. We Bridge the Gap.

$1M to $50M+. 12–36 month terms. Bridge rates typically 8% to 15% based on LTV, sponsor experience, and property type. PeerSense connects well-capitalized CRE investors with bridge lenders who close on your timeline.

$1M+ minimum loan size25%+ equity preferred60–75% LTV

When should I use a bridge loan for commercial real estate?

Bridge loans provide 12-36 month capital at 8-15% for acquisitions, renovations, and repositioning when permanent financing isn't available yet. At 65% LTV, bridge lenders offer the most competitive terms. PeerSense structures bridge loans with the permanent exit in mind from day one.

Written by Ed Freeman, Capital Advisory — PeerSense. Updated March 2026.

2026 Market Data

CRE Maturity Wall: $936B maturing in 2026Bridge Rates: 8% – 14.5% (leverage dependent)CBRE Lending Index: Up 112% YoY (highest since 2018)Investor Trend: Short-term capital for flexibility & controlOpportunity: Maturity wall creates buyer demand for bridge capital

What Are Bridge Loans?

Bridge loans are short-term financing designed to move fast on time-sensitive opportunities. They "bridge" the gap between immediate capital needs and permanent financing, allowing you to close deals that conventional lenders can't accommodate on your timeline.

Speed

Close in 2–4 weeks from full submission. When you need to move faster than banks or SBA can accommodate, bridge financing delivers.

Transition

Perfect for properties in transition — construction completion, lease-up, repositioning, or stabilization before permanent financing.

Flexibility

No prepayment penalty options available. Foreign national borrowers accepted on select programs. Multiple exit strategies supported.

USE CASES

When You Need a Bridge Loan

Bridge loans solve timing problems that conventional financing can't accommodate. Here are the most common scenarios:

Time-Sensitive Acquisition

Seller needs to close in 30 days. Your bank needs 90. Bridge financing gets you to the table.

Existing Lender Too Slow

Your permanent lender is committed but can't close on your timeline. Bridge now, refinance later.

Property in Transition

Lease-up, repositioning, or value-add projects that don't qualify for permanent financing yet.

Construction Completion

Project is 80% complete but construction lender won't extend. Bridge to completion and stabilization.

Buy Before You Sell

Found the perfect property but haven't sold your current one. Bridge lets you move without waiting.

Competitive Offer Advantage

All-cash equivalent offers win deals. Bridge financing gives you that competitive edge.

Bridge Loan Rates by Scenario (2026)

Bridge loan pricing depends on use case, leverage, property condition, and exit strategy. Higher-risk scenarios command higher rates.

ScenarioRate RangeLTV / LTCTermClosing Speed
Stabilized Acquisition (65% LTV)8% – 9.5%65%12–24 mo14–21 days
Value-Add / Renovation9% – 11%70–80% LTC24–36 mo21–30 days
Maturity Payoff / Rescue9% – 12%65–75%12–24 mo10–21 days
Bank Fallout / Re-Trade9% – 13%65–75%12–24 mo14–21 days
Partner Buyout9% – 13%65–75%12–24 mo14–28 days
Construction Completion10% – 13%70–80% LTC12–24 mo21–30 days
Ground-Up Construction10% – 14%60–75% LTC18–36 mo30–45 days
Note Purchase / Distressed10% – 14%50–65% of face12–24 mo14–30 days
Foreign National9% – 13%50–65%12–36 mo21–30 days

Rates as of April 2026 based on published lender guidelines and recent transaction experience. Origination fees of 1–2% apply on most programs. See our methodology.

Total Cost of Bridge Debt: What You Actually Pay

Bridge loan rate is only part of the cost. Here's the full picture on a $10M bridge loan at 10% for 18 months.

$10M Bridge Loan — 18 Month Hold

Loan Amount$10,000,000
Interest Rate10.00%
Monthly Interest (I/O)$83,333
Total Interest (18 mo)$1,500,000
Origination Fee (1.5%)$150,000
Legal & Closing$25,000
Appraisal & Environmental$15,000
Extension Fee (6 mo @ 0.25%)$25,000
Total Cost of Capital$1,715,000

17.15% of loan amount over 18 months

After Refi to CMBS at 6.75% — Annual Savings

Bridge Annual Interest$1,000,000
CMBS Annual Interest$675,000
Annual Savings$325,000
5-Year Savings$1,625,000
10-Year Savings$3,250,000

The bridge loan costs $1.7M over 18 months — but the permanent CMBS refi saves $325K every year. The bridge pays for itself in under 6 years, and you hold non-recourse fixed-rate debt for the remaining term.

