Acquisition, Construction, Restructuring and Refinancing

LOAN AMOUNT: $2,000,000 and up.

BORROWER: Management and/or ownership should be experienced. Past or present credit problems, including Chapter 11 or Chapter 7 bankruptcies are workable.

LOAN TERM : 1 to 5 years, interest only.

PREPAYMENTS: Loans may be prepaid at any time after the first anniversary of the loan with no prepayment penalties.

INTEREST RATE: 8% TO 12%

COLLATERAL: First mortgage on land, office, multifamily, recreational, medical, warehousing, manufacturing, self-storage, hospitality (hotel/motels) or industrial properties, etc. -– non-income or income-producing, located anywhere in the USA and select countries around the world.

L-T-V RATIO: 40% to 75% of As-Is Value by independent third party MAI appraisal.¹

USE OF LOAN: Proceeds may be used for land development, real estate acquisition, construction costs, equipment, working capital, closing costs or cash-out.

PROCESSING: Approvals within 24 hours, commitments within 48 hours, and closings in as little as 14 business days.

EXIT FEE: In lieu of equity, there may be a fee of between 1% and 5% of the loan amount.

COMMITMENT FEE: Typically between 1% and 3% of Loan Amount.

SUBMISSIONS: Brief property description • Schedule of all proposed capital expenditures • Sources and use of proceeds statements • Appraisal, where available

¹ As-Is Value defined as a cash sale within a 180-day marketing period