Our Commitment
Lending Parameters
Lending Officers
Noteworthy Financings

Commercial real estate
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Lending Parameters

Our basic lending parameters are described briefly below. Please click on Financing Inquiries or contact one of our staff for an in-depth discussion of your financing needs.


  PRODUCT   Floating rate bridge financing for assets in transition, and for new ground-up construction.
  LOAN SIZE   $2 -6 million; possibly higher on a case-by-case basis.
  TERM   12 - 36 month initial term; extensions available.
  PROPERTY TYPES   All types of property, including apartment, office, retail, industrial, mixed-use and condominium development projects.
  LOAN TYPES
  Construction, acquisition, refinancing and mini-perms.
  MARKETS   Target markets include Illinois, New York, California, and Washington, D.C. Other major metro areas and secondary markets will be considered based on sponsorship.
  UNDERWRITING
  Loan-to-Cost, Loan-to-Value and Debt Service Coverage negotiable on a case-by-case basis.
  INTEREST RATES
  Floating over prime; typically subject to a floor.
  FEES
  1-2% for initial term; extension fees subject to negotiation.
  CLOSING
  Typically 60 days after receipt of information.