here are our lending guide lines
Bridge Loan Program
Investment Profile:
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First trust financing for value added transactions or opportunistic transactions. This includes new acquisitions, recapitalizations, and special situations.
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Capital:
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Up to 75% LTV
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Asset Classes:
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Multifamily
Retail
Office/Medical Office
Industrial
Mobile Home Parks
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Parking Garages
Surface Parking Lots
Storage Facilities
Extended Stay Hotels
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Rate:
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Starting at 6.0%
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Deal Size: |
$2 - $10 million
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Term:
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12-60 months
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Prepayment:
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Flexible
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Roll to Perm:
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Permanent refinance options are available
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Options
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Renovation & “Good News” holdbacks are available
Interest Reserves are available (as needed)
Willing to structure earn-ups for performance based goals
Non-recourse (except for standard bad boy carve outs)
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