CMBS & alternative. Standard term loans with revolving structures available.
Property Types & Uses: Multifamily, Retail, Hospitality, Healthcare, Industrial, etc.
Loan Amounts: $1M-$500M
Terms: 5 / 10 years; *revolving draw options years 1-3
Amortization: 20 / 25
Note Position: 1st; *2nd in select scenarios
Loan-to-Value: Up to 75%
Rates: Starting at 6.5%
DSC: 1.20x
Reserve Funds/Liquidity: Comenserate
Origination Fee: 0.25%-2%
Entity Type: LLC/Corp, Non-Profit
Recourse: Non-recourse, with standard carve-outs
Locations: USA, Caribbean, Europe, Asia & Canada
Closing time: 30-45 days (Standard), 45-90 days (High-Ticket/Niche)