National portfolio debt provider funding bridge to perm for value-add projects; ground-up construction considered on a select basis. Loan requests from $10,000,000 to $25,000,000 are sized to 70% of value for commercial assets, to 75% for multifamily and pre-leased retail properties. Transactions float over LIBOR before being fixed for three to five year terms at then market rate spreads. Levels of recourse will vary based on risk profile although standard carve-outs will be required.
Don't Miss a Fact,
Sign Up for FINfacts!
FINfacts is a weekly newsletter highlighting recent financings and economic insights.
Subscribe Here
