Property Types:
Multifamily, Mobile Home Park, Student Housing, Senior Housing
Loan Amounts:
$3MM & Up (Lower loans amounts are considered on a case by case basis)
Terms: 3-30 Years
Amortization:
15-30 Years
Minimum DSCR: 1.25X
Maximum LTV: 80%
Recourse: Non-Recourse
Interest Only: 1-3 Years (Subject to asset quality)
Rate Benchmark: USTSY/SWAP Rate
Margin: 150bps and Up
Forward Rate Lock: Up to 12 months
Geographic Location: Nationwide
Prepayment: Flexible structures available
Closing: Borrowing Entity - Single Purpose EntityEscrows-Taxes & Insurance required
Email details: Morinelewis@gmail.com