NON RECOURSE CONSTRUCTION LOANS AND COMMERCIAL MORTGAGES NATIONWIDE

NON RECOURSE CONSTRUCTION LOANS AND COMMERCIAL MORTGAGES NATIONWIDE

LARGE PROJECT NON-RECOURSE CONSTRUCTION DEBT FINANCING

 

Loan Amount: $20MM - $250MM

Position: Senior Debt / Mezz

Senior Debt Rate: 4.5% - 6.5%

LTC: Up to 85%

Investment Type: Construction / Portfolio Acquisitions / Value Add 

Property Types: Multifamily, Student Housing, Senior Housing, Medical Office Building

 

 

NON-RECOURSE BOND PROGRAM

 

Loan Amount: $5MM - $120MM

Types Of Bonds: Tax-Exempt and Taxable

Rates: Tax Exempt: 5% - 5.5% Taxable: 7.5%

LTC: 75%

Term: 3 Years Interest Only then Amortization up to 35 Years

Reserve: 1 Year of Principal + Interest Payments

 

 

NON-RECOURSE BRIDGE LOAN PROGRAM:

 

Loan Amount: $1MM - $55MM

LTV: 75%

Term: 1 - 3 Years

Interest Only

Closing In As Little As 2 Weeks

All Real Estate Asset Types

 

 

NON RECOURSE MULTIFAMILY GROUND-UP DEVELOPMENT PROGRAM

Value-Add / Adaptive Reuse / Rehab / Repositioning (Acquisitions And Refinances)

 

Loan Amount: $5MM -$55MM

Ground-up Construction Loan Amount: $5MM - $35MM

Rate: Priced individually with interest rate based on 30 day Libor (floor) plus applicable spread

LTC: Varies from 70% - 85% based on asset types & loan parameters

Term: 1 – 3 year terms with extension options

Interest Only

Ground-up development/construction (multi-family & mixed-use assets only; no SFR) and also offer Pref Equity pieces on both ground-up development and existing assets (multi-family & mixed- use assets only). Finance can involve Federal and State Historic, New Market, & Low Income Tax Credits as well as PACE/CPACE.

 

Milford Real Estate Qualification Form

 

CLICK HERE FOR OUR APPLICATION



 

JUST CALL OR EMAIL TO GET PRE-APPROVED!

Telephone number is (541) 632-0670

Please visit our websites: www.commercialmortgagecap.com and www.usfinance.biz

Email:  milford@commercialmortgagecap.com

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