Long Term Commercial Loan
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Property Types | Assisted Living, Cannabis Related, Hotel, Industrial, Land Entitled, Land Non-Entitled, Medical Facility, Memory Care, Mixed use, Multi Family, Office, Self-Storage, Senior Care - Commercial Property, Shopping Center, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $5,000,000 |
Loan amount Maximum | $750,000,000 |
Interest Rate Minimum | 8.75% |
Points Minimum 1st TD | 1 |
Points Maximum 1st TD | 5 |
Interest Only or Amortized | Interest Only |
Updated as of | 2025-01-31 |
Summary of all Guidelines |
Loan Types | Bridge Loan, Construction Loan, Rehab Loan |
Property Types | Cannabis Related, Industrial, Land Entitled, Medical Office, Multi Family, Office, Retail, Shopping Center, Warehouse |
Loan amount Minimum | $5,000,000 |
Loan amount Maximum | $100,000,000 |
Interest Rate Minimum | 9.5% |
Points Minimum 1st TD | 1 |
Points Maximum 1st TD | 5 |
Terms | 6 months, 9 months, 1 year, 1.5 years, 2 years, 3 years, 4 Years |
They offer financing for Bridge Loans, Construction Loans and Rehab Loans. The property type they primarily lend against is Cannabis Related, Industrial, Land Entitled, Medical Office, Multi Family, Office, Retail, Shopping Center and Warehouse. Their minimum loan amount is $5,000,000. Their maximum loan amount is $100,000,000. Maximum duration of 6 months;9 months;1 year;1.5 years;2 years;3 years;4 Years. Although rates can change they are typically lending at a minimum rate of 9.5%. Points charged are deal specific, but historically have charged a minimum of 1. Maximum points charged are 5.
These descriptions are limited information and meant for general reference purposes.