Permanent Debt

Asset Classes

  • Multifamily
  • Retail
  • Office
  • Industrial
  • Hospitality

Purpose

  • Acquisition
  • Refinance

Deal Size

  • Minimum $5,000,000

 

Capital Sources

  • Private balance sheet lenders
  • DUS lenders (Fannie, Freddie, HUD)
  • CMBS
  • Banks
  • Insurance companies

Deal Structure

  • Up to 75% loan to value
  • Terms of 5, 7? or 10 years
  • Fixed rate
  • Prepayment penalties apply
  • Non-recourse except standard carve-outs
  • Escrows required for taxes and insurance
  • Escrows may be required for leasing rollover costs