Flexible Non-Recourse Balance Sheet Program (ID:B5502)

Seeking flexible Non-Recourse financing between $10.0 – $100+ Million? This program provides up to 5 yr. floating rate debt for transitional properties, including new construction.  Unlike most local banks who require personal guarantees, all loans are non-recourse.
NON-RECOURSE FLEXIBLE BALANCE SHEET PROGRAM
ID: B5502
FEATURED
$10.0 - $100+ Million
  • CAPITAL SOURCE
    Debt Fund
  • MARKETS
    United States
  • PROPERTY TYPES
    Retail, Office, Hotel, Multifamily, Industrial, Mixed-Use, Self Storage, Mobile Home Parks, Senior Housing, Medical Office
  • LOAN PURPOSE
    Acquisition, Refinance, New Construction, Redevelopment, Recapitalization, Debt Repurchase
    Core, Core-Plus & Value Add
  • TERM
    3-5 years
    12-18 month for bridge
  • INTEREST RATE
    Floating over 1 month Libor
  • AMORTIZATION
    Interest Only
  • LOAN-TO-VALUE
    Up to 80%
  • DSCR
    Flexible based upon business plan
  • RECOURSE
    Non-Recourse (subject to standard carveouts)
  • PREPAYMENT
    Flexible / Call Protection
  • OTHER
        Future $ available for Capex, TI & LC, operating debt service shortfalls
        Quick approval process
        Lender has discretion over deployment of capital and is open to "storied" transactions

  • IDEAL FOR A SPONSOR...
      Seeking short term financing up to 5 yrs
      Who wants to avoid personal guaruntees from local banks
      Who is looking for leverage up to 80%
      Who has a time sensitive transaction needing quick approval
Top
Inquiries / Questions?

 
617-292-7177
Ted Sidel | Chad LaBonte | Brian Walsh
Submit Message
Signup for News & Announcements 
Subscribe
close-image