Some other preferred play with to have a connection loan is always to let support financial support having that loan covered by the U Bridge fund are typically varying price mortgage loans which have desire-simply repayments You’ve discover the ideal investment flat building: a reputable property into the a primary area that simply needs an excellent face-elevator to justify a rental increase. Resource the acquisition and you can developments are simple enough having a bridge loan. Within the 2018, Greystone offered on $step 1 billion during the connection capital, twice as much off link funds approved the year prior to, states Anthony Alicea, head of manufacturing because of its Portfolio Lending Group.