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Warehouse / Light Industrial Financing
Loan Program Features 1 Million and up with no Maximum
Loan Term Fixed Rates for 5,7,10 years
Ammortization 15 - 30 years
Loan-to-Value Up to 90% ( with MEZZ CAP )
Debt Service Ratio 1.25 or more
Closing Time 30 - 60 Days
Rate Lock Period 60 Days
Reserves .10 psf
TI / LC .30 psf
Vacancy 5%
Managerment 3%
Prepayment Options Defeasance-Yield Maintenance
Recourse NO
Non-Recourse YES except for required carve-outs
Application Fee None
Initial 3rd Party Fees $15,000 to $25,000 |