Permanent Financing – Refinancing and Acquisitions:
- Loan Size: $1,000,000 – $100,000,000
- Loan to Value: 60 – 80%
- Mezz / Preferred Equity Option: To total 85% LTV
- Equity: Up to 90% of the required equity
- Rate: Starting at 2.5% fixed for the financing
- Term: 5 – 10 years
- Amortization: 25 years
- Non-Recourse: Available
- Prepayment Penalty: 1%
- DSCR: Starting at 1.2