Properties: Commercial Real Estate (pretty much all asset classes)
Locations: United States (all 50 states) and Canada (no rural areas/vacant land)
Collateral: Commercial Real Estate / Full Recourse
Loan Types: Purchase, Refi, Rehab, Debt Restructure and Ground up Construction
Loan Amount: $5M - $150M
Interest Rates: 8% - 11%
Points: 3 - 5
Terms: 1 - 3 Years (Interest Only)
Prepayment: No penalty
Upfront Fees: None
LTV: 70% - 75%
* The 30% - 25% needs to be in either cash, equity within the current
project and/or cross collateralization of other owned commercial real
estate projects
* Project must be income producing
* Principals must have 25% - 30% “skin in the game” for all ground up
construction projects
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