Life-company permanent debt for stabilized assets, designed for owners with long-term hold strategies
CAPITAL STRUCTURE: Permanent Loan
Use: $5M – $25M
LTV: 70%
Rate: UST + 120 bps +/-
Term: 10 – 15 – year fixed-rate
Use: Acquisition, Refinance
Property type: Multifamily, Industrial, Retail (multi-tenant only), Office
Geography: Prefers metro areas with 350,000+ population
