Lending Parameters


Eligible Property Types

Multi-Family Apartments - Mixed Use - CBD Office - Parking Garage

Grocery Anchored Retail Shopping Center - Suburban Office - Medical Office

Student Housing - Warehouses - Distribution - Flex - Self Storage

Geography (Tier 1 Markets in US)

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 Fransisco - Salt Lake City - Seattle

Multi-Family anywhere in USA

Other Tier 1 Markets with 500K+ MSA Considered

All First Mortgages: Loan/Deal Sizes ($2MM - $30MM)

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

3rd Party Purchase of D.D.

  • 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