NEW COMMERCIAL LENDING PROGRAMS - 10/07/07 10:39 PM
Commercial Loan Projects $1 million up to $500 million
Programs:
Unsecured Second Mortgage and Mezzanine Financing
Range: $1,000,000 to $250,000,000
  Availability:
  
OfficesRetailMulti-familyHotelsCommercial BuildingsIndustrial BuildingsLandResidential Development  Features:
Aggregate leverage up to 97% LTV / LTCLoan term up to 10 yearsAmortization up to 25 years12% - 18% annual interest rateNo equity participationNon-recourse subject to carve outs  
  Bridge Loan and Long Term Loans
  
Range: $1,000,000 to $500,000,000
Availablility:
  
OfficesRetailMulti-familyHotelsCommercial BuildingsIndustrial BuildingsLand  Features:
Aggregate leverage up to 85%Loan term up to 8 yearsAmortization up to 25 years7% - 14% annual interest rateNo equity participationNon-recourse subject to carve outs 
Joint Venture Financing for Residential Builders and Developers Loans
  Range: $500,000 to $100,000,000
  Availablilty: Single family and condominium Developments nationwide
                                                                                               Amount:
$500,000 to $100,000,000 … (0 comments)