X-Caliber, a national direct commercial real estate lender focused on impact lending, today announced it has made enhancements to its Multifamily Bridge Loan Program, offering more competitive terms and greater flexibility to help borrowers close before year-end while waiting for property performance and NOI to stabilize.

The program now features fixed-rate, non-recourse loans in the low- to mid-6% range, with up to 75% loan-to-value (LTV) and terms of up to three years. Loan amounts range from $12 million to $80 million, providing a short-term financing solution for stabilized or near-stabilized multifamily properties that need interim support before locking into long-term debt.

“We’ve recognized a growing need among borrowers to keep transactions on track as the year draws to a close, even when property performance isn’t fully stabilized,” said Jeff Goldberg, Chief Credit Officer, Executive Managing Director, at X-Caliber. “These program enhancements are designed to meet that need — giving owners a reliable, flexible option to close on time without compromising their long-term financing strategy.”

According to the Mortgage Bankers Association, approximately $957 billion in commercial and multifamily mortgage debt is set to mature in 2025, representing roughly 20% of outstanding balances. At the same time, multifamily fundamentals remain solid, with net absorption up 20% year-over-year in the first half of 2025 and new completions down 9%, according to NAR Research. These conditions are driving demand for short-term, execution-focused capital solutions that help bridge the gap between timing, performance, and market readiness.

“In today’s environment, certainty of execution is critical — especially in the fourth quarter,” added Mike Hammond, Head of Originations, Executive Managing Director, X-Caliber. “Our bridge program gives borrowers the flexibility to manage through NOI transitions, refinance when market conditions align, and keep their investment timelines on track.”

Key Highlights

• Fixed-rate, non-recourse structure in the low to mid-6% range
• Up to 75% LTV, 3-year term
• No prepayment penalty — refinance at any time
• Loan amounts from $12 million to $80 million
• Designed for stabilized and near-stabilized multifamily properties
• Ideal for year-end closings, NOI transitions, and bridge-to-agency executions

As borrowers and developers work to complete transactions before December 31, the enhanced Multifamily Bridge Loan Program provides a timely and dependable solution to maintain deal momentum, address maturing debt, and prepare for long-term financing in 2026.

For more information, visit www.x-caliber.com.

About X-Caliber Capital Holdings LLC (“X-Caliber”) – www.x-caliber.com

X-Caliber Capital Holdings is a nationally recognized commercial real estate finance franchise whose affiliates provide direct mortgage lending, servicing, advisory, and investment opportunities. Its growing lending platforms include FHA, bridge, USDA, and C-PACE financing, delivering impact-oriented solutions that support strong, resilient communities.

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X-Caliber Introduces a New Multifamily Bridge Offering to Assist with Year-End Closings