Financing Services

Acquisition & Development Loans

Construction & Permanent Loans

Mini-Perm, Fixed or Variable Rates

Multi-Family FHA, Fannie & Freddie

Life Company & Com'l Bank Loans

SBA & IDB Loans

Structured Finance-Loan Programs

Joint Venture & Equity Financing

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, FHA, Fannie & Freddie Loans

. Mini-Storage:

Branded

. Mobile Home Parks:

Adult oriented

. Hotels/Motels:

Flagged

Financing options: For Credit Tenant Leased (CTL) properties with at least BBB ratings

. Forward commitments with up to 12 month forward rate lock

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

. LTV based upon DCR: 1.01 DCR for NNN or 1.05 DCR for NN

. 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 70% for real estate loans subject to loan underwriting

Up to 98% for Investment Grade Rated BBB CTL properties

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

Interest Rates: Priced at a spread over the Ten Year Bond Yield

Examples:

3.00%

3.00%

3.00%

  

Treasury Rate

4.00%

4.25%

4.50%

  

Plus Spread

7.00%

7.25%

7.50%

  

Fixed Interest Rate

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

Prepayment:

Yield Maintenance, Defeasance or Fixed

Recourse:

Typically none. Varies according to the transaction

Lender's Fee:

Typically none, except for an inspection feel

Origination Fee:

Typically 1%.  Varies according to loan size

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