True Asset Based Loans - National and International Projects
Loan amount: $1 Million to $2 BillionLoan 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 amortizationDraws have 48-72 hours turnaroundNo JV/Equity split on Projects below $10 MillionMaximum LTV: 70% based on 5 year stabilized valueTransaction Type: 100% A&D with Residential…See More