Commercial Financing

The commercial financing program offer options to seasoned borrowers that are seeking financing for most income properties including apartment buildings multifamily projects office assisted living facilities self-storages shopping and retail centers. Borrower must have a viable business plan and exit strategy.
MINIMUM LOAN: $5,000,000.00 (below case by case - via affiliate)

LOAN TERM:   5-10-15-Year

AMORTIZATION: Up 30 (depending on on the deal) or interest only

MINIMUM DSCR: Case by Case

: Case by Case (Generally 75%)

INTEREST RATE: Market rates based on merits of the deal

ELIGIBLE PROPERTY TYPES: Most Income Properties (East Coast and certain Midwest - outside our region - via affiliate)

ELIGIBLE BORROWER: Single Asset Entity

SPONSORSHIP: Good overall credit with sufficient liquidity and demonstrated experience on similar properties/projects



SECURITY: First mortgage lien on subject property with personal guarantees. (Additional credit enhancement such other collateral or letter of credit to be determined)

THIRD-PARTY REPORTS: Normal reports including MAI appraisal, Phase I, Estructural and enginnering reports, Survey, ALTA title and any other required by underwriting. We can work off (update) existing reports if under one year old and meets requirements

ORIGINATION FEE: Minimum 2% plus Closing Costs due at closing

UP-FRONT COSTS: Actual costs for third-party reports and due-diligence

IMPORTANT: This is not an offer to make a loan, all requests are subject to normal due-diligence and final approval under conditions that are standard for the specific transaction. The above terms and conditions are subject to change without prior notice and other terms and conditions apply.