| Loan Amounts: | $3,000,000 to $150,000,000+ |
| Location: | Nationwide |
| Property Types: | Shopping Centers | Apartments/Multifamily |
| Mobile Home Parks | Factory Outlet Centers | |
| Office Buildings | Light Industrial/R & D | |
| Hotels | Nursing/Assisted Living | |
| Net Lease/Credit (call for quote) | ||
| Fixed Rate Non Recourse Acquisition Cash Out - OK |
| Fixed Interest Rates | Apartments & Mobile Home Parks |
Retail/ Industrial |
Office | Hotels |
| Approximate Spread over Treasuries: |
1.25X DCR= 170 - 275 |
1.25X DCR= 185 - 325 |
1.30X DCR= 190 - 350 |
1.50X DCR= 250 - 400 |
| Amortization: | 25-30 years | 25-30 years | 25 years | 25 years |
| Term: | 7/10/15 years | 7/10/15 years | 7/10/15 years | 7/10/15 years |
| Loan to Value: | 80% | 80% | 80% | 75% |
| Prepayment Restrictions: | Lock Out | Treasury Defeasance | Par |
| 7 years: | 0 thru 4 years | 5 thru 6 3/4 years | Last 3 months |
| 10 years: | 0 thru 5 years | 6 thru 9 3/4 years | Last 3 months |
| 15 years: | 0 thru 7 years | 8 thru 14 3/4 years | Last 3 months |
| Assumption: | Subject to lender approval for a 1% fee to a qualified borrower. |
| Recourse: | Non-Recourse with carve-outs for fraud and environmental. |
| Fees: | 1% plus closing costs, appraisal, escrow fees, title insurance, etc. |
| Debt Coverage Ratio: | Multifamily 1.25 to 1; Commercial 1.25 to 1; Hotels 1.50 to 1 |
| Documentation: | Institutional documentation, MAI appraisal, engineering and Phase I environmental reports. Preliminary data should include loan summary, rent roll, actual P & L history, map, site plan, and photo(s). |
| Loan Officers: | Joseph F. Cunningham, Jr., Alin Damian, Ronald A. Braun |
