| Loan Amount | $2 – $50 million |
| Term | 2–10 years depending on transaction specifics |
| Loan-to-value (LTV) | Up to 85% (selectively up to 90% for enhanced Preferred/LP Equity) |
| Debt Yield | Tailored to each transaction |
| Purpose | Acquisitions, refinancing, repositioning, workouts, recapitalization |
| Loan Type | Fixed or LIBOR-based floating rate loans (current/accrual features where necessary) |
| Structure | Mezzanine, B note, Preferred Equity or selectively LP Equity |
| Pricing | Competitive pricing tailored to each transaction |
| Minimum DSCR | 1.10x DSCR (may selectively go lower) Will consider debt service reserve |
| Amortization | Negotiable, typically interest only |
| Recourse | Typically non-recourse except for certain standard carve-outs |
| Fees | Negotiable, generally 1% origination and 1% exit fee |
| Prepayment | Flexible |
| Property Types / Geography | Multifamily, Retail, Office, Industrial, Hospitality and Self-Storage properties located in primary and secondary markets throughout the U.S. |
