Lending Guidelines
Property Types
Office, Retail, Apts, Industrial, Hotels
Markets
Primary Markets
Preferred Size
$10 Million to $200 Million (per single property)
Term
Fixed Rate: 5 to 30 Years
Floating Rate: 3 to 5 Years, 30, 60, 90 Day LIBOR
Parameters
Leverage: Target 60% LTV or less.
Secondary Financing: Case by case with adequate debt coverage on entire capital stack
Co-Lending: Pari-Passu or Senior/Subordinate
Coverage: Minimum 1.2X on Amortizing Basis
Forward Commitments
Up to 12 months
