NEW INSTITUTIONAL BRIDGE PROGRAM

5.90% for select loans $10M – $50M

GENERAL LENDING PARAMETERS

INTEREST RATES 5.90% interest only for loans $10M – $50M
6.90% interest only for loans $5M – $10M
7.90% interest only for loans $1M – $5M
LOAN TO VALUE Up to 60% LTV
LOAN AMOUNTS $1,000,000 – $50,000,000
ORIGINATION FEE 0.50 – 2.0 points, depending on loan size and length of the term
EVALUATION/
PROCESSING FEE
$750 – $1,500, depending on location
LOAN MATURITIES 1 to 24 months (extensions available)
LOCATION California Only
TYPES OF LOANS Acquisition, Refinance and Cash-Out
TYPES OF PROPERTIES Non-owner occupied residential, multifamily, retail, office, industrial, vacant buildings and entitled land
LIEN POSITION First Trust Deeds Only
PERSONAL GUARANTY Not Required
PREPAYMENT PENALTY / YIELD MAINTENANCE None

CONTACTS

FOUNDERS

Gerald Ducot

James Rothstein

INVESTOR RELATIONS

Lisa Irmas

LOAN DEPARTMENT

Johanna Traynor

Alexa Mizrahi

Therese Charkut

Heather Barrie Finn

Tyler Hereford

Justyna Fatyga

Macyn Sheahan

Suzie Lee

RECENT TRANSACTIONS

Santa Barbara Cross

Loan Amount $2,000,000 Transaction Acquisition and Cash Out Refinance Collateral An ocean-front SFR cross collateralized with an apartment building Location Santa Barbara, California Purpose of [...]