BTFU™ — 24-Month Bridge + 36-Month Stabilization
Construction-ready, value-add, or finish-up bridge with a built-in take-out structure. Phase 1: SOFR + 750, 3% origination, up to 70% senior, up to 25% equity. Phase 2: SOFR + 350, 2% refinance fee — no new application.
Why Choose CR Equity AI for BTFU™
Construction-ready and value-add capital with phased SOFR pricing and fast AI underwriting
AI-Driven Underwriting
Fast approvals with AI-powered analysis — clear terms for sponsors executing construction, value-add, or finish-up plans.
Two-Phase Structure
Phase 1 bridge for acquisition or heavy lift; Phase 2 stabilization for lease-up, seasoning, or transition — smooth handoff, no new application.
Broad Asset Coverage
Multifamily, mixed-use, industrial, hospitality, and commercial repositioning — all asset types except RV and trailer parks.
Built-In Take-Out Path
Designed for bridge-to-perm and long-term refinance once operational targets are met.
Key Program Highlights
Phase 1 bridge and Phase 2 stabilization — terms at a glance
Is BTFU™ Right for Your Deal?
Check fit based on transition profile and exit strategy.
Eligible
- Investors and sponsors with construction-ready, value-add, or finish-up projects
- Entity borrowers with credible stabilization or takeout plans
- Multifamily, mixed-use, industrial, hospitality, and commercial repositioning
- Business-purpose commercial transactions
Not Eligible
- RV parks and trailer parks
- Consumer-purpose or owner-occupied primary residence loans
- Deals without a credible exit or stabilization thesis
Where BTFU™ Works Best
Value-add multifamily, hospitality, industrial, retail, office conversions, and bridge-to-perm execution.
Value-Add Multifamily
Heavy-lift renovations, unit turns, and rent growth before permanent financing.
Heavy-Lift Repositioning
Capital to execute business plans where in-place cash flow is still ramping.
Hospitality Conversions
Adaptive reuse and conversion timelines with phased debt structure.
Industrial Redevelopment
Reposition industrial or logistics assets with bridge then stabilization.
Office-to-Residential
Support conversion and lease-up with a clear path to stabilized takeout.
Construction Completion
Finish-up capital to complete work and reach stabilization milestones.
Bridge-to-Perm Strategies
Align short-term execution with long-term refinance or agency takeout.
Sponsor Feedback
How operators use BTFU™ for repositioning and stabilization.
Frequently Asked Questions
Common BTFU™ underwriting and structuring questions.
Bridge-to-Finish-Up™ — a two-phase structure: an up-to-24-month bridge loan and an up-to-36-month stabilization bridge with a built-in path to takeout.
Phase 1 (bridge): SOFR + 750, 3% origination, up to 70% senior debt, equity placement up to 25%. Phase 2 (stabilization): SOFR + 350 with a 2% refinance fee — designed for lease-up, stabilization, or seasoning without a new application.
Multifamily, mixed-use, industrial, hospitality, and most commercial repositioning strategies. RV parks and trailer parks are excluded.
Investors and sponsors who need construction-ready or value-add bridge capital with a defined stabilization phase before permanent financing or sale.
Need a Bridge With a Built-In Stabilization Path?
BTFU™ pairs a 24-month bridge with a 36-month stabilization phase — SOFR-based pricing, AI-driven approvals, and a smooth transition to takeout.