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Commercial Real Estate Loans $100,000 + We use a variety of capital sources for commercial real estate loans
over $100,000 including conduit lenders, life companies, banks and hard
money sources.
Below is a quick matrix of representative underwriting standards although each
loan is individually underwritten and subject to additional terms and conditions.
Acquisitions, refinance, expansion, rehabilitation, bad credit, partner buy-out, and cash out transactions are acceptable.
LAND DEVELOPMENT
See Hard Money
MULTI-FAMILY
Loan Term: 5, 7, 10, 15, 20, 30, 40 years
Standard Loan-to-Value: 80% up to 92.5% CLTV
Minimum DSCR: 1.20x
Maximum Amortization: 40 years
NNN CREDIT TENANT (Walgreens, CVS etc.)
10 year term with 30 year amortization
85% to 90% LTV
1.25-1.35 over the 10 year CMT
1.20 DSCR for A credit Several different programs available.
OFFICE
Loan Term: 5, 7, 10, 15, 20 years
Standard Loan-to-Value: 75%, 80% under some circumstances
Minimum DSCR: 1.25x
Maximum Amortization: 30 years
SELF-STORAGE
Eligible Property Types: All properties; on-site management preferred.
Loan Term: 5, 7, 10, 15, 20 years
Standard Loan-to-Value: 75%
Minimum DSCR: 1.30x
Maximum Amortization: 25 years
RETAIL
Eligible Property Types: Anchored and unanchored with preference for
multi-tenant centers.
Loan Term: 5, 7, 10, 15, 20 years
Maximum Loan-to-Value: 70-80%
Minimum DSCR: 1.20-1.30x
Maximum Amortization: 25-30 years
HOTEL
Eligible Property Types: Full service, limited service & extended stay. Flagged
or destination resort properties only.
Loan Term: 5, 7, 10, 15, 20 years
Maximum Loan-to-Value: 65-70%
Minimum DSCR: 1.40x
Maximum Amortization: 25 years
INDUSTRIAL
Eligible Property Types: Warehouse, distribution, light industrial, and flex/office
facilities; preference for multi-tenant properties.
Loan Term: 5, 7, 10, 15, 20 years
Maximum Loan-to-Value: 80%
Minimum DSCR: 1.20x
Maximum Amortization: 30 years
SPECIALITY PROPERTIES
We can also finance dry cleaners, funeral homes, marinas, restaurants, mobile home parks and more.
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