LEVERAGE
Up to 80% of value (including mezzanine financing)
LOAN SIZE
$10 MM to $35 MM for senior debt
$5 MM to $25 MM for subordinate debt
$5 MM to $25 MM for subordinate debt
LOCATION
United States only, primarily coastal and infill locations
OTHER TERMS
Flexible alternatives for recourse, amortization & coverage
PRICING
Competitive rates and fees
PROPERTY TYPES
Apartment (rental/condo), Office, Shopping Center, Retail Strip, Hotel, Industrial, Assisted Living, Land
PROJECT STAGE
Stabilized, Redevelopment, Repositioning, Construction
STRUCTURING
Floating rate tied to LIBOR or PRIME; may consider fixed rate or mezzanine
TERM
2-7 years with extensions available based upon fee and performance hurdles
TRANSACTIONS
Acquisitions, refinancings, note financings, lines of credit