|
|
| Loan
Purposes: |
Long-Term, fixed
rate, non-recourse financing. |
| Loan
Size: |
$5,000,000 minimum, No maximum
|
| Location: |
Nationwide |
| Property
Types: |
Multifamily, mobile home communities, hotels,
unanchored and anchored retail, multi-tenanted industrial and office
space, self storage. |
| Term: |
5-year,
7-year, 10-year, and 15-year maturities
|
| Amortization: |
Up
to 30 years
|
| Rate
Lock: |
Flexible rate lock
periods offered |
| Recourse: |
Non-recourse,
subject to standard conduit carve-outs |
| Loan-To-Value: |
Up
to 80% |
| Prepayment: |
Defeasance |
| Survey: |
ALTA Survey
Required |
| Third
Party Reports: |
- Appraisal
- Property
Condition Assessment
- Phase One
Site Assessment
|
| Commitment
Fee: |
Varies |
| Closing: |
Typically 60 days
from executed application |
|
|
