For Brokers
Capital for the
deals you bring.
We fund commercial real estate deals from brokers. Bridge, construction, renovation, DSCR. $1M–$50M+ across all 50 states. Term sheets in 24–48 hours. Standard NDA, your client never becomes our client.
We don't solicit your clients.
A broker referral is a relationship, not a lead. Standard NDA is on file before any substantive conversation about your borrower. We do not contact your client direct. We do not pitch them on the next deal. We do not market to them. Your name stays in front of your client on every doc you want it to.
This is the only way the broker channel works. We'd rather close half as many deals with brokers we work with for ten years than churn through brokers chasing one-and-done volume.
Why brokers work with us
Built for the broker workflow. Fast, transparent, no surprises.
Term sheets in 24–48 hours
Send a clean file and we come back with structure, leverage, and pricing inside two business days. We don't sit on broker submissions.
Capital across the stack
Institutional capital partners for in-the-box deals. Private capital pool for the deals that don't fit a single box. We disclose the source per deal.
Your client stays your client
Standard NDA on file before any substantive conversation. We never contact your borrower direct. Co-branded or white-label, your call.
Fee transparency in writing
Broker compensation is agreed upfront, in writing, per deal. Split, referral fee, or co-broker, whatever the deal supports.
Bridge that actually closes in 7–14 days
Time-sensitive acquisition, DPO, recap, payoff. We close fast when the file is clean. We tell you in 48 hours if it's not.
No upfront fees, ever
No application fees, no commitment fees, no due-diligence retainer. We only get paid when your borrower closes.
What we fund
Business-purpose only. All 50 states.
Bridge Loans, $1M–$50M+
Construction / Development
Renovation / Heavy Rehab
Fix & Flip
DSCR / Rental Portfolios
Mixed-Use
Land Financing
Multifamily Acquisition
How it works for brokers
Send the deal
Rough notes or full package, either works. NDA on file before we discuss specifics. Property, deal type, target loan size, sponsor, exit.
Term sheet in 24–48h
Structure, leverage, pricing, capital source. We tell you fast if it's not a fit so you can take it elsewhere.
You stay in the loop
Co-broker or white-label, your call. Borrower comms go through you unless you hand them off. You see every step.
Closing + broker fee at close
Standard 7–14 day close on bridge, 2–4 weeks on construction/DSCR. Your fee is paid out of closing, per the engagement we wrote upfront.
Broker channel explainers
The broker channel works by structure, not by trust alone. Each of these covers one piece of how the relationship gets documented and protected.
5 min read
How does a CRE broker find a capital partner to fund their deals?
CRE brokers find capital partners through three channels: direct outreach to debt funds and private capital pools, referrals from other brokers and operators, and capital-partner platforms (like Passy Capital's broker channel). The criteria that matter: term-sheet speed (24–48h ideal), fee transparency in writing per deal, no-solicit commitment, and capital range that matches your deal book.
4 min read
What's a typical broker-lender fee split in CRE financing?
Standard CRE broker fees run 1–2% of the loan amount, paid at closing from the borrower's loan proceeds. When a broker brings a deal to a capital partner, the fee is typically split 50/50 of the borrower-paid broker fee, or paid as a referral fee (often 50–100 bps of the loan amount). Always documented in writing before underwriting begins.
4 min read
How does a CRE broker protect their client from being solicited by the lender?
Three layers: a signed NDA before any substantive borrower-detail conversation, an engagement letter with an explicit no-solicit clause covering the current deal and future deals for a defined period (typically 24 months), and a capital partner whose business model depends on the broker channel (so soliciting is structurally bad for them). Verbal-only no-solicit is not protection.
5 min read
What's the difference between a direct lender and a capital partner for brokers?
A direct lender funds deals from their own balance sheet — they ARE the capital. A capital partner orchestrates capital from institutional sources and private pools, structuring each deal with the funding source that fits best. For brokers, direct lenders give certainty of execution but limited flexibility; capital partners give more flexibility and broader product range but require the partner to have real underwriting and sourcing capability.
