Bridge Loan Modeling - Any differences from construction modeling?
Modeling the levered returns for a value-add office deal and wanted to make sure I was handling the bridge loan correctly. While of the debt will go toward the PP, will the remaining debt be drawn to fund the CapEx like with a Construction loan or all at once at purchase?
Thanks guys
It depends on the loan docs and if there is a future funding component for specific CAPEX/TI/LC issues.
Corrupti est iusto nemo vel dolore. Saepe animi totam eum enim omnis omnis alias ab.
Repellendus qui fugiat consequatur sed et natus. Et dolor eum dolor excepturi vel nulla. Beatae aliquam et deleniti eligendi sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...