Eligible Property Types
Multi-family Apartments
Grocery Anchored Retail Shopping Centers
Mixed Use
CBD Office
Suburban Office
Medical Office
Student Housing
Warehouses / Distribution / Flex
Flagged Hotels
Parking Garage
Self Storage
Condo Unit Inventory Loans
Geography (Tier 1 Markets in US)
Multi-family anywhere in USA
New York City
New York – Metro
Boston
Philadelphia
Washington DC
Atlanta
Austin
Charlotte
Chicago
Dallas
Denver
Houston
Los Angeles
Miami
Memphis
Nashville
Phoenix
Portland
San Diego
San Francisco
Salt Lake City
Seattle
OTHER TIER 1 MARKETS WITH 500,000+
MSA CONSIDERED
All First Mortgages:
Loan / Deal Sizes ($2,000,000 – $30,000,000+)
First Mortgages
Loan to Value Ratio: Up to 75%
Interest Rate: 10 – 14%
Term: 1 – 3 years
Amortization: Interest Only
Recourse: Preferred
Origination Fee: 2 – 3 Points
Exit Fee: None
Extensions: Yes
Extension Fee: 1/2 – 1 Point
Borrowing Entity: Special Purpose Entity
Purchasing Distressed Debt
Loan to Value Ratio: Up to 75%
Interest Rate: TBD
Term: 1 – 5 Years
Amortization: TBD
Recourse: TBD
Origination Fee: 2 – 3 Points
Exit Fee: None
Extensions: Yes
Extension Fee: 1/2 – 1 Point
Borrowing Entity: Special Purpose Entity
Financing Third Parties
Purchasing Distressed Debt
Loan to Value Ratio: Up to 75%
Interest Rate: TBD
Term: 1 – 5 Years
Amortization: TBD
Recourse: TBD
Origination Fee: 2 – 3 Points
Exit Fee: None
Extensions: Yes
Extension Fee: 1/2 – 1 Point
Borrowing Entity: Special Purpose Entity