Senior Lien

 

Senior Lien Details

Collateral: All asset classes with a focus on multifamily, condominium, student housing, manufactured housing, industrial, and retail

Geography: Nationwide

Loan Size: $3M – $30M+

Interest Rate: 9.0%+ (floating over SOFR)

Term: 6 – 24 months (maximum 36 months with extensions)

Points: 1.0% – 4.0%

Recourse: Non-recourse options available

Prepayment: Limited

Lien: 1st

Leverage: Up to 75%

Uses: Acquisition, refinance, value-add, special situations