Real Estate Renovation •5$million USD minimum – no maximum • U.S renovation and re-development projects only–No land development • Apartments,office,retail,hospitality,industrial • Loan term: 1 to 5 years • Requirement for submission:Busines case P&L financials for current and past 3years Description of available collateral (assets) Net worth and liquidity statement • All loans are non--recourse • Required for underwriting :Narrative MAI Appraisal Property Condition Assessment; Phase 1 Environmental (all documents must be provided by client) • Based in eastern U.S-$600 +million of deals closed in past few years