| Loan Type |
Typical Term |
Rate / Structure |
Strategic Value |
Permanent Financing
|
Long Term |
Fixed & Variable Rates
Amortization |
For stabilized properties where there is sufficient cash flow to service the debt. Up to 30 year amortization with non-recourse financing available. |
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| Construction Financing |
Short Term |
Variable Rate /
Interest Only |
New construction, acquisition, renovation, and land development projects. |
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|
Bridge Financing
|
Short Term |
Floating Interest Rate
Fixed Amortized |
Transitional form of financing until the project is ready for permanent financing or for short term projects. |
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| Mezzanine Financing |
Short Term /
Long Term |
Fixed & Variable Rates
Interest Only and
Amortization available |
Used to maximize leverage, pull cash out, or work around traditional loan restrictions. Usually in the form of a 2nd trust deed or secured by ownership interest. |
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| Hard Money Loans* |
Short Term |
Variable Rate / Interest
Only Plus Points |
Optimal for high opportunistic type projects where timing and speed in closing are critical. |
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| Land Loans |
Short Term |
Fixed & Variable Rates /
Interest Only |
Acquisition of raw & improved land for commercial and residential development. |
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| Equity / Participation Financing |
Short Term /
Long Term |
Preferred Return /
Ownership Interest |
Allows borrowers to leverage their capacity to acquire or develop property with help from private investors. |
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Joint Ventures
|
Short Term /
Long Term |
Preferred Return /
Ownership Interest |
Allows for strategic partnerships with others who have expertise, technical capacities, or financial resources. |
