Loan type: | fixed rate | fixed rate |
asset class: | cash-flowing multi-family | Multi-Family value add |
Loan amount: | $2,000,000 - $20,000,000 | $2,000,000 - $20,000,000 |
Interest rate: | starting at 9.25% | starting at 9.25% |
Loan to value: | max 80% LTC/80% LTV | max 85% LTC/70% LTV |
origination fee: | 1% | 1% |
exit/prepay: | 2,1% | varies by loan |
term: | 24 months | 24 months |
geography: | nationwide | nationwide |
structure: | non-recourse and recourse options | non-recourse and recourse options |