Real Estate
Real Estate Capital, Delivered with Confidence
We provide both bridge loans and preferred equity to real estate developers across the continental United States.
Our Strategy
Capital solutions for developers navigating complex timelines, transitional assets, and value-add opportunities
Spruce’s real estate platform is centered around identifying market inefficiencies and recapitalization opportunities. We partner with developers to reposition or improve underutilized assets in order to maximize NOI and long-term returns. Every deal is underwritten with a disciplined eye toward market risk, exit optionality, and operational upside.
Spruce provides equity capital for experienced developers with compelling real estate projects across the Southeast. Our team brings a hands-on approach, structuring joint ventures around long-term alignment and execution capability.
- Ground-up development
- Value-add repositioning
- Recapitalizations & partner buyouts
- Lease-up / stabilization
- Note acquisitions
- Other use cases
$500K – $15M
12 – 48 months
90%
Value Add, Distressed, Opportunistic
United States
Joint Venture, Preferred Equity, and Co-Sponsor
Close quickly: Typical Bridge Loans close within 30 days of all diligence material being submitted. In many cases, loans can fund within 1 week of a sponsor signing the term sheet.
Loan brokers and investment bankers protected: Spruce pays broker commissions when they refer in business.
Submit new deal: We look forward to discussing your transaction today. Please inquire on our contact page and we will respond to your inquiry as soon as possible.
Every investment is unique, but generally our terms are:
$1M-$20M
6 – 36 months
11-17%
Asset Types We Support
A direct bridge lender and equity provider for urgent projects
Multifamily
Ground-up, Value-add, Student housing
Single family
Acquisition, Development, Build-to-Rent
Fix & flip
(min $650K, up to 90% LTC)
Affordable and workforce housing
Senior housing, Industrial, Raw land
Pre-development bridge loans
We are committed to growth
More than capital — a committed partner in your project’s success
Equity capital
aligned with execution, not just capital deployment.
In-house flexibility
to tailor structures to the sponsor’s business plan.
Active partners
without micromanaging the project.
