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Office bridge

Office Bridge
Loans.

Short-term, interest-only financing for office buildings with a loan coming due, space to fill, or a purchase that has to close on time. Once the building is leased, a 30 year fixed is one way to refinance.

Get a QuoteSee typical terms
Program Snapshot
$1M
Minimum loan
$50M
Maximum loan
75%
Maximum LTV
6 to 36 mo
Term
Medical, professional, and multi-tenant office
Maturing loans and vacant space considered
Seller credits and seller financing allowed on purchases
30 year fixed office loans available to refinance
How it works

See how
office bridge works

Office is the hardest property type to refinance right now. Many banks have pulled back from it, and an office loan written five years ago may come due with a few suites empty and a lender that doesn't want to renew. A long-term office loan wants the building stabilized, with leases in place and income that supports the payment.

An office bridge loan gives the building time. It pays off the maturing loan or closes the purchase, and the interest-only payment keeps carrying costs down while you lease the empty suites. Once the building is leased, you can refinance into long-term debt. Our Office DSCR loan is one option, with a 30 year fixed available.

  • Pay off an office loan your bank won't renew
  • Buy an office building with vacant suites to lease up
  • Take cash out to fund tenant improvements and leasing costs
Typical terms

What you can typically borrow

These are typical ranges, not a quote. Your terms depend on the building, the equity in it, your credit, and how quickly it needs to close.

Loan Amount
$1,000,000 to $50,000,000
Maximum LTV
75%Including cash out
Loan Term
6 to 36 monthsExtensions available
Payments
Interest onlyNo principal during the term
Office types
Medical, professional, and multi-tenantSuburban and downtown
Occupancy
Vacant suites consideredBelow long-term loan minimums
Valuation
Appraisal, BPO, or neitherPhotos and video only on strong loans
Documentation
Tax returns often not required
Additional Collateral
Free and clear propertyCan be pledged to reduce cash to close
Prepayment
Usually noneMinimum interest may apply on some loans
Lease rollover
Upcoming expirations reviewedWeighed against the leasing plan
Exit
Refinance or saleOffice DSCR is one option, with a 30 year fixed
Eligible Borrowers
LLC, LP, corporation, or trustNon-recourse available on loans of $5M and up
Available in
35 statesAL, AK, AR, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MS, MO, MT, NE, NH, NM, OH, OK, PA, SC, TN, TX, VA, WA, WV, WI, WY, DC. Very rural areas within these states may be restricted.
Note: These are typical terms. Yours depend on the property, the equity in it, the exit, and how quickly it needs to close. Bridge is for non-owner-occupied property only.
Office loan coming due or suites to fill?
Send the rent roll, the address, and the date.
Get a Quote
The exit
Refinancing out? We have a program for that.

Once the suites are leased, you can refinance the bridge with any lender. One option is our Office DSCR loan, with a 30 year fixed available, which is rare on office.

6 to 36 mo
Bridge term to lease the building
30 yr
Fixed available on our Office DSCR loan
Office Bridge Questions

Frequently asked

What is an office bridge loan?+
A short-term, interest-only loan on an office building that isn't ready for long-term financing yet. It covers a maturing loan, vacant space, or a purchase on a deadline, then gets replaced by a long-term office loan once the building is leased.
My bank won't renew my office loan. What are my options?+
A bridge loan can pay off the maturing loan and give you time to lease the building. Once occupancy and income support it, you can refinance into long-term debt. Our Office DSCR loan is one option, with a 30 year fixed available.
Can I get a bridge loan on a partially vacant office building?+
Yes. Vacant suites are exactly what bridge is for. The equity in the building and a realistic leasing plan matter more than today's occupancy.
Can I use a bridge loan for tenant improvements?+
Cash out from the bridge can fund tenant improvements and leasing costs, as long as the loan stays within 75% of value.
Can the seller help with my down payment or closing costs?+
Yes, on qualifying purchases. The seller can carry up to one third of your down payment, and there's no set limit on seller credits. If you plan to use either one, tell us when you send the deal and we'll build the loan around it.
Do I need an appraisal?+
Not always. Many bridge loans use a BPO instead, and some lower leverage loans need no formal valuation at all, just property photos and a video walkthrough. The value still gets checked either way.
Is medical office eligible?+
Yes. Medical, dental, and outpatient office buildings are common bridge requests, especially when a tenant has left and the space needs medical build-out for the next one.
Where does Capituro offer office bridge loans?+
In 35 states: Alabama, Alaska, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin, and Wyoming. Very rural areas within these states may be restricted. Send the address and we'll confirm whether your property fits.
Other property types

Other bridge types

All bridge loans
Two-story garden-style apartment building with exterior renovation underway on one wing
Multifamily

Apartment buildings in lease-up, value add, or coming off a maturing loan.

Neighborhood strip center with several storefronts and a few empty suites
Retail

Strip centers and standalone retail between tenants or coming off a maturing loan.

Single-story warehouse building with loading docks and an empty truck court
Warehouse

Vacant or partially leased warehouse, flex, and light industrial.

Self storage facility with rows of drive-up units and a climate controlled building
Self storage

Facilities still filling up, or coming off a maturing loan.

Three-story brick mixed use building with storefronts below and apartments above
Mixed use

Buildings with vacant commercial space below or residential still leasing.

Two-story garden-style apartment buildings under a clear sky
Bridge Loans

The Speed Bridge program, every property type and situation.

Get Started

Office building between loans? Let's look at the bridge.

Send the address, the rent roll, and when it needs to close. Planning to use seller credits or seller financing? Mention it and we'll build the loan around it.

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