Industrial Property Loans

Financing options for acquisition or refinance of industrial properties. Maintained relationships with a select number of top tier investors assures borrowers access to competitive pricing and terms.

MINIMUM LOAN: $5,000,000.00
LOAN TERM: 5, 7 or 10 Years
AMORTIZATION: Up to 30 Years
MINIMUM DSCR: 1.20x to 1.25x
MAXIMUM LTV: Case by case basis
INTEREST RATE: Fixed or adjustable rate options on an actual 360 basis
ELIGIBLE PROPERTY TYPES: Retail, Office, Industrial and Self Storage
TAX AND INSURANCE ESCROWS: Monthly Deposits Required
REPLACEMENT RESERVES: Monthly Deposits Required
RECOURSE: Case by Case. In Most Cases Non-Recourse With Standard Exceptions For Fraud and Misrepresentation
REQUIRED REPORTS: MAI Appraisal, Property Condition Assessment, Phase I.  Others if applicable
PREPAYMENT: No prepayment through Year 4. Defeasance thereafter
ASSUMABLE: Subject to Approval and Fee
SUBORDINATE FINANCING: Mezzanine allowed subject to approval
RATE LOCK: 1 day prior to closing. Early rate lock option available
ORIGINATION FEE: PAR to 3% + 1-4 Points. (In Addition to Closing Costs)

IMPORTANT: This is not an offer to make a loan, all requests are subject to normal due-diligence and final approval under conditions that are standard for the specific transaction. The above terms and conditions are subject to change without prior notice and other terms and conditions apply.