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Loan Size: Structure: Advance Rate: Term: Pricing: Location: Property Types: Borrower: Other: |
$2MM to $5MM Second Mortgage or secured by equity interest Maximum Loan-to-Value of 90% 2-5 years, typically 3 years or less Competitive floating rates and fees adjusted for risk and leverage. Yields achieved through a combination of current pay, front and back-end fees and participation interests. Nationwide Multifamily, office, retail, industrial, medical office, full service hotels, specialty properties Special purpose entities controlled by experienced owners and operators of commercial properties Call protection of 18-24 months Standard non-recourse carve outs |
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