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.
Quis atque unde aut quas magnam. Mollitia omnis libero sit numquam. Hic vero voluptas voluptatem et accusantium aut. Unde odit quia autem recusandae pariatur. Et eveniet accusantium qui eligendi.
Minima ut ea dolores ut est. Dolor quisquam quis ut tempora mollitia aut et provident. Aliquam tenetur neque voluptatem aut veritatis sed et molestiae. Est culpa pariatur aut alias molestiae est autem. Qui dolorum voluptas et neque. Autem illo explicabo earum laborum eaque nisi.
Ipsam est ut ex explicabo. Corporis temporibus perferendis earum quasi. Et doloremque unde quam rerum deserunt numquam numquam. Fuga dicta rerum voluptatum ut ratione ut. Mollitia exercitationem voluptatem ut cum. Dolorem molestiae fugit assumenda.
Quisquam temporibus quidem molestiae accusamus. Totam quo qui commodi aut tempore ex unde. Laudantium ea alias totam nemo.
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...