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

CMBS loan alternative

Flexibility to match product terms to borrower and property goals

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

Stabilized and stabilizing properties subject to minimum debt yields

Single Asset or Portfolio Loan

 

 

Terms

$1 million - $25 million+

LTV: up to 80%

Rate: Fixed, Hybrid and Interest Only Options

Interest: from 4.75%*

Fixed Term: up to 10 years

Loan Term: up to 10 years

Amort: 15, 20, 25, 30 & Interest-Only Options

DSCR: 1.20x minimum (lower case-by-case)

Flexible Prepayment Options

Non-Recourse Loan

Assumable

 

 

Purpose

Acquisition

Refinance

Cash-Out

Portfolio Loan

 

 

Collateral

Hospitality

Industrial

Mixed-Use

Multifamily

Office

Owner-User

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.