Commercial Real Estate
Eligible Properties
Multifamily, Office, Retail, Warehouse/Industrial, Hospitality, Medical/Healthcare, Self-Storage
Loan Amount
Minimum $1 million
Interest Rate
Fixed rates vary. Floating rates start at 2.30% over LIBOR
Loan Term
3 to 15 years
Amortization
10 to 30 years
Maximum LTV
80%
Minimum DSCR
1.20x
Minimum Debt Yield
7-8%
Recourse
Can be non-recourse, limited-recourse, or full recourse
Prepayment
Options range from no prepay penalty to step-down or flat-rate penalties