CAPITAL STRUCTURE: BRIDGE LOAN
Midwest asset management firm seeking to fund acquisition and renovation plays nationwide
Property type: Student/Multifamily Housing, Self-Storage, Retail, Office, MHP’s and Hospitality
Check size: $10 – $75MM
Leverage: Up to 85% LTC / 75% LTV
Rates: Spreads to LIBOR of 2.5% – 4.5%
Term: Up to 5 years
Amortization: Interest only
Future Funding: Holdbacks for renovations and “good news”
Uses: Acquisitions, Recapitalization and Repositioning
Geography: Nationwide