DEBT PLACEMENT
Commercial real estate lending programs tailored to meet the needs of property owners, borrowers, and developers.
BRIDGE LOANS
Loan Specs
Loan Size
Property Types
Location
Leverage
Interest Rate
Origination Fee
Loan Term
Amortization
Prepayment
Recourse
PERMANENT LOANS
Loan Specs
Loan Size
Property Types
Location
Leverage
Interest Rate
Origination Fee
Recourse
Prepayment
Loan Term
Amortization
CONSTRUCTION
LOANS
Loan Specs
Loan Size
Property Types
Location
Leverage
Interest Rate
Origination Fee
Recourse
Prepayment
Loan Term
Amortization
Bridge loans are most commonly provided by debt funds and used for acquisitions for value add properties or refinances for cash out or partner buyout situations. Access to quick capital is often a necessity in order to close a transaction with bridge loans closing in typically 10-45 days.
$2mm - 20mm
Private Debt Funds
Long term commercial mortgages are placed on stabilized commercial properties and typically provided by institutions including Banks, Agency Lenders, Life Companies and CMBS lenders. In determining the best long term financing for your stabilized property, it is important to consider the needs of the project, investors and owners regarding recourse, leverage, amortization and prepayment terms.
For real estate developers seeking ground-up construction financing, our lending options are specifically tailored to your needs and credentials as a borrower. Whether your hot button is interest rate, recourse or high leverage we have the solution.
Institutional Debt Funds
$20mm - 100mm+
All Asset Classes
Multifamily, Retail, Office, Industrial and Hospitality
Major MSAs, secondary Markets
Major MSAs
65-75% LTV, 75-85% LTC
Up to 65% LTV, 75% LTC
7-12% (fixed or floating)
5.5-7% (floating)
1-2 pts at close, 0-1 pt at exit
Typically 1 pt at close
12 to 36 months
Interest Only
No Prepay penalty, subject to minimum interest earned
Non-recourse subject to standard bad boy carve outs
2.75-4% (fixed)
3.5-4.5% (fixed)
Up to 65% LTV, 75% LTC
65-75% LTV, 75-85% LTC
Major MSAs
Major MSAs, secondary Markets
Multifamily, Retail, Office, Industrial and Hospitality
All Asset Classes
$5mm - 100mm+
Agency, Life Co., CMBS
Banks
$2mm - 100mm
Typically 1 pt at close
0-1 points paid at close
5,7,10 years
Fully amortizing, with an occasional Interest Only period upfront
Non-Recourse
Typically Full Recourse
Step-down or Yield Maintenance
Flexible
Typically 1 pt at close
4-5.5% (fixed or floating)
Up to 65% LTV, 75% LTC
Typically Major MSAs
Multifamily, Retail, Office, Industrial and Hospitality
$5mm - 100mm+
Banks and Life Co.
5.5-12% (fixed or floating)
65-75% LTV, 75-85% LTC
Major MSAs, secondary Markets
All Asset Classes
Debt Funds
$2mm - 100mm+
1-2.5 pts at close, 0-1 pt at exit
8 to 36 months
Interest Only
Flexible
Less Flexible
Full or Non-Recourse
Non-Recourse