Loan Amount
 |
Minimum: $1,000,000 Maximum: None |
| Recourse |
None Except Standard Carve-Outs |
| Interest Rate Type |
Fixed |
| Property Types |
Multifamily
Office
Retail (anchored and unanchored)
Hotel (flagged and unflagged)
Congregate Care |
Self Storage
Manufacturing
Assisted Living
Credit Tenant Leases
Mobile Home Parks |
|
| Loan Terms |
7-20 Years |
| Amortization |
20-30 Years |
| Loan to Value |
Typically 75% (80% available) |
| General Spreads Over Treasury (with a 10/25 loan term) |
Multifamily
Office
Retail (anchored & unanchored)
Hotel (flagged and unflagged)
Mobile Home Parks
Industrial
Self Storage
Assisted Living
Credit Tenant Leases |
Call for Market Rates |
|
| Terms |
24 - 48 Hours Initial Loan Quotes |
| Financing Fees |
1% - 3% Gross Loan Amount |
| Preliminary Information Needed |
*Detailed Operating Statement for the past 3 calendar years
*PLUS year-to-date 1998 Operating Statements
*Current Rent Roll
*If Available: Recent appraisals, engineering reports, site plans, pictures, or any additional information on the property.
*Hotels only: 3 years of monthly ADR and occupancy information, PLUS year-to-date 1998 |
