Lending Parameters

LEVERAGE

Up to 65% of cost/value

LOAN SIZE

$25 million to $100 million for senior debt

LOCATION

United States only, predominantly primary infill locations

OTHER TERMS

Flexible alternatives for recourse, amortization, and debt service coverage

PRICING

Competitive rates and fees on a case-by-case basis

PROPERTY TYPES

Multifamily, for-sale condominiums, industrial, student housing, office, life science, and hospitality
(will also consider other property types)

PROJECT STAGE

Stabilized, Redevelopment, Repositioning, Construction

STRUCTURING

Floating rate tied to one month SOFR or PRIME

TERM

2-7 years with extensions available based performance hurdles and updated appraisals

TRANSACTION TYPES

Acquisitions, refinancings, construction loans, note financings, lines of credit and subscription facilities