Delacorte Capital provides senior bridge loans from $1 million to $50 million across the continental United States, with leverage up to 50% LTV and closings as fast as 30 days for qualified, complete transactions.
Delacorte Capital underwrites senior bridge loans secured by hotel and multifamily properties. Approved transactions may be funded from our balance sheet or through table-funded structures. The funding method is determined at our discretion based on the transaction, available balance-sheet capacity, liquidity, and closing requirements at the time.
We stay within the asset classes we know and underwrite every transaction around collateral value, current operations, sponsor execution, and a credible exit.
Bridge financing secured by multifamily properties with supportable value and a defined business plan.
Bridge financing secured by hotel properties with a credible operating strategy and identifiable takeout.
A complete, internally consistent file allows us to evaluate the request faster and protect the closing timeline.
Property condition, location, operating history, market support, and current value.
Purchase price or cost basis, existing debt, requested proceeds, and compliance with the 50% maximum LTV.
Relevant ownership and operating experience, financial capacity, responsiveness, and transaction readiness.
A realistic path to refinance, sale, or repayment within the proposed bridge term.
The fastest transactions begin with a clear request and a complete initial package.
Email the essential facts so we can evaluate preliminary fit.
We review the collateral, operations, sponsor, leverage, and exit strategy.
Qualified transactions with complete information can close as fast as 30 days.
Send the property address, requested amount, estimated value, use of proceeds, and target closing date.
Approved transactions may be funded from Delacorte Capital’s balance sheet or through a table-funded structure. The funding method is determined at Delacorte Capital’s discretion based on the transaction, available balance-sheet capacity, liquidity, and closing requirements at the time.
Our bridge loan range is $1,000,000 to $50,000,000, subject to underwriting and final approval.
We consider hotel and multifamily properties only.
We consider eligible hotel and multifamily properties throughout the continental United States.
Maximum leverage is 50% loan-to-value. Actual proceeds may be lower based on collateral, operations, sponsor strength, and transaction risk.
Qualified transactions can close as fast as 30 days when the file is complete, all parties are responsive, third-party reports are satisfactory, and underwriting conditions are cleared. The timing is not guaranteed.
Bridge lending for hotel and multifamily properties across the continental United States.
Program information is provided for general informational purposes only and does not constitute a commitment to lend, an offer, or a guarantee of terms or closing. All transactions are subject to complete underwriting, satisfactory due diligence and third-party reports, legal and title review, documentation, and final approval by Delacorte Capital. Funding source and method are determined by Delacorte Capital at its discretion based on the transaction, available balance-sheet capacity, liquidity, and closing requirements at the time. Maximum leverage, loan amount, and timing may be reduced or changed based on transaction-specific risk. A closing as fast as 30 days assumes a complete file, responsive transaction parties, satisfactory third-party reports, and timely satisfaction of all conditions.
Debt + equity options for multifamily, hotel, build-to-rent, build-to-sell, and lot development requests. We structure the stack, package the story, and place capital through a national network.
We can structure debt + equity across the development and bridge lifecycle without rebuilding the story at each milestone.
Stratas is currently focused on underwriteable commercial real estate requests in the development and bridge lane: multifamily, build-to-rent, build-to-sell, hotels, and lot development.
Development, bridge, stabilization, or refinance paths for apartment projects with a clear sponsor story and exit strategy.
Capital placement for rental communities where the plan, budget, market, and takeout path are clear from the start.
Build-to-sell requests can be reviewed when the sponsor has a defined plan, presale strategy, budget, and exit.
Condo and build-to-sell multifamily requests work best with strong market support, presales, and a clean development package.
Hotel requests can include construction, acquisition bridge, stabilization, conversion, rebrand, or refinance of a current loan.
Horizontal development, sitework, and soft-cost requests for lots intended to be sold or moved into the next financing phase.
Use the full CRE fit application at /cre-application, or call the team if you want to talk through the structure first.
We build the deal package so it is underwriteable: clean story, clean numbers, clean documents. Then we match the capital partner to your phase, collateral, market, and risk profile.
These ranges are context only. Final terms depend on asset type, market, sponsor strength, project readiness, diligence, and capital partner appetite.
Final leverage, reserves, recourse, and conditions depend on underwriting, third-party reports, lender appetite, and capital partner approval.
When the stack requires equity or preferred equity, Stratas can help structure and place it so you close without burning leverage or time.
Most sponsors do not just need a lender. They need a stack that fits the asset, the phase, the leverage, and the exit.
Early-phase capital to keep momentum before the full stack is live.
Ground-up or heavy rehab structures with draws and realistic covenants.
Transitional capital when NOI and occupancy are still ramping.
Refinance a maturing bridge or current loan while the next exit is positioned.
Bridge capital for conversion, repositioning, or another underwriteable improvement plan.
Fill gaps and increase leverage without breaking the senior terms.
Investor capital when the stack needs equity to close.
Hotel-only rebrand support and property conversion bridge requests when the plan is underwriteable.
Start with the full CRE fit application. We will use the same screening logic to route the request to the right capital path.
Names shown below are anonymized. Examples reflect the current Stratas focus: multifamily, build-to-rent, build-to-sell, hotels, and lot development requests.
“We needed a clean package and a realistic capital stack. Stratas helped organize both before lender conversations started.”
“The process forced the right questions early: sponsor equity, budget, draw schedule, and refinance path.”
“Stratas helped frame the lot development, presale plan, and sources and uses in a way that made sense.”
“The hotel story was complicated. They focused the package around brand, PIP, occupancy, and takeout.”
“They did not blast the file everywhere; they routed it to partners that understood the hotel execution.”
“The first-round package made the entitlement, sitework, budget, and lot sale exit much easier to explain.”
If you are a developer with an active multifamily, hotel, build-to-rent, build-to-sell, or lot development execution, we can quickly confirm fit and tell you what we need for Round 1.
Ben Birch: Founder & CEO of Stratas
Ben has over 10 years of industry experience in commercial real estate financing, development, and capital placement. He has led Stratas by combining a powerful capital network with technology-driven systems that improve underwriting, streamline processes, and accelerate execution.
General team line: 725-257-5354 • [email protected] • Book a call with the team
Our typical minimum CRE deal size is $5,000,000. If you are close, apply anyway; we will confirm fit quickly.
Yes. Soft costs / pre-development capital is a common use case. Terms and leverage depend on readiness, market, and sponsor profile.
Yes. When the stack requires equity, we can help structure and place LP equity, GP equity, preferred equity, and JV options, deal dependent.
Speed is file-driven. Clean budgets, plans, sources and uses, sponsor equity, market support, and quick follow-up help protect the timeline.
No. Stratas is a broker. We structure, package, and place capital through a network of lenders and investors. All terms depend on underwriting and partner approval.
Submit the full CRE fit application at /cre-application. It includes the customer-facing questions for sponsor, asset, market, capital stack, terms, and Round 1 document guidance. You can also start with the current shorter CRE request if you only want to submit basics first.
Start with the full CRE fit application, or call the team. We will tell you quickly what we can do and what we need next.
