Loan Products

What we do

We work with real estate sponsors that have the following characteristics:

  • Properties within the continental US in areas with 100,000 or more population
  • Experienced management teams/operators with a strong track record
  • Seeking $10 million minimum transaction size

What we offer

Our balance sheet loan platform provides an array of financing solutions, including:

  • Ground-up construction
  • Permanent financing for stabilized projects on a fixed and variable rate basis
  • Bridge financing for stabilized and unstabilized projects

Loan products

The flexibility of our balance sheet loan program allows us to tailor financing solutions for your needs in an effort to support your business plan and maximize your profits. That flexibility, combined with responsiveness, pricing and certainty of execution, make it one of the most competitive products in the market.

Construction

Our construction product provides first mortgage ground-up multifamily and commercial construction financing.

Typical terms include:

  • From $10 million to $100 million with capacity to provide larger loans through syndication
  • Up to 75% LTC and 65 to 70% stabilized LTV—up to 4 years interest-only during construction
  • Adequate preleasing for non-multifamily properties
  • Guarantees with burn down at completion of construction and at stabilization
  • Options available to covert to fixed rate

Acquisition/Rehab

Our acquisition/rehab product provides first mortgage bridge loans to reposition assets to B quality or better through stabilization when a sale or permanent financing may be achieved.

Typical terms include:

  • From $5 million to $50 million, with portfolios up to $100 million and capacity to provide larger loans through syndication
  • Up to 75% LTC
  • Floating rate with caps and swaps available
  • Interest-only available
  • Nonrecourse, except for standard carve-outs
  • Flexible prepayment

Permanent

Our permanent product provides permanent loans ranging from 3 to 10 years with favorable prepayment options for Class A and B stabilized properties.

Typical terms include:

  • From $5 million to $125 million, with portfolios over $125 million and capacity to provide larger loans through syndication
  • Up to 75% LTV and 30-year amortization
  • Rate lock 1% at application for 60 days
  • Nonrecourse, except for standard carve-outs
  • Market leading prepay flex that includes prepayment of only 0.5% during the second half of the loan term

Target asset classes

  • Anchored Retail
  • Hospitality
  • Industrial
  • Manufactured Housing
  • Multifamily
  • Office
  • Self-Storage
  • Senior Housing
  • Student Housing

Get in touch

Our people

Find out how our tailored financing solutions can work for you.

Contact us

Looking for more information? Let's connect.

Loans are subject to credit approval.

BB&T Real Estate Funding is a subsidiary of Branch Banking and Trust Company(opens in a new tab), Member FDIC. Both are Equal Housing Lenders.