Life Company Aggressively Pursues Shorter-Term Debt & Construction-to-Perm Deals

An established life company lends in urban infill areas on stabilized, cash flowing assets. Terms run 3 to 7 years, floating or fixed. Pricing is aggressive and compares well with the CMBS market.

Minimum senior loan amounts start in the early $20MM range. Core assets and stabilized hotels are welcome. Forward rate locks of up to 12 months are available.

For mezzanine borrowers seeking $10MM+ in proceeds, financing from 50% to 80% LTV is also available. Core stabilized assets only.

This lender also offers 70% LTC construction-to-perm financing for multifamily projects, starting at $50MM in proceeds. 

Call NEBO today for a quick analysis of your deal.