Loan for Office Buildings and Sites (Single & Multi Tenant):

High-rise, Mid-rise, Garden Style, Medical/Professional, Office Condos. For lease, for sale, and owner occupied properties.

Construction Loans

• 75-80% 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
  
• 75% Loan to Value
  
• 90% Loan to Value Owner Occupied
  
• 25-30 Year Amortizations with Floating Rates Periods Available
  
• Property must be stabilized (Must Be 85% Leased)
  
• Property must have at least a 1.20 DSCR
  

Bridge/Mezzanine Loans

• Interest Only Loans
  
• 12-24 Month Terms
  
• DSCR must be at least 1.20
  
• 90% Maximum CLTV for Mezzanine Loans
  
• 80% Maximum LTV for Bridge Loans
  

Needed 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
   
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