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About | Seasoned Loan Sales | Loan Origination Opportunities | Completed Transactions | Documents | Help Bridger has been engaged to identify lenders to provide financing for the following new loan requests. For further information, and to obtain a due diligence package, please call Karen Kauh at (415) 289-3231 or kkauh@bridgerfunding.com. Property Name Click for details Balance Performance Level Interest Type Maturity LTV DSCR Coupon Seattle Industrial Building– () – Please contact Karen Kauh at (415) 289-3231 for additional information. The Borrower is seeking a first mortgage loan of $11,300,000, or maximum proceeds available, to finance the purchase and renovation of an industrial property in Seattle, WA. The Property is currently 100% leased. Prior to purchasing the Property, the Borrower will execute a 12-year lease for approximately 76% of NRA with a major credit tenant to begin January 1, 2010. They are also negotiating a lease buy-out with the tenant that occupies the majority of the space to be occupied by this tenant. After the Borrower has title to the Property, they will complete tenant improvements for this space estimated at approximately $2,000,000. The total project cost for purchase, construction, and soft costs is estimated at $15,380,707. The Borrower’s desired loan structure includes a 1 year interest-only bridge loan financing the Property purchase and construction period for the major tenants’ improvements. Upon commencement of the lease on January 1, 2010, the loan would convert to a permanent loan or mini-perm with a 30 year amortization. The building improvements consist of three concrete buildings totaling 84,440 sf located on a rectangular site of 146,475 sf. The site includes a large paved parking area. The Borrower will have 30% cash equity ($3,734,063) invested in the Property at closing, and 26% cash equity invested in the Property upon full funding of loan proceeds at completion of tenant improvements. The sponsorship is financially strong with a combined net worth exceeding $20MM and liquidity of $3.6MM. 1 loan – Agg. Balance: $11,300,000   WAC: 6.500%   WAM: 0.0 months   WALTV: 70.6%   WADSCR: 1.36 () Industrial/Office Mixed Use $11,300,000 Performing 10/07/08 70.6% 1.36 6.500% Houston Self Storage– () – Please contact Karen Kauh at (415) 289-3231 for additional information. The Borrower is seeking a construction loan and mini-perm/permanent loan of $2,760,000. Proceeds will be used for the construction of a 48,350 sf selfstorage facility containing 364 units. The Property is Phase I of a two phase development which will eventually include a grand total of 98,000 rentable sf. The second phase of construction is not planned until Phase I reaches a stabilized occupancy level. The Property will be an attractive, two-story class A self-storage facility. Proposed amenities include digital surveillance, climate-controlled units (68% of the total units), boat and RV storage, and a rental drop off location for a national truck rental franchise. The Borrower has an excellent understanding of the market and has successfully developed, managed, and owned several self-storage facilities. Based on the Borrower’s development budget of $3,530,000, he will have $770,000 (21.8%) cash equity in the Property. (Cash equity could be increased to a higher level if required by the Lender.) As of September 2008, the Borrower’s net worth and liquidity were approximately $4,675,000 and $940,000, respectively. 1 loan – Agg. Balance: $2,760,000   WAC: 6.750%   WAM: 0.0 months   WALTV: 59.9%   WADSCR: 1.61 () Self storage $2,760,000 Performing 11/19/08 59.9% 1.61 6.750% San Jose Mixed-Use– () – Please contact Karen Kauh at (415) 289-3231 for additional information. The Borrower is currently seeking a construction loan of approximately $16,200,000, or maximum proceeds available, to finance Phase II of an eight phase development on the subject property. The property will include 60 condominium units over 15,000 sf of retail space. The project will be built over a 1.6 acre below grade garage. The tenant mix for the retail component is expected to include restaurants and coffee shops, along with service oriented uses including dry cleaning, a cellular phone store or other service uses. Phase I of the development included 53 townhomes which are nearing construction completion. Sales began in April and are occurring at a pace of 4 – 5 per month. The condominium units will have a similar price point as the townhome units. The developer is based in the San Francisco Bay Area and has been building new communities in Northern California for almost 30 years. Borrower will have 35% cash equity ($8,700,000) invested in the project prior to funding of the construction loan. 1 loan – Agg. Balance: $16,200,000   WAC: 0.000%   WAM: 0.0 months   WALTV: 51.9%   WADSCR: 0.00 () Retail - Mixed Use $16,200,000 Performing 08/25/08 51.9% 0.00 0.000% Redwood City Apartment Portfolio– () – Please contact Karen Kauh at (415) 289-3231 for additional information. The Borrower is currently seeking a first mortgage loan of $2,800,000 (or maximum proceeds available) secured by three well-located properties. All three properties are wood frame garden style apartments constructed between 1961 and 1964. The unit mix includes 5 studio units, 22 one bedroom units and 7 two bedroom units. The properties are 100% occupied. As units turn over at each property, they are upgraded, (primarily kitchens and bathrooms), and rents raised to market levels. The borrowers are local, residing in Santa Rosa and Redwood City, and have been investing in real estate for more than 30 years. The sponsors have a combined net worth exceeding $29,000,000 and liquidity of approximately $400,000 and have owned the properties for over 20 years. 1 loan – Agg. Balance: $2,800,000   WAC: 6.000%   WAM: 0.0 months   WALTV: 65.5%   WADSCR: 1.27 () Multifamily $2,800,000 Performing 09/22/08 65.5% 1.27 6.000% If you are interested in funding any of these assets, contact Karen Kauh at (415) 289-3231 or kkauh@bridgerfunding.com Prospective funders are advised that Bridger has done no independent investigation regarding the information provided on this website. Funders will be required to complete full due diligence to their satisfaction prior to purchase. Top

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