Loan Programs

$1.00MM to$35.00MM

Our loan programs are designed to provide a valuable, flexible, and equitable solution for our clients’ capital needs. 

Bridge Loans

Properties being acquired/refinanced/recapitalized with the intent to reposition through new business plan and asset profile.

Asset Class
  • Multifamily
  • Office
  • Hotel
  • Industrial
Term
24-36 Months + 6-12 Month Extension(s)
LTC @ Close
Up to 75%
LTV @ Stab.
Up to 70%
Pricing
Fixed Rates - 6.00% to 8.50%
Amortization
I/O
Recourse
Non Recourse Available, Standard Bad Boy Guaranty, Interest Guaranty

Adaptive Reuse

Existing underutilized properties requiring substantial construction rehabilitation to maximize utility and location.  May qualify for Federal and State Historic Tax Credits or NewMarket and other incentives. Our deep experience in this area provides us with the ability to accommodate and utilize third party FHTC lenders and other subsidy structures.


Asset Class
  • Multifamily
  • Office
  • Hotel
Term
24-36 Months + 6-12 Month Extension(s)
LTC @ Close
Up to 67.5%
LTV @ Stab.
Up to 60%
Pricing
Fixed Rates - 7.00% to 9.95%
Amortization
I/O
Recourse
Non Recourse Available, Standard Bad Boy Guaranty, Interest Guaranty
Other
Standard structure accepts FHTC/ SHTC/ Newmarket / TIFF designation(s)

Ground Up Construction

Approved and shovel ready projects requiring debt capital.

Asset Class
  • Multifamily
  • Office
  • Industrial
Term
24-36 Months + 6-12 Month Extension(s)
LTC @ Close
Up to 67.5%
LTV @ Stab.
Up to 60%
Pricing
Fixed Rates - 6.00% to 8.50%
Amortization
I/O
Recourse
Full Recourse Standard, Non Recourse Available
Other
Third Party GMP or Self Performing Accepted

Other Asset Class

Debt for other asset classes such as ground loans, retail renters or other atypical asset situations may be available, depending on location and sponsor strength.