CONSTRUCTION LOANS AND COMMERCIAL MORTGAGES UP TO 100,000,000 NATIONWIDE

[Richard Milford]

HOSPITALITY FINANCING UP TO $100MM

 

BRIDGE

Acquisitions, Recapitalization, Construction Takeout, PIP/Renovation, Conversion, Gap Financing

$10M – $100M

Up to 75% LTV

Up to 75% LTC

Term: 2 to 5 years

Interest Rate: Fixed/floating 7 – 9% (2 to 3 pts)

Amortization: Interest only

Recourse and non-recourse

 

PERMANENT

Acquisitions and Refinances (other scenarios considered)

$10MM – $100MM

Up to 75% LTV

Up to 80% LTC

Term: 5, 7, or 10 years

Interest Rate: Fixed 4.5% to 6.5 (1 to 2 pts)

Amortization: 20 to 30 years Amortization

Non-recourse with exception of carve outs

 

CONSTRUCTION

$10MM – $100MM

Up to 80% LTV

Up to 80% LTC

Term: 3 to 5 years

Interest Rate: Fixed or floating 7.0% to 10% (2 to 3 pts)

Amortization: Interest only available

Recourse and nonrecourse. Completion Guarantees required

 

MEZZANINE

Acquisitions, Recapitalization, Construction Takeout, PIP/Renovation, Conversions, Gap Financing

$5MM – $20MM

Up to 75% LTV

Up to 75% LTC

Term: Matched to senior loan

Interest Rate: Starting at 14% (3 to 4 pts)

Amortization: Interest only or matched to senior

Recourse and non-recourse

 

PREFERRED EQUITY

Acquisition, Recapitalization, PIP/Renovation, Rescue Capital, CMBS, Loan Assumption, Partner Buyout

$5MM – 20MM

Up to 95% LTV

Up to 95% LTC

Interest Rate: Starting at 13%  (4 to 5 pts)

Term: N/A

Amortization: N/A

 

PACE

Available

 

 

Milford Real Estate Qualification Form - CLICK HERE

 

(No credit inquiries or sensitive information required to receive a proposal)

 

JUST CALL OR EMAIL TO GET PRE-APPROVED!

Telephone number is [phone]

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

Email:  [e-mail]