I have a source offering the following:

Loan Amounts:  $2,000,000 to $20,000,000

Interest Rate:  From 5.95% to 6.95%

Fixed Rate Interest Period:  5 or 10 Years

Recourse:  Full Recourse or Non-Recourse Available

Prepayment:  5 Years, 5%-4%-3%-2%-1%

Loan-to-Value:  for projects that are stabilized up to 70% of As Is Value

Ground-Up Construction Loan-to-Cost:

70% to 80% Loan-to-Cost up to 70% of the Stabilized Value

Lien Position:  1st Lien Position

Close of Escrow:  30-60 Days

Collateral Types:

Office Complexes, Retail Strip Centers, Mixed-Use, Medical Offices, Assisted Living Facilities, Hotel/Motel (Flag or Independent), Industrial, Warehouse, Manufacturing, Land that is fully entitled and shovel ready, No Residential, No Multi-Family, No Raw Land.

Locations:  U.S. only

If interested, send me executive summary providing the details of the project, timeframes, costs, and after constructed value to samcthomas45@gmail.com

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