Capital Sources 

Our long standing relationships with executive management guarantee the most competitive real estate financing product in the market. Our Lender sources can fund loans ranging from $1 Million to $250 Million dollars.

PORTFOLIO LENDERS & COMMERCIAL BANKS

•ARM, 3-year, 5-year, 7-year, 10-year, and 15-year fixed rates
•25-year, 30-year, 40-year, and 15/15 amortization schedules
•Declining balance, modified treasury, or yield maintenance prepay   
•Minimum loan amounts of $500K
•Recourse & non-recourse options
•No tax return programs
•Flat lender fees available

AGENCY LENDERS – FANNIE & FREDDIE

•FREDDIE MAC DUS PROGRAM
•5, 7 and 10-year hybrid & fixed periods
•20-year loan term for hybrid fixed periods
•Top markets: 1.20 DSCR & 80% Max LTV
•Partial & full-term interest only available
•Various step down prepay structures
•FANNIE MAE DUS PROGRAM
•5, 7, 10, 12, 15 and 30-year fixed rates
•Yield maintenance prepayment penalties
•Top markets: 1.20 DSCR & 80% Max LTV
•U.S. Treasuries + lender spread
•Non-recourse, nationwide lending area

CONDUIT/CMBS LENDERS

•1.25 DSCR, 75% LTV, and 30-year amortization
•5, 7, and 10-year U.S. Treasury SWAP rates + lender spread
•Minimum loan amounts of $3M
•Yield maintenance & defeasance prepay structures
•Taxes, insurance, TI's & LC's, and replacement reserves •structured as needed
•Multifamily, Office, Retail, Industrial, Self-Storage, Hotels, and Student Housing

CONSTRUCTION LENDERS

•65% - 75% LTC
•WSJ Prime or LIBOR + lender spread
•18 - 24 month loan terms with extensions if needed
•Interest and construction contingency reserves required
•Credit for land value determined by deal
•Proforma NOI needs to be sufficient for perm take-out loan

CREDIT UNIONS

•3-year, 5-year, 7-year, and 10-year fixed rates
•25-year & 30-year amortizations
•No prepayment penalties and declining prepays available
•Deals underwritten to note rate and 1.20 DSCR
•Full sponsor global underwriting required

PRIVATE MONEY LENDERS

•Collateral based 60% - 90% LTV
•12 - 36 month loan terms
•Interest only, no DSCR requirements
•7%-10% 1st trust deeds and 10%-15% 2nd trust deeds
•3-5 business day closings

LIFE INSURANCE

•3-year, 5-year, 7-year, 10-year, 15-year, 20-year, and 25-year fixed rates
•60% or less LTV preferred, however up to 75% LTV also available
•Stabilized multifamily, office, retail, and single tenant assets
•Yield maintenance prepay penalties
•U.S. Treasury SWAP + Life Co. spread

BRIDGE & STRUCTURE FINANCE LENDERS

•up to 85% LTC
•12 - 36 months loan terms
•WSJ Prime + 100 - 150 basis points
•LIBOR + 300 - 400 basis points
•Max loan amount subject to business plan pro-forma for take-out