Financing Types:

Construction & Permanent loans

Joint Venture & Equity Financing

Life Insurance Companies

Conduits

Multi-Family DUS Lenders

Commercial Banks

SBA Lenders

Industrial Development Bond Lenders

Loan Amount : $3 Million and up

Property Types:

• Office Buildings:

Owner occupied, multi-tenanted or net leased

• Retail Centers:

Credit anchored and well located strip centers

• Industrial Buildings:

Owner occupied, multi-tenanted or net leased

• Multi-Family:

Conventional, and DUS loans

• Mini-Storage:

Branded

• Mobile Home Parks:

Adult oriented

• Hotels/Motels:

Flagged

Credit Tenant Leased (CTL) with at least BBB- ratings, financing options:

• Forward commitments with up to 12 month forward rate lock

• Amortization schedules to match lease term, or hangout with RVI

• Up to 90% LTV with 1.05 minimum DCR (Lower if a bond net lease)

• Non-recourse and assumable

CMA also represents several institutions and individuals seeking acquisition, equity or joint venture opportunities. All cash and leveraged properties can be considered nationwide.

Term & Amort: 5/20; 10/20; 10/25; 10/30; 15/15; 20/20 (Most all combinations)

Loan to Value:

Up to 75% for real estate loans, depending on loan underwriting

Up to 90% for CTL loans on Investment Grade Bond Rated deals

Debt Coverage: 1.25 to 1 and lower on Credit Tenant Leased (CTL) properties

Interest Rates: Priced at a spread (per deal) over the Ten Year Bond Yield

Examples:

4.65%

4.65%

4.65%

  

Current Treasury Rate

+1.00%

+1.20%

+1.35%

 

Spread

5.65%

5.85%

6.00%

 

Fixed Interest Rate

NOTE: INTEREST RATE WILL VARY DEPENDING ON 10-YEAR BOND YIELD, SPREAD
AND THE LENDER'S FLOOR RATE

Prepayment:

Standard Fixed Fee or Yield Maintenance

Recourse:

Typically none. Varies according to the transaction

Lender's Fee:

Typically none, except for an inspection feel

Origination Fee:

Typically 1%

Closing Costs :

Standard “Out of Pocket”, Plus Appraisal, Environmental,
and Property Inspection Fees.

Please call for current quote on any transaction in process,
“Letters of Intent” or Contract.

Click here for a printable/downloadable version of our Loan Profiles