Loan Programs
Small Apartment Loans -
Small Commercial Loans -
Large Institional Loans -
Commercial Bridge Loans
Large Institutional Loan Program
$2,000,000 - $75,000,000
LTV:
Up to 80% LTV
Amortization:
Up to 30-years (depending upon property age and remaining economic life)
Credit:
Typically good credit required
Prepayment Penalty:
Defeasance
Recourse:
Non-Recourse with standard carve outs
Due Diligence Fees:
Full scale 3rd party reports required as well as legal fees
Assumption:
Assumable for 1% fee
Interest Only Option:
3-5years for 10-year term *
2-3 years for 5-year term *
(Pricing based on 5-year and 10- year US Treasury Bill )
***Pricing may be effected with interest only option
**Pricing may vary depending on property performance and loan-to-value