Primarily focused on the major asset classes:
Bridge Program
Loan Amount
Loan Term
DSCR Requirement
Amortization
$5 – 150M
2 to 5 Years
TBD on deal-by-deal basis
Interest Only in Primary Term
Interest Rate
Origination Fee
TILC, CapEX & Other Reserves
Libor + 250 – 500
0% – 1%
An amount adequate as determined by Borrower and Lender; Future Funding of Reserves may be available on a deal-by-deal basis.
Prepayment
Recourse
Flexible after Yield Maintenance
Non-recourse except for customary bad boy carve-outs
Fixed-Rate Program
Loan Amount
Loan Term
DSCR Requirement
Amortization
$5 – 150M
5 to 10 Years
TBD on deal-by-deal basis
Interest Only & Amortizing Options
Interest Rate
Origination Fee
TILC, CapEX & Other Reserves
2.5% – 5.00%
0% – 1%
An amount adequate as determined by Borrower and Lender; Future Funding of Reserves may be available on a deal-by-deal basis.
Prepayment
Recourse
Yield Maintenance
Non-recourse except for customary bad boy carve-outs
Recently Closed
Home Ranch Community Center
$21,400,000
Medical Anchored Retail Center
10-Year Interest Only
10-Year Fixed-Rate Senior Loan
10-Year Interest Only
Yorba Linda, CA
Carolina 7-11 Portfolio
$100,000,000
Retail Refinance
5-Year Fixed-Rate Senior Loan and Mezz
Various, NC
Time Square Office Park
$56,000,000
Class A Office Refinance
10-Year Fixed-Rate Senior Loan
Renton, WA
Phoenix Multi-Family
$29,500,000
Multi-Family Acquisition Financing
3-Year Floating Rate Senior Loan
80% LTV | 100% CapEx Budget
Phoenix, AZ
The Valley Gateway
$18,500,000
Class B Office Building
10-Year Interest Only
Los Angeles, CA
Maui Beach Hotel & Golf Course
$28,500,000
Hotel & Golf Course Acquisition Financing
10-Year Fixed-Rate Senior Loan & Preferred Equity
Maui, HI
West Hollywood Specialty Retail & Billboard
$20,000,000
Specialty Retail & Billboard Refinance
10-Year Fixed-Rate Senior Loan
10-Year Interest Only
West Hollywood, CA
Brooklyn Multi-Family Portfolio
$14,500,000
Multi-Family Acquisition Financing
3-Year Floating-Rate Senior Loan
3-Asset Portfolio
Brooklyn, NY