CAPITAL STRUCTURE: PERMANENT LOAN
Investment advisor offering in house asset management, interest-only, non-recourse flexible loan structures
Check size: $10MM-$50MM
Term: 5-10 years+ LTV / LTC: Target <55%
Pricing (“Interest”): Market Spread over UST;
30/360 Structure: Fixed Rate Origination
Fee: Par + Processing fee
Amortization: Max 30 years (IO Available sub-60%)
Target Returns (DSCR/DY): Minimum 1.25x (target 1.5x+) / Min. 9%
Recourse: Non-recourse Preferred
Property Types: Industrial (Bulk warehouse & flex), Multifamily (Class A/B+, select garden style), Medical office, and stabilized assets.
Selectively Property Types: Office (CBD Class A/B+, select suburban, transit-oriented), grocery-anchored credit retail.
Geography: Top 20 Metro Markets, Select Secondary Markets