Stratton Capital Closes $38M Bridge Loan for Multifamily

Stratton Capital Group announced it closed a $38 million bridge loan for the development and stabilization of a Class-A multifamily community in Fort Lauderdale’s Flagler Village district. The financing is structured as an 8.95% interest-only bridge facility.

The loan is intended to provide flexible capital through the final development and lease-up period, supporting cash flow during stabilization while positioning the asset for permanent refinancing once targeted occupancy levels are reached. The project is expected to deliver approximately 250 Class-A residential units with ground-level retail.

Stratton positioned the deal as bridge capital for experienced sponsors in a market where traditional lenders remain selective on new development exposure.