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All transactions are funded on a portfolio basis without the transaction costs or restrictions of securitized structures. Compact management team and approval process capable of executing transactions quickly and efficiently, particularly where unique deal aspects require the attention of senior, seasoned real estate finance professionals. |
| Loan Size: | $2MM to $10MM; the Bank has the capability of completing larger transactions with participants. | ||||||||
| Advance Rates: | Leverage is dependent on the characteristics of the individual transaction and the sponsor's experience and financial strength. | ||||||||
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| Pricing: | Loans are priced on an individual basis consistent with the inherent risk profile. Pricing is floating over Prime. | ||||||||
| Fees: | Negotiable | ||||||||
| Recourse: | Full Recourse | ||||||||
| Terms: | Up to five years | ||||||||
| Structures: | Primarily first mortgage structures. | ||||||||
| Amortization: | Typically interest only for the first 12 to 21 months | ||||||||
| Prepayment: | Flexible |
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Commercial Real Estate Lending