| Eligible Properties | Multifamily, Senior Living, Student Housing, Manufactured Home Communities |
| Loan Amount | $100,000 to $75M |
| Loan Term | Fixed rate periods from 2 – 30 Years |
| Amortization | Amortization periods up to 30 yrs (IO available) |
| Commitment Fees | 2.0% to 4.0% |
| Borrower Recourse | Typically non-recourse with standard carve-outs |
| Maximum LTV | Senior Debt to 80% |
| Qualifying Parameters | -Senior debt to 80% LTV. -Subordinate mezzanine debt to 85% LTV/ Preferred equity to 90%/ JV equity to 98%. -Minimum DSCR of 1.20x. |
| Third Party Reports | MAI Appraisal (expanded or separate market study may be required for properties with a value-add component); Environment Phase I and Engineering/Structural Report prepared by approved professionals. |
| Geographical Focus | Nationwide, Foreign nationals eligible |