Jimbo Karetny is our CRE-West BizDev lead. 555-888-6969 email@example.com blah blah balh Jimmy is a Saints fan. blah blah blah. yadayada yada
Jimmy specializes in CMBS loans. 20 Years industry experience. Nationwide and China.
Fixed Rate Loan Program
Description Non-recourse, assumable fixed rate financing for the acquisition or refinance of stabilized multifamily, retail, office, hotel, industrial, and self storage properties
Amount Minimum $3,000,000 for multifamily, $7,000,000 for all other asset classes
Terms 5-10 year term; interest only periods up to full term are available
Loan to Value Maximum 75% of appraised value or purchase price constrained by Minimum Debt Yield Coverage Minimum 1.25x DSCR
Minimum Debt Yield 7% for multifamily; 8.5% for office, retail, industrial, and self-storage; 10.5% for hotels Minimum