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

 

 

 

 

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