Key
Features
• Quick Response Time
•
Tailored for Non-Stabilized Properties
• Highly Structured to Maximize Loan Sizing
• Competitive Pricing: spread above LIBOR |
|
| Underwriting Criteria |
 |
|
|
|
| Loan
Size: |
|
$10
million and greater |
| |
| Product
Type: |
|
Multifamily
Office: Multi-tenant
Retail: Anchored and Unanchored
Industrial: Warehouse, Flex-space and Self-storage
Mobile Home Parks |
| |
| Loan
Term: |
|
1-
to 5-year maturities |
| |
| Amortization: |
|
Interest
Only |
| |
| Maximum
Loan-To-Value: |
|
75
- 80%, depending on property type and quality |
| |
| Reserves: |
|
Structural
(all property types); tenant improvements/leasing commissions
(office, retail, and industrial) |
| |
| Recourse: |
|
Non-recourse
to the borrower, except for standard industry carveouts |
| |
