Leverage
70% - 85%
Credit support
required at
higher leverage
Rate
SOFR + 5% to 9%
Stretch Senior
SOFR + 10% to 13%
Mezz or debt-like Pref
Amount
$20MM - $200MM
Stretch Senior
$10MM - $100MM
Mezz or debt-like Pref
Purpose
Construction,
Conversion,
Land,
Pre-development,
Rescue, Bridge
Property Type
Multifamily, BTR, SFH,
Condo, Mixed Use,
RV, MHP, Land,
Commercial, Industrial
Location
All US,
including
secondary and
tertiary locations with
strong sponsors
Term
12-36 months
with extension
options
Profit Participation
None

