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