This program provides well-priced and significant leverage: 2-5 year term financing, up to 80% LTV. It is ideal for Class A and Class B assets with a good story regarding reposition or lease up. Opportunistic purchases and re-caps also considered. The rates are floating with or without a swap/hedge.
Loans amounts $40M-$150M. West coast preferred. No pre-payment penalty after 18 to 24 months.
This non-bank lender has a proven track record of performance and certainty of closing.
Reach out to the NEBO team for questions on your deal.