| Loan Amount | $3 – $20MM |
| Term | 3-10 years |
| Loan-to-value (LTV) | 90+% |
| Debt Yield | Tailored to each transaction |
| Purpose | Acquisitions, refinancing, repositioning, workouts, recapitalization on stable and transitional assets |
| Loan Type | Equity investment with a fixed preferred rate of return and targeted overall IRR tailored to each transaction |
| Structure | Preferred or common equity interest |
| Pricing | Competitive pricing tailored to each transaction |
| Minimum DSCR | Based upon operating covenants |
| Amortization | Not applicable |
| Recourse | Standard carve-outs |
| Fees | Negotiable |
| Prepayment | Flexible |
| Borrowing Entity | Tailored to each transaction |
| Property Types / Geography | Multifamily, Retail, Office, Industrial, Self-Storage, and Hospitality properties located in primary and secondary markets throughout the U.S. |
