Property Types: Limited & Full Service, Extended Stay
Loan Amounts: $5MM & Up
Terms: 5-10 Year
Amortization: 15-30 Years
Minimum DSCR: 1.50X
Maximum LTV: 70%
Recourse: Non-Recourse
Rate Benchmark: US TSY/ SWAP Rates
Margin: 250bps and up
Geographic Location: Nationwide
Prepayment Penalty: YTM or Defeasance
Closing: Borrowing Entity - Single Purpose Entity Escrows- Required for Taxes and Insurance
Third Party Reports: PCA- Property Condition Report
Phase I - Environmental Survey
MAI Appraisal
Funding: 45 days from complete due diligence package
FOR IMMEDIATE CONSIDERATION CLINK ON THE LINK Operating%20Company%20Worksheet%20%281%29.doc COMPLETE THE WORKSHEET AND EMAIL TO MORINELEWIS@GMAIL.COM