Commercial Loan Programs

Land Loans:

• Bridge Loans for the Acquisition or Refinancing of Vacant and Improved Land – $500,000 Minimum
• Non-Recourse Lot A&D Financing for “Shovel Ready” Projects. $1MM minimum.
• Vertical A&D Construction Loans – Single Family and Multifamily 5+ units – $500,000 Minimum
• Spec Revolving Lines of Credit for experienced small Contractor/Builders for their own land A&D and vertical construction – $500,000 to $5,000,000

Bridge Loans:

• Multifamily, Office, Storage, Industrial, Retail, Mobile Homes, and Mixed-Use Properties.
• Loans of $5MM+ 70% LTC and 100% of CapEx & TILC with rates starting at 5.99%.
• Loans of $1MM to 5MM have less-aggressive pricing.
• Acquisitions, renovations, refinancing, and recapitalizations.
• Loan Terms: 2 Years maximum.
• Nationwide in urban/suburban markets with populations of 50,000+.

Construction Financing:

• $1-50+MM
• All Property Types
• LTC ranges from 60% to 80% depending on experience and financial strength of the Borrower/Sponsor.
• Pricing varies by Project Type and Deal Structures.

Equity and Joint Venture Financing:

• Preferred Equity: Multi-Family, Industrial, Hospitality, Office, Senior Living, Student Housing, Retail, Land, and Self-Storage; $2-15MM; Max LTC/LTV – 85%/80%; 12-14% IRR; 5-6% Minimum Pay Rate; Term 1-4 years.
• Mezzanine: Multi-Family, Industrial, Hospitality, Office, Senior Living, Student Housing, Retail, Land, and Self-Storage; $2-15MM; Max LTC/LTV – 85%/80%; Interest Rates: 10-13%
• Joint Ventures: Available on a selective basis for “Best-In-Class” Developers and Operators.

Permanent Financing:

• Multifamily, Senior Living, Office, Medical Office, Hospitality, Self-Storage, Industrial, Retail, Mobile Homes, and Mixed-Use Properties.
• Up to 80% LTV; Interest Rates are a function of the spread over the Indexes used by Lender (WSJ Prime, Treasuries, SOFR).