Loan for Industrial Buildings and Sites

Warehouse condos, Conventional warehouses, Distribution centers, Manufacturing facilities, Refineries, Processing facilities. New site development, existing site redevelopment, expansion, brown fields, ports, etc.

Construction Loans

• Up to 85% Loan to Cost
  
• 12-48 Month Terms
  
• Interest Only Loans
  
• Possible higher Loan to Cost with significant Pre-Sale/Pre-Leasing
  

Permanent Loans

• Recourse & Non-Recourse Loans
  
• Up to 80% Loan to Value
  
• 25-30 Year Amortizations
  
• Property must be stabilized (Leased or Owner Occupied)
  
• Property must have at least a 1.25 DSCR
  

Bridge Financing

• Interest Only Loans
  
• 12-24 Month Terms
  
• Possible Deferred Interest Payments
  
• Up to 85% Loan to Value
  

Needed Initial Documentation:

Construction Loans

1. Summary of Project.
   
2. Pictures of Site/Renderings of Project.
   
3. Proforma.
   
4. Budget.
   
5. Location.
   
6. Sources & Uses (need to know CASH in project (not equity)).
   
7. Appraisal & Environmental Reports
   
8. PFS & Resume of borrower(s).
   

Permanent Financing:

1. Description of Project.
   
2. Operating Statements for past 2 years and current YTD.
   
3. Current Rent Roll.
   
4. PFS & Resume of borrower(s) (not immediately, but will ask for).

Deal Overview Form