Loan Size: |
$50-$500+ Million |
Collateral: |
Primarily Transitional CRE Properties |
Sponsorship: |
Well-Established, Capitalized & Experienced |
Geographies: |
Top 30 U.S. Markets |
Property Types: |
Multifamily, Office, Life Science, Industrial, Hospitality, Retail, and Other Commercial Property Types |
Loan-to-Value: |
Typically 75% or less |
Maturity: |
2-3 Years with Extension Options |
Representative Pricing: |
SOFR + 3.25 – 4.50% with Rate Floors |
Fees: |
Typically 1.00% Upfront Fee + Extension Fees |