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.
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
$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
Portfolio Loan (up to $100M)
Mobile Home Park
Single-Tenant NNN Property
And select other property types
*Pricing based on: Property Type, Loan Term, Loan-to-Value, DSCR and Quality of Sponsorship.