- Property Type : Industrial
- Loan Type : Bridge Loan
- State : Illinois
- City : Evanston
- Funded Amount : $4,650,000
Summary of all Guidelines | |
Loan Types | Bridge Loan, Commercial Loan, Hard Money Loan |
Property Types | 2-4 Units, Industrial, Medical Office, Mixed use, Multi Family, Office, Retail, Self-Storage, Student Housing |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $3,000,000 |
Loan amount Maximum | $15,000,000 |
Points Minimum 1st TD | 1 |
Points Maximum 1st TD | 2 |
Terms | 1 year, 2 years, 3 years |
Prepayment Penalty | No Prepayment Penalty |
LTV Bridge | 80 |
Upfront Fees | Appraisal, Exit Fee, Loan Documents |
Personal Guarantee /Recourse Required | No Recourse |
Intended Occupancy | Tenant |
Inland Mortgage Capital, LLC (IMC) is an experienced private lender specializing in intermediate-term mortgages for value-added commercial real estate in need of 3-15M bridge financing. We provide non-recourse loans targeted for projects with opportunistic characteristics. When it comes to lending solutions, IMC is able to provide exceptions that traditional banks cannot.
IMC’s Non-Recourse Bridge Program is designed to deliver a flexible loan product for value-added commercial real estate opportunities that offer unlocked potential, without the hassle of bank regulations and rigid policies. We work with our clients to negotiate flexible terms on properties located throughout the country. Property types eligible for the program include industrial, retail, multifamily, self-storage, and office buildings.
We bring to the table a breadth of experience and depth of expertise that allows us to provide borrowers with secured financing through an effective, streamlined process.
IMC is part of one of the nation’s largest real estate organizations, The Inland Real Estate Group of Companies, Inc., headquartered in Oak Brook, IL.
Inland Mortgage Capital, LLC is located in Oak Brook, IL. They offer financing for Bridge Loans, Hard Money Loans and Commercial Loans. The property type they primarily lend against is 2-4 Units, Multi Family, Office, Industrial, Retail, Mixed use, Medical Office, Self-Storage and Student Housing. Their minimum loan amount is $3,000,000. Their maximum loan amount is $15,000,000. Maximum duration of 1 year;2 years;3 years. Points charged are deal specific, but historically have charged a minimum of 1. Maximum points charged are 2.
These descriptions are limited information and meant for general reference purposes.