Institutional Loans
(Core+)

LOAN AMOUNTS
Residential (≤ $10MM)
Commercial (≤ $50MM)

LEVERAGE
≤ 75% LTV

TERM
Residential (≤ 30 years)
Commercial (≤ 10 years)

COUPON
LIBOR + competitive spread (bps)

LIEN POSITION
Senior | Secured

ASSET CLASS
Multifamily, Mixed-Use, Industrial, Office, Retail, Self-storage, Student Housing, Hospitality

DESCRIPTION
Institutional-quality properties with stabilized cash flow profiles, non-stabilized considered with interest reserve. Funding towards future TI (tenant improvements) and LC (leasing commissions).

Construction Loans
(Value Add | Reposition)

LOAN AMOUNTS
Residential (≤ $10MM)
Commercial (≤ $50MM)

LEVERAGE
Lesser of 85% LTC or 65% ARV

TERM
Residential (≤ 24 months)
Commercial (≤ 60 months)

COUPON
Fixed Rate | Adjustable (LIBOR + spread)

LIEN POSITION
Senior | Secured

ASSET CLASS
SFR, 2-4 units, Multifamily, Small Lot Subdivision, Mixed-Use, Office, Retail, Student Housing, Self-storage

DESCRIPTION
For experienced sponsors acquiring or recapitalizing transitional properties through future-funded CapEx, TIs and LCs, or ground-up construction. In-house fund control & loan administration.

Bridge Loans
(Opportunistic)

LOAN AMOUNTS
Residential (≤ $10MM)
Commercial (≤ $50MM)

LEVERAGE
≤ 75% LTV

TERM
Residential (≤ 24 months)
Commercial (≤ 60 months)

COUPON
Fixed Rate | Adjustable (LIBOR + spread)

LIEN POSITION
Senior | Secured

ASSET CLASS
SFR, 2-4 units, Multifamily, Small Lot Subdivision, Mixed-Use, Office, Retail, Student Housing, Self-storage

DESCRIPTION
Able to accommodate quick closing requirements of opportunistic acquisition financing, or cross-collateralized portfolio held during entitlement for subsequent development.