CAPITAL STRUCTURE: BRIDGE LOAN, PREFERRED EQUITY, MEZZANINE DEBT
Newly formed Investment Advisor targeting transitional middle-market lending opportunities on Multifamily assets nationwide.
Property Types: Multifamily
Use (All include an option for future funded TI/LC and CapEx facility): Acquisition, Repositioning, Recapitalizations & Special Situations
Loan Size: $3-10 million
Leverage: Up to 85% LTC
Pricing: LIBOR + 800-900 bps with a floor (varies based on risk). Market competitive Origination, Exit, and Extension fees adjusted to loan size, timing and complexity
Term: 2-3 years with extension option available. Prepayment available, subject to fees and/or minimum return requirements
Recourse: Non-recourse, except for standard carve-outs and carry/completion guarantees
Geography: Growth markets and locations with identifiable demand drivers and supply constraints
Newly formed Investment Advisor targeting transitional middle-market lending opportunities on Multifamily assets nationwide.
Property Types: Multifamily
Use (All include an option for future funded TI/LC and CapEx facility): Acquisition, Repositioning, Recapitalizations & Special Situations
Loan Size: $3-10 million
Leverage: Up to 85% LTC
Pricing: LIBOR + 800-900 bps with a floor (varies based on risk). Market competitive Origination, Exit, and Extension fees adjusted to loan size, timing and complexity
Term: 2-3 years with extension option available. Prepayment available, subject to fees and/or minimum return requirements
Recourse: Non-recourse, except for standard carve-outs and carry/completion guarantees
Geography: Growth markets and locations with identifiable demand drivers and supply constraints