PERM LOAN PROGRAM
Our primary focus is on properties in the state of Florida, Pennsylvania & New York.
FUNDING PARAMETERS:
Loan Amount $1-20MM
LeverageUp to 75% LTV
Fixed Rate Pricing
3- or 5-year term @ 6.25%-6.375% +25bps for retail
7- or 10-year term @ 6.125%-6.25% +25bps for retail
Term and Amortization
20-30 years (Rate fixed for 3-10 years with automatic renewals)
Property Types
Retail, Office, Industrial, Warehouse, Special Use NNN, Multifamily
Geography FL, NY, PA
Prepayment Penalty - Yield Maintenance
Recourse - Full recourse (limited recourse available)
Transactional Scenario - Acquisition or Refinance
Michael Lewis Group – info@michaellewisgroup.com – Tel: 440-637-5646
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