Seeking $7.1M Senior Bridge (70% LTC) – 100k+ sqft commercial
I am currently negotiating the acquisition and repositioning of a 100,000 SF commercial building in the Camp Hill / Mechanicsburg, PA market.
This will be an owner-occupied redevelopment into an indoor sports training and family entertainment facility under a long-term NNN lease structure.
I am seeking a senior secured bridge loan or structured equity partner.
Project Summary
Purchase Price: $8.25M
Renovation Budget: $2.0M
Total Project Cost: $10.25M
Projected Stabilized Value: $12.5M
Seeking up to 70% loan-to-cost (~$7.1M).
At stabilization, projected LTV is approximately 57%, creating a conservative refinance position.
Proposed Debt Structure
- 24–36 month term
- First lien on real estate
- 12% annual return (bridge structure)
- SBA refinance planned upon stabilization
- Personal guarantees available
- Significant sponsor equity invested (~$3M+)
Renovation funds included in total loan structure.
Business Plan Overview
The property will be owned by HoldCo and leased to an operating company under a long-term NNN agreement.
Revenue will be generated through:
- Recurring baseball and softball training memberships
- League programming
- Multi-sport simulator suites
- Events, retail, and concessions
The model combines recurring membership revenue with event-based income.
Full underwriting package and financial projections available upon request.
Experience
- 20+ real estate transactions
- Extensive value-add rehab experience
- Construction management background
- Personal capital invested alongside partners
I am looking to connect with experienced bridge lenders or capital partners comfortable with owner-occupied commercial repositioning and SBA takeout strategies.
Please message directly for executive summary and underwriting package.
— Jeremy Scott