Structured Finance
Mid-market multifamily & commercial debt.
Everyone in private lending is fighting over 1–4 unit DSCR boxes. We work the space the banks are leaving — 5–100 unit multifamily and small-balance commercial, $1M–$10M+, bridge to institutional execution.
2026 is a debt problem, not an asset problem.
Sound properties with sound sponsors are hitting maturities their original lender won't refinance.
The maturity wall
A historic volume of CRE debt written at 3–4% comes due through 2026–2027 — into a 7%+ refinance market. The math that worked at origination doesn’t work at maturity.
Banks are retreating
Regional banks — the traditional home of 5–100 unit multifamily and small commercial — are shrinking CRE books. Good assets with good sponsors are losing their lender, not their fundamentals.
Nobody serves the middle
Private lenders chase 1–4 unit DSCR boxes. Institutional shops won’t look under $10M. The $1M–$10M owner with a maturing loan has the fewest options at exactly the wrong time.
Four ways out of a maturity squeeze.
Maturity & rescue bridge
818 directDirect 818 bridge capital to take out a maturing loan fast — buying time to season NOI, finish a business plan, or sell on your schedule instead of the bank’s.
Maturity refinance placement
Capital markets deskOne submission, priced across our institutional capital network — banks, credit unions, debt funds, and agency-adjacent programs. We run best execution; you pick the term sheet.
Cash-in restructure
Advisory + executionWhen today’s value needs new equity to refinance, we structure the cash-in, the new debt, and the timeline — before the lender forces the conversation.
Bridge-to-perm
818 direct → placed818 bridge now; institutional takeout when the asset stabilizes. We pre-plan the exit at the bridge closing so there’s no second scramble.
818 is a direct lender on its own bridge transactions and runs a capital markets desk for institutional placement. Every term sheet tells you which one you're looking at.
Best Execution
One submission. Every relevant lender priced.
Your deal is packaged once — rent roll, T-12, sponsor profile, business plan — and priced across our institutional capital network: banks, credit unions, debt funds, and agency-adjacent programs. We rank the executions by all-in cost and certainty of close, not by who pays us most, and run the closing through the same document and party-coordination system we use on every 818 deal.
$1M–$10M+
deal size range
5–100
units (and small CRE)
48
states covered
Real Deal · Clear to Close
33 units in Fort Myers. $3.15M at 6.66%.
A 33-unit multifamily asset in Fort Myers — exactly the mid-market profile most private lenders won't touch and most institutional shops won't look at. We packaged the file once — rent roll, T-12, sponsor profile — priced it across the desk, and structured the debt with a Florida regional bank: $3,150,000 at 75% LTV and 6.66% — bank execution at a moment when most owners can't get a bank to return the call.
The closing runs through the same document and party-coordination system as every 818 deal — title, insurance, and lender counsel on one shared timeline.
The Deal at a Glance
6.66%
bank execution · arranged by 818
Terms reflect the executed structure on a single transaction currently in closing; figures are not a quote or guarantee, and individual results vary. Debt arranged by 818 Capital Partners and funded by an institutional lender. Not a commitment to lend or arrange.
Tell us about your situation.
Reviewed directly by our principal — not a call center. Reply within 4 business hours.
Maturity & restructuring FAQ
My multifamily loan matures soon and my bank won’t renew. What are my options?+
Typically four: refinance with a new permanent lender, bridge the maturity to buy time, restructure with a cash-in to fit today’s leverage, or sell. The right answer depends on your NOI trend, current leverage, and timeline. We price the refinance and the bridge in parallel so you can compare real numbers, not theories.
What is rescue capital?+
Short-term financing that takes out a maturing or defaulted loan when conventional refinancing is not immediately available — usually a bridge loan sized to today’s value, sometimes paired with new sponsor equity (a cash-in). It converts a forced timeline into a managed one.
Is a bank workout better than refinancing?+
A workout (extension, modification, or forbearance) can be cheaper if your bank is willing — but it leaves the relationship and the timeline in the bank’s control. Refinancing or bridging resets control to you. We help owners evaluate both, and banks often negotiate differently when the borrower has a funded alternative on the table.
Do you lend directly or place the debt?+
Both, honestly disclosed. 818 lends directly on bridge transactions where speed matters. For permanent debt, we run a capital markets desk that places your loan across institutional lenders for best execution. You always know which side of the desk a term sheet comes from.
What size deals do you work on?+
Mid-market: roughly $1M to $10M+ in total debt, on 5–100 unit multifamily, mixed-use, and small-balance commercial and industrial assets across 48 states.
The worst time to start this conversation is at maturity.
If your loan comes due in the next 18 months, the options are wider today than they will be in 90 days.
Not a commitment to lend or arrange. All financings subject to credit approval, underwriting, lender program availability, and property qualifications. Equal Housing Opportunity. NMLS #2832335.