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Nadia OkonkwoExpertJun 13, 2026
Debt funds have filled most of the gap the regionals left. You'll pay up versus 2021, but the certainty of close is worth it on a clock. Build relationships with two or three before you need them.
Started by Hannah Kim · Jun 13, 2026
Regional banks have gone quiet on us. Curious where people are sourcing bridge debt and roughly where it's pricing for a clean value-add story.
Debt funds have filled most of the gap the regionals left. You'll pay up versus 2021, but the certainty of close is worth it on a clock. Build relationships with two or three before you need them.
Seconding the debt-fund route. We closed one in three weeks when our bank ghosted us at the LOI stage. The rate stung but the deal would've died otherwise.
One tip: ask any new debt fund for their last three closings at your size and product. Plenty quote aggressively and then re-trade at the table.