The basic program parameters are as follows:
Typically floating rate, LIBOR based with floor of 12%
Negotiable based upon in-place cash-flow, interest reserves and credit enhancements.
Deal specific based on in-place cash flow, interest reserves and credit enhancements.
Up to 80%
Industrial, Office, Multi-Family, Hotel, Condominiums, Manufactured Housing Communities, Anchored Retail, Self Storage and Land
Must have past experience with property type.
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