Tampa small-commercial bridge.

01 / The challenge

The initial challenge.

The hypothetical buyer is evaluating a leased small commercial investment property. The financing discussion needs to consider the actual property use, lease position, title, physical condition and the prerequisites for a later refinance. This example does not establish a separate Palermo commercial-lending product or automatic property eligibility.

02 / The structure

The financing structure.

The fictional purchase price is $1,300,000, with an $800,000 first-lien bridge loan and a $500,000 buyer contribution before closing costs. Although a separate hypothetical estimate is $1,400,000, the example uses the lower purchase-price basis for LTV: 61.54%. The full commitment is advanced initially, with no construction holdback.

LTV uses the explicitly stated property-value basis. LTC uses the stated total project cost. These sample ratios do not establish lending limits.

03 / Key considerations

Key considerations.

• Provide property use, lease and operating information for review.
• Review title and physical condition, with additional diligence as appropriate to the property.
• Identify the conditions a later lender would need before relying on a refinance exit.