Leverage

70% - 90%
with credit support
required at the
higher levels

Rate

Stretch Senior
from SOFR + 7%

Mezz / Debt-Like Pref
from SOFR + 9%

Amount

Stretch Senior
$20MM - $120MM

Mezz / Debt-Like Pref
$5MM - $50MM

Purpose

Bridge,
Construction,
Conversion,
Pre-Dev, Rescue

Property Type

Multifamily, BTR,
SFR, Condo,
Mixed Use,
Land, Niche

Location

All US, including
secondary and
tertiary locations

Term

18-30 months
plus extension
options

Timeline

6 weeks from
term sheet issuance,
depending on
speed of third parties