LENDER-AI24I10805EB00017
$495.00
Purchase for full contact information of one or more deal team members. All purchases are final and non-refundable.
Description
– The fund provides loans for special situations and is active in the real estate credit markets.
– The fund offers first mortgage bridge loans, structured subordinated debt, preferred equity, and purchases non-performing loans.
– Check sizes for investments typically range from $5 to $50 million.
– The fund offers opportunistic bridge loans with rates ranging from S+550 to S+700, fees between 2% to 3%, and up to 80% LTV/LTC.
– Stable income loans are available with rates ranging from S+500 to S+650, fees of 1% to 2%, and up to 80% LTV/LTC.
– The fund offers financing for various transaction types such as construction completion, quick close, DIP financing, transitional properties, partner buyouts, acquisitions, and re-capitalizations.
– Asset types eligible for financing include select office, retail, industrial, multifamily, hospitality, medical office, US & international assets, entitled land, residential lot development, single family investments, self-storage, student housing, age-restricted housing, and special purpose facilities.
– The fund has an average term of 1-3 years and can offer recourse and non-recourse options, low minimum interest, and 2nd mortgages and mezzanine loans.