Alternative Commercial Real Estate Loan

The Alternative Commercial Real Estate Loan offers permanent financing for stabilized and stabilizing properties nationwide. Stabilizing properties must meet minimum debt yields through strong cashflow, vacancy with signed leases or an imminent occupancy. A long-term fixed rate bridge-to-permanent loan is available for situations requiring this. This a great CMBS loan alternative offering more flexibility with the ability to match product terms to borrower and property goals. With so much flexibility, this is a viable alternative to a CMBS or traditional bank loan.

Contact me to discuss your scenario or for additional information.

 

Key Points

No Lender Origination Fee

Flexibility to match product terms to borrower and property goals

Future Funding Available: Capex, Earn-outs, TI/LC and Interest Reserves

Stabilized and stabilizing properties subject to minimum debt yields

No Seasoning Requirements

 

 

Terms

$250,000 - $25 million+

LTV: up to 80%

Rate: Fixed, Hybrid and Interest Only Options

Interest: from 4.75%*

Fixed Term: up to 30 years

Loan Term: up to 30 years

Amort: 15, 20, 25 or 30 years (partial interest-only available)

DSCR: 1.15x minimum

Flexible Prepayment Options

Non-Recourse $1M+

 

 

Purpose

Acquisition

Refinance

Cash-Out

Portfolio Loan (up to $100M)

 

 

Collateral

Hospitality

Industrial

Mixed-Use

Mobile Home Park

Multifamily

Office

Owner Occupied

Retail

Self Storage

Single-Tenant NNN Property

Warehouse

And select other property types

 

 

*Pricing based on: Property Type, Loan Term, Loan-to-Value, DSCR and Quality of Sponsorship.