| Programs | Hotel | Multifamily | Senior Housing | Student Housing | Retail | Office | Industrial | Self-Storage |
|---|---|---|---|---|---|---|---|---|
| Amount | $1 Million Minimum | $1 Million Minimum | $1 Million Minimum | $1 Million Minimum | $1 Million Minimum | $1 Million Minimum | $1 Million Minimum | $1 Million Minimum |
| Rate | Starting at 7.00% | Starting at 7.00% | Starting at 7.00% | Starting at 7.00% | Starting at 7.00% | Starting at 7.00% | Starting at 7.00% | Starting at 7.00% |
| Amortization | up to 30 years | up to 30 years | up to 30 years | up to 30 years | up to 30 years | up to 30 years | up to 30 years | up to 30 years |
| Purpose | New Construction, Recapitalization, PIP/Renovation Financing | New Construction, Recapitalization, PIP/Renovation Financing | New Construction, Recapitalization, PIP/Renovation Financing | New Construction, Recapitalization, PIP/Renovation Financing | New Construction, Recapitalization, PIP/Renovation Financing | New Construction, Recapitalization, PIP/Renovation Financing | New Construction, Recapitalization, PIP/Renovation Financing | New Construction, Recapitalization, PIP/Renovation Financing |
| Loan To Value | Up to 30% STABILIZED LTV | Up to 30% STABILIZED LTV | Up to 30% STABILIZED LTV | Up to 30% STABILIZED LTV | Up to 30% STABILIZED LTV | Up to 30% STABILIZED LTV | Up to 30% STABILIZED LTV | Up to 30% STABILIZED LTV |
| Loan To Cost | Up to 35% LTC | Up to 35% LTC | Up to 35% LTC | Up to 35% LTC | Up to 35% LTC | Up to 35% LTC | Up to 35% LTC | Up to 35% LTC |
| Loan Term | 20 to 30 years | 20 to 30 years | 20 to 30 years | 20 to 30 years | 20 to 30 years | 20 to 30 years | 20 to 30 years | 20 to 30 years |
| Loan Fee | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% |
| Guarantees | Non-recourse with exception of carve outs | Non-recourse with exception of carve outs | Non-recourse with exception of carve outs | Non-recourse with exception of carve outs | Non-recourse with exception of carve outs | Non-recourse with exception of carve outs | Non-recourse with exception of carve outs | Non-recourse with exception of carve outs |
