A multi-family bridge loan is a short-term loan that is used to finance the purchase or renovation of a multi-family property, such as an apartment complex or a condominium building. The term "bridge" refers to the fact that the loan is designed to bridge the gap between the time when the borrower needs financing and the time when they are able to secure a longer-term loan or exit strategy.

Multi-family bridge loans are typically used by real estate investors or developers who need to quickly acquire or renovate a property in order to generate income or increase its value. These loans usually have a term of 6 to 36 months and are secured by the property being financed. The loan amount is typically based on a percentage of the property's current value, as well as the estimated value after renovations or improvements.