LEVERAGE
Up to 65% of cost/value
LOAN SIZE
$25 million to $100 million for senior debt
LOCATION
United States only, predominantly primary infill locations
OTHER TERMS
Flexible alternatives for recourse, amortization, and debt service coverage
PRICING
Competitive rates and fees on a case-by-case basis
PROPERTY TYPES
Multifamily, for-sale condominiums, industrial, student housing, office, life science, and hospitality
(will also consider other property types)
PROJECT STAGE
Stabilized, Redevelopment, Repositioning, Construction
STRUCTURING
Floating rate tied to one month SOFR or PRIME
TERM
2-7 years with extensions available based performance hurdles and updated appraisals
TRANSACTION TYPES
Acquisitions, refinancings, construction loans, note financings, lines of credit and subscription facilities