Multifamily Real Estate

Eligible Properties

Multifamily, student housing, affordable housing, assisted living, mobile home parks, healthcare facilities

Loan Amount

Minimum $1 million

Interest Rate

Fixed rates vary; Floating rates from 2.30% over LIBOR—check current LIBOR rates

Loan Term

5 to 30-year fixed-rate terms available

Amortization

Up to 30 years

Maximum LTV

80%

Minimum DSCR

1.25x

Minimum Debt Yield

7-8%

Recourse

Non-recourse with standard “bad boy” carve-outs

Prepayment

Yield maintenance, no prepayment premium in the final 90 days