The following loan program is designed to cover the cost of construction before obtaining long-term funding.

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Loan Amount          $5M-$100M

Interest Rate           Starting 7.99%

Loan Term               18-36 months + Extensions

Amortization           Interest Only

Security                   First Mortgage Lien or Trust Deed

Loan-to-Value         Up to 65% of As-Is Value

Loan-to-Cost           Up to 75%

Origination/
Exit Fees                  2-4%

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Recourse                 Non-Recourse Available

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Borrower/
Guarantor                No min. liquidity re’d, asset-based loans only

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Location                   Inner City Infil & Developed Suburbs Only

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Loan Type                Pre-development to Construction, Acquisition, Refi

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Geo Focus                Nationwide & Canada