Lending Parameters

We consider each case on its own merits. As a general guide, we lend according to the following criteria:

Details Criteria
Loan Amount $3,000,000 to $35,000,000
Loan Term Up to 2 years with possible extension options
Asset Type Multifamily, Industrial, Retail, Office, Hotel, Mixed Use
Geographic Area Tier 1 to 3 markets nationwide
Borrowing Entity Single Purpose Entity
Security First Mortgage with pledge of equity
Leverage Up to 75% multifamily, up to 70 % all other property types
Amortization Interest only
Interest Rate Starting at 10.00% fixed
Prepayment 3-month lockout, fully prepayable thereafter
Recourse On a deal-by-deal basis
Fees Starting at 1.00% in/1.00% out

If parts of your loan do not meet these parameters, this will not automatically result in an application being rejected. Please give us a call to discuss your loan in more detail.