Bridge Loans in Detroit, MI
Find lenders offering bridge loans in the Detroit, including Dearborn, Troy, Southfield, and surrounding areas. Compare rates, terms, and programs from 42 lenders.
Bridge Lenders Serving Detroit
42 lenders offering bridge loans in the Detroit, MI area.
PNC Bank, National Association
SBAWILMINGTON, DE
One of the largest U.S. banks, offering SBA 7(a) and 504 loans, commercial real estate, equipment financing, lines of credit, and comprehensive treasury management. Full-service business banking across the eastern United States.
Acore Capital
New York, NY
Commercial real estate finance company providing bridge, mezzanine, and preferred equity. $20B+ in originations. Institutional-quality deals.
Anchor Loans
Thousand Oaks, CA
One of the largest hard money lenders in the US. Fix-and-flip, bridge, and rental loans. Fast closings with competitive terms for experienced investors.
Arbor Realty Trust
Uniondale, NY
Major CRE lender and REIT. Bridge, permanent, and agency financing. Specializes in multifamily and commercial properties.
Berkadia
Ambler, PA
Joint venture of Berkshire Hathaway and Jefferies. Commercial mortgage banking, investment sales, and servicing.
Broadmark Realty Capital
Seattle, WA
Private real estate lender offering bridge, construction, and land loans. Now part of Ready Capital. Loans from $500K to $25M+.
CBRE Capital Markets
Dallas, TX
Global CRE services and capital markets. Arranges debt and equity for all commercial property types.
Civic Financial Services
Redondo Beach, CA
Private money lender for residential investment properties. Bridge and DSCR rental loans. Subsidiary of Pacific Western Bank.
Constitution Lending
NJ
Hard money lender focused on new investors. Fix-and-flip and bridge loans with 9.5-12% rates. No experience required. Up to 90% LTV for renovation.
CoreVest Finance
Irvine, CA
Rental portfolio and bridge lender for residential real estate investors. Build-to-rent and portfolio financing specialist. Redwood Trust subsidiary.
Cushman & Wakefield
Chicago, IL
Global CRE services firm with extensive capital markets and financing capabilities across all commercial property types.
Easy Street Capital
Austin, TX
Investment property lender specializing in fix-and-flip, bridge, and DSCR rental loans. Loans approved in 24 hours, close in 48 hours. Min credit score 600.
Greystone
New York, NY
Full-service commercial real estate lending platform. Agency, bridge, mezzanine, and permanent financing. Top Freddie Mac and FHA lender.
Groundfloor
Atlanta, GA
Real estate lending platform offering fix-and-flip and bridge loans. Crowdfunding model provides competitive rates for borrowers.
iBorrow
CA
Commercial real estate bridge lender. Loan amounts up to $100M+. Fast closing for large CRE transactions.
Detroit Commercial Real Estate Market
Detroit's commercial real estate market has undergone a dramatic revitalization over the past decade, with billions of dollars flowing into the greater downtown area. The District Detroit, anchored by the $862 million Little Caesars Arena, has attracted office, residential, and retail development along Woodward Avenue between downtown and Midtown. Dan Gilbert's Bedrock real estate portfolio has acquired and renovated over 100 properties totaling more than 18 million square feet in the downtown core. The Corktown neighborhood, anchored by Ford Motor Company's Michigan Central Station redevelopment into a mobility innovation campus, represents the next major growth submarket. Industrial demand remains robust along the I-75 and I-94 corridors serving the automotive supply chain.
Key Economic Drivers
- ●Automotive industry headquarters including GM's Renaissance Center, Ford in Corktown, and Stellantis
- ●Bedrock/Quicken Loans (Rocket Companies) downtown office and mixed-use portfolio
- ●Henry Ford Health, Beaumont, and Detroit Medical Center hospital system campuses
- ●Michigan Central Station mobility innovation campus and Corktown tech hub development
Market Insight
Detroit's Transformational Brownfield program has approved over $1 billion in tax increment financing for major CRE projects, and the city's Opportunity Zone coverage of most of the downtown and surrounding neighborhoods offers investors significant capital gains tax benefits.
Bridge Loans in Detroit, Michigan
Commercial bridge loans provide short-term financing (typically 6-36 months) to acquire, renovate, or stabilize a property before securing permanent financing or selling. They close fast and offer flexibility that traditional loans can't match. In the Detroit metro area, borrowers can access 42 lenders offering Bridge financing, including Dearborn, Troy, Southfield, and surrounding areas. Loan amounts typically range from $250K to $50M with rates from 8% - 12%.
Who Should Consider Bridge Loans?
- Value-add acquisitions
- Renovations before refinance
- Properties not yet stabilized
- Time-sensitive deals
Key Requirements
- Clear exit strategy (refinance or sale)
- Sufficient equity or down payment
- Property with upside potential
- Borrower experience (preferred)
Advantages
- ✓Extremely fast closing
- ✓Flexible underwriting
- ✓Interest-only payments
- ✓Finance properties conventional lenders won't touch
Considerations
- •Higher interest rates
- •Short term requires exit strategy
- •Origination fees (1-3 points)
- •Prepayment penalties possible
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