General Loan Terms

Loan Size $20k – $50MM +
Interest Rate 6% – 12%
Fees 1% – 4%
Term 1 – 15 years
Amortization Interest-Only
Loan to Value Up to 85% LTV
Up to 85% LTC for Construction
Up to 100% for Build-Outs, TI’s, and Redevelopment
Up to 50% LTV for Land

 

Coverage 1.20x – 1.30x using actual debt service (no stress test)
Prepay No Prepayment Penalty
Recourse Recourse and Non-Recourse are available
Collateral All Commercial RE Property Types, including Specialty Uses and Land
Security Position Senior Secured Interest (no equity and no mezz)