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| PROGRAM |
Description |
Loan Size |
Term |
Amortization |
LTV |
DSC |
Recourse |
Benefits |
 |
- Anchored or unanchored strip centers
- Freestanding stores
- Community Centers
- Community Centers - Investment Grade Single Tenant
- Non-investment Grade Single Tenant |
Minimum $1,000,000 |
7,15,20,25,30 |
Max 30 years |
75-80% |
1.20 |
Non Recourse |
Long term fixed rate
Non Recourse |
 |
- Class A - Class B
- Class C |
Minimum $1,000,000 |
7,15,20,25,30 |
Max 30 years |
75-80% |
1.20 |
Non Recourse |
Long term fixed rate
Non Recourse |
 |
- R&D/flex space - Warehouse
- Distribution and light industrial
- Single and multi tenant properties |
Minimum $1,000,000 |
7,15,20,25,30 |
Max 30 years |
75-80% |
1.25 - 1.30 |
Non Recourse |
Long term fixed rate
Non Recourse |
 |
- Luxury/First Class
- Full Service
- Business/
Economy
- Suite/Extended Stay |
Minimum $1,000,000 |
7,15,20,25,30 |
Max 30 years |
60-65% |
1.40 - 1.50 |
Non Recourse |
Long term fixed rate
Non Recourse |
 |
- Mini-warehouse facilities. |
Minimum $1,000,000 |
7,15,20,25,30 |
Max 25 years |
70% |
1.30 |
Non Recourse |
Long term fixed rate
Non Recourse |
 |
- 3-5 Star |
Minimum $1,000,000 |
7,15,20,25,30 |
Max 30 years |
80% |
1.20 |
Non Recourse |
Long term fixed rate
Non Recourse |
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