Loan amount: $1 Million to $2 Billion
Loan Terms:
100% true debt service (all points, fees, closing and soft costs rolled into loan)
3.1% fixed deferred Interest up to 5 years (based ONLY on amount drawn down to date)
Optional perm financing at 6.1% fixed interest 20 year balloon; 30 year amortization
Draws have 48-72 hours turnaround
No JV/Equity split on Projects below $10 Mil…