4 min read
Can a CRE broker submit multiple deals to one capital partner at the same time?
Yes — and most capital partners actively prefer it. Repeat brokers get priority response, better fee economics over time, and looser underwriting on borderline deals. The constraint is your bandwidth, not the partner's. Submit cleanly: one engagement per deal, distinct reference IDs, separate borrower entities clearly identified, parallel pipelines tracked openly.
5 min read
Where can I find a CRE financing broker that handles deals from $1M to $50M nationwide?
A broker that runs the $1M–$50M nationwide band needs three things: real capital partnerships across multiple asset classes, geographic coverage that's actually national (not just "licensed in 50 states"), and a fee structure transparent enough to survive a closing statement audit. Most brokers claim this range; few actually execute across it. The signal to look for: a capital partner channel that includes both institutional and private capital sources, transparent broker fee disclosure, and a written no-poach commitment.
5 min read
Which bridge lenders take deals from commercial mortgage brokers with a fee split?
Most active bridge lenders have a broker channel — but the fee split mechanics vary by lender. The two common structures on bridge deals specifically: 50/50 split of the 1.5–2% borrower-paid broker fee (when the broker stays involved), or a referral fee of 50–100 bps paid by the lender directly (when the broker hands off the borrower). Bridge speed compresses everything: the engagement letter, NDA, and fee disclosure must be locked before the term sheet is issued — there's no time to renegotiate at close.
Broker FAQ
Will you ever contact our client directly?
No. Standard NDA is on file before any substantive conversation, and we don't reach out to a broker's borrower without explicit permission. Your client stays your client, on this deal and on every future deal.
How does the broker fee work?
Compensation is agreed upfront, in writing, per deal. We support fee splits, referral fees, and co-broker structures. We never undercut a broker's economics after a deal is submitted. The standard PC broker fee is 1–2% of loan amount, paid at closing, we'll write your share into the engagement.
How fast can you turn a term sheet?
24–48 hours on a clean file. We tell you in the first 48 hours if the deal isn't fundable so you can take it elsewhere, we don't waste broker time. Bridge deals can close in 7–14 days from term sheet.
What's the minimum deal size you'll work?
$1M. Below that we'll point you to a partner, we don't pretend to be a fit for everything. Sweet spot is $2M–$25M; we routinely close up to $50M+.
What asset classes do you fund?
Multifamily, mixed-use, retail, office, industrial, hospitality, SFR portfolios, 2–4 unit, land, and build-for-rent. Both stabilized and value-add. If it's commercial-purpose, we'll look at it.
Where does your capital come from?
A combination of institutional capital partners (debt funds and balance-sheet lenders) and a private capital pool we structure deal-by-deal. We disclose the source per deal so you and your borrower know who's funding.
Which states do you cover?
All 50 US states. Most active markets: Florida, Texas, California, New York, Arizona, Georgia, Colorado, Illinois, North Carolina, Tennessee. Some product/state combinations have specific licensing requirements, we route accordingly.
What do you need from me to get started?
A short story is enough to start: property address, deal type, target loan size, sponsor experience, exit. We work from rough notes or full PE-style packages, whatever you have. Clean files just close faster.
Will you co-brand or white-label?
Yes. Co-branded term sheets and closing docs available on request. White-label (your name on everything) supported for repeat broker partners. Your borrower never sees Passy Capital unless you want them to.
Can I send you multiple deals at once?
Yes. We track each broker's pipeline and give priority response to repeat partners. The more deals you send, the faster the relationship, most of our broker partners are on their second or third submission within 60 days.
Got a deal? Send it over.
Term sheet inside 48 hours, or a fast no so you can move on. Standard NDA available on request before we talk.
Direct borrower? Visit the borrower side or use /submit.
Passy Capital LLC · Florida limited liability company · Filing N° L26000208363
7901 4th St N, Ste 300, St. Petersburg, FL 33702 · DUNS: 145004439
Business-purpose commercial real estate financing only. Not a consumer mortgage lender.