Loan Details

Bridge loans are priced for speed and flexibility. Here's what to expect:

Loan Range
$1M–$100M

Flexible sizing based on property value and deal structure

Interest Rates
8–12%

Typically 8–12% depending on deal quality and lender

Term Length
6–36 Months

Short-term financing with flexible exit strategies

Close Time
2–4 Weeks

From full submission to funding — significantly faster than conventional

Collateral
CRE & Land

Commercial real estate, mixed-use, and land on select programs

Prepayment
No Penalty Options

Exit early without penalty on select programs

Foreign National Borrowers Accepted

Select bridge loan programs accept foreign national borrowers for U.S. commercial real estate acquisitions. International investors can access the same speed and flexibility as domestic borrowers.

PROPERTY TYPES

Property Types Covered

Bridge financing is available across all major commercial real estate asset classes

Office

Office

Retail

Retail

Industrial

Industrial

Multifamily

Multifamily

Hospitality

Hospitality

Self-Storage

Self-Storage

Land

Land

Mixed-Use

Mixed-Use

Bridge to What?

Bridge loans are designed with an exit strategy in mind. Here are the most common transition scenarios:

Multiple Exit Paths

The best bridge loans are structured with flexibility in mind. PeerSense works with lenders who understand that exit strategies can evolve as market conditions change. No prepayment penalty options ensure you're not locked in if your permanent financing comes through early.

Not sure which loan is right for you?

Take our 60-second quiz to get matched with the right program.

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Bridge Loan Pros and Cons

Pros

  • Fast closing (14–30 days)
  • Asset-focused underwriting (less borrower scrutiny)
  • Flexible prepayment (open after 6–12 months)
  • Higher leverage available (up to 80%)
  • Interest-only payments preserve cash flow

Cons

  • Higher rates (8–15%)
  • Short term (12–36 months) — must have exit plan
  • Often full recourse
  • Extension fees if you don't exit on time
  • Origination fees typically 1–3%

Frequently Asked Questions

A commercial bridge loan is short-term financing (typically 6–36 months) designed to "bridge" the gap between an immediate capital need and permanent financing. Bridge loans close in 2–4 weeks, making them ideal for time-sensitive acquisitions, construction completion, or property transitions that conventional lenders can't accommodate on your timeline.

Related Financing Options

Free Interactive Tool

Bridge-to-CMBS? Size Both Deals in 60 Seconds

Enter your NOI and property value. See max CMBS takeout amount and rate — so you know the exit before you sign the bridge.

Max loan amount Indicative rate DSCR + debt yield Fit narrative No signup required

Get Your Bridge Loan Rate

Bridge / Hotel Refi — Response within 4 business hours. No obligation.

No retainers. Fee at closing only. Your info is confidential.

Deals We Fund

Representative deal profiles showing our typical financing structures and terms.

CMBS / Hotel Refi

$12M Hilton-Flag Hotel — Charlotte, NC

6.75% fixed | 65% LTV | 52-day close

Bridge Loan

$8M Value-Add Multifamily — Tampa, FL

SOFR +395 | 75% LTC | 14-day close

2.1M loans analyzed 500+ capital sources Response in 4 hours No retainers

Need to Close Fast? Get Bridge Financing in 2–4 Weeks.

$1M+ loan size. 25%+ equity. One call gets you a direct introduction to the right bridge lender for your timeline and property type. No mass submissions — we match you with the lender that fits.

500+ capital sources · Closings as fast as 14 days · No upfront fees

PeerSense bridge loan advisory is based in Westfield, Indiana and serves borrowers nationwide. We structure bridge loans for commercial properties in Indiana, the Midwest, and all 50 states. Whether you need a bridge loan in Indianapolis, Chicago, Columbus, Louisville, or anywhere in the U.S., our capital source network closes deals in 2-4 weeks regardless of location.

Disclaimer: PeerSense is not a lender, bank, or financial institution. We are a capital advisory firm that connects borrowers with potential lending partners. All rates, terms, market data, and estimates shown on this page are approximate and subject to change based on market conditions, borrower qualifications, property specifics, and lender discretion. Nothing on this website constitutes financial, legal, or investment advice. Individual results vary. All information should be independently verified. Past performance and market data do not guarantee future results. Consult with qualified legal and financial professionals before making any financing decisions.