Real Estate Renovation
•3$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

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