Key
Features
• Quick Response Time
•
Tailored to Meet Borrower’s Needs
• Highly Structured
to Maximize Loan Sizing
• Early Rate Lock Available
• Competitive Pricing: spread above US Treasury |
|
| Underwriting Criteria |
 |
|
|
|
| Loan
Size: |
|
$5
million and greater |
| |
| Product
Type: |
|
Multifamily
(including student housing)
Office: Multi-tenant and Single tenant
Retail: Anchored and Unanchored
Industrial: Warehouse, Flex-space and Self-storage
Lodging: Flagged Hotels, Full- and Limited-service
Mobile Home Parks |
| |
| Loan
Term: |
|
5,
7, 10 and 15 year maturities |
| |
| Amortization: |
|
25
to 30 years |
| |
| 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); Furniture, Fixtures and Equipment
(hotels) |
| |
| Recourse: |
|
Non-recourse
to the borrower, except for standard industry carveouts |
| |
