Core Bridge Loan Program

Providing financing solutions

Red Oak is an investor-driven commercial debt fund sponsor that provides short-term financing solutions on commercial real estate assets nationally. Our experienced team of capital markets and lending experts are adept at applying institutional-caliber underwriting standards to small-balance sheet loans.

Core Bridge Loan Program

Program Description

Fixed-rate bridge lending program for institutional-quality commercial real estate assets that are in transition and are currently cash flowing (l.00x or greater).

Why consider this program?
  • You need additional financing to complete a property acquisition or development project

  • You're seeking short-term funding to rehabilitate an asset

  • You need flexible, non-permanent capital to implement an expansion, renovations or conversion on a core commercial real estate asset

Why choose Red Oak?

Red Oak can, depending on the upside potential, provide a higher loan-to-cost than many other small-mid balance bridge lenders in the market.

financing parameters

Property Types

Multifamily, Office, Industrial, Retail, Self Storage, Hospitality, Manufactured Housing

Loan Amount

$2 Million to $20 Million

Loan Purpose 

Acquisition, Stabilization, Refinance, Expansion, Rehabilitation, Situational  

Asset Location

Primary, secondary & select tertiary markets


Up to 75% LTV (based on stabilized value)
Up to 75% LTC (based on transaction underwriting)

Interest Rate

Starting at 6.99% (interest only)

Loan Term

1 to 5 Years (fully extended)


6 to 12 months, available at market extension fees

Origination &
Exit Fees

Market competitive fees adjusted to loan size, timing and complexity

Lien Position

First mortgage, deed of trust or note hypothecation for note-on-note financing

CapEx Holdack

Holdbacks for renovations, with timely review and disbursements typically occurring within 10 days after submission of a complete draw request package


Non-recourse, other than standard "bad boy acts" or recourse structure for higher-risk transactions

Timing to Close

30-45 days from application


Interest only, more structure/sweeps may be required on case-by-case basis

Debt Service Reserve

Properties must provide at lease break-even debt service coverage (1.00x on existing cash flow)

Minimum Interest

Minimum interest pre-payment penalty, generally half of initial term

TI/LC/Rehab Facility

Future funding facility towards tenant improvements and leasing commissions


Expense deposit adequate to cover third-party reports, legal fees and other customary deal costs


To request information about our company, please complete the form and someone will be in touch shortly.

625 Kenmoor Avenue SE, Suite 200
Grand Rapids, MI 49546
[email protected]