$2,000,000
Grapevine, TX
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Prime property in an Opportunity Zone Fund—modern design, strategic location. Ideal investment opportunity for economic growth.
SORFI
We specialize in solving problems through short-term real estate collateralized lending. We originate through our private originator, SORFI, LLC. Whether you need a bridge loan because you are short on capital, need quick funding, do not yet qualify for a bank loan, need development or rehab funds, or have some other issue that requires short term capital, we are there to understand the complexities of your situation and provide quick funding.
SORFI
We specialize in solving problems through short-term real estate collateralized lending. We originate through our private originator, SORFI, LLC. Whether you need a bridge loan because you are short on capital, need quick funding, do not yet qualify for a bank loan, need development or rehab funds, or have some other issue that requires short term capital, we are there to understand the complexities of your situation and provide quick funding.
Short Term Commercial Real Estate Loans
Eligible Asset Classes:
- Hospitality
- Multi-Family
- Mixed Use
- Office
- Retail
- Restaurants
- Industrial
- Warehouse
- Self-Storage
- Land/Lots
- Specialty Assets Classes (on a case-by-case basis)
Complicated and distressed deals welcome as we specialize in unique situations and do not sell loans, so there is no ‘box’ your deal must fit into
In-house valuations allow us to fund quickly without the delays of waiting for an appraisal.
All loans are serviced in house, so draws, extensions, and questions are handled quickly.
No minimum credit score and often no credit check (background check required)
Transitional properties accepted with no cash flow or DSCR requirements
No hidden fees – only our origination points and rate (or whatever else we agree to in the term sheet)
Customized loan documents for every loan to ensure we are accurately capturing the uniqueness of your loan
Bankruptcy and Debtor-In-Possession (DIP) financing allowed
No prepayment penalties
Loan Charicteristics
First liens only
$1mm to $15mm loan amounts
Max As-Is/Purchase LTV of 65%
Can fund loans nationwide in primary and secondary markets and are most aggressive in the Western US.
Loan terms up to 12 months plus extensions
2%-3% Origination Fees
Rates starting at 12%
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