has established bridge lending relationships to provide our clients with the necessary bridge loans to meet their goals. Bridge loans can be used in many circumstances. One example is helping a developer/owner who has maxed out his "exposure limits" with their construction lender and needs to create the additional dry powder to develop another property. In this case, Summit can help by refinancing one of their properties with a bridge lender. Other uses include owners who seek additional yield by acquiring properties at C of O (or certificate of occupancy) and need a lender comfortable in financing an unstabilized property.