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  • Large project non-recourse construction debt financing

    NON RECOURSE MULTIFAMILY GROUND-UP DEVELOPMENT PROGRAM

    Value-Add / Adaptive Reuse / Rehab / Repositioning (Acquisitions And Refinances)



    Loan Amount: $5MM -$55MM

    Ground-up Construction Loan Amount: $5MM - $35MM

    Rate: Priced individually with interest rate based on 30 day Libor (floor) plus applicable spread

    LTC: Varies from 70% - 85% based on asset types & loan parameters

    Term: 1 – 3 year terms with extension options

    Interest Only

    Ground-up development/construction (multi-family & mixed-use assets only; no SFR) and also offer Pref Equity pieces on both ground-up development and existing assets (multi-family & mixed- use assets only). Finance can involve Federal and State Historic, New Market, & Low Income Tax Credits as well as PACE/CPACE.



    LARGE PROJECT NON-RECOURSE CONSTRUCTION DEBT FINANCING



    Loan Amount: $20MM - $250MM

    Position: Senior Debt / Mezz

    Senior Debt Rate: 4.5% - 6.5%

    LTC: Up to 85%

    Investment Type: Construction / Portfolio Acquisitions / Value Add

    Property Types: Multifamily, Student Housing, Senior Housing, Medical Office Building



    NON-RECOURSE BOND PROGRAM



    Loan Amount: $5MM - $120MM

    Types Of Bonds: Tax-Exempt and Taxable

    Rates: Tax Exempt: 5% - 5.5% Taxable: 7.5%

    LTC: 75%

    Term: 3 Years Interest Only then Amortization up to 35 Years

    Reserve: 1 Year of Principal + Interest Payments



    NON-RECOURSE BRIDGE LOAN PROGRAM:



    Loan Amount: $1MM - $55MM

    LTV: 75%

    Term: 1 - 3 Years

    Interest Only

    Closing In As Little As 2 Weeks

    All Real Estate Asset Types




    JUST CALL OR EMAIL TO GET PRE-APPROVED!

    Telephone number is (541) 632-0670

    Please visit our websites: www.commercialmortgagecap.com

    Email: milford@commercialmortgagecap.com
































































































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