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Target Investment Parameters
Loan Types
Construction, Bridge
Property Types
Multifamily, Condo, Residential Conversion
Location
Select high growth transit-oriented markets
Whole Loan Amounts
$50 million - $300+ million
Whole Loan Term
18 - 36 months, plus extension options
LTV
Max LTV of 75%
Whole Loan Interest Rate
Starting at 30-Day term SOFR + 5%
Whole Loan Fees
1% Origination Fee | 1% Exit Fee
Collateral
Senior first mortgage and pledge of sponsor equity
