Debt Finance

We provide debt options for the full life cycle of your commercial real estate investments.

General guidelines for debt financing

Bridge Loans

Minimum $5,000,000

  • All major asset classes
  • Funds used for value add acquisition, asset repositioning, or recapitalization
  • Up to 80% loan to cost for value add and repositioning
  • Up to 75% loan to value for hard money loans
  • Floating rate
  • Lender origination and exit fees; exit fees are generally waived if refinanced with the same lender
  • Term of 1 – 3 years with extension options
  • Interest only for the initial term; amortization may be required during extension periods
  • Non-recourse except standard carve-outs and completion guarantees
  • Escrow of future capital requirements to execute the business plan; future funding facility in lieu of escrow available on a case-by-case basis

Permanent Debt

Minimum $5,000,000

  • All major asset classes
  • Funds used for acquisition or refinancing
  • Up to 75% loan to value
  • Fixed-rate
  • Terms of 5, 7, or 10 years; longer terms available on some transactions
  • Amortization is generally required; interest-only periods may be available
  • Non-recourse except standard carve-outs
  • Escrows required for taxes and insurance
  • Escrows may be required for leasing rollover costs

Construction Loans

Minimum $10,000,000

  • Preferred asset classes include multifamily, manufactured housing, industrial, and single-tenant NNN
  • Funds for ground-up construction
  • Smaller balance funding is available on a case-by-case basis
  • Generally up to 65% loan to cost; up to 80% loan to cost available on a case-by-case basis
  • Floating rate
  • Term of 2 – 3 years with possible extension options
  • Completion guaranty required
  • In addition to standard carve-outs, additional recourse may be required
  • Fully entitled transaction

Capital Sources

Types of Debt Financing Relationships

  • Private finance companies
  • DUS Lenders (Fannie, Freddie, HUD)
  • CMBS
  • Banks
  • Insurance companies
  • Hedge funds
  • Credit unions

Find out how we can finance your next transaction

Call us at
+1 (646) 470-7316 or