|
 Commercial
Loan Underwriting
We finance most types of income
producing properties through our permanent, fixed-rate loan programs
and our equity/bridge programs.
Most loans are non-recourse with the exception of standard carve-outs
for "bad boy" provisions. CommercialCapital.Info's minimum loan size
is $1 million. Loan parameters are asset class specific and are established
on a
case-by-case basis, with maximum loan-to-value scenarios being pushed
up to 100% in certain cases.
Please view the following asset classes
as our underwriting criteria may vary:
| Multi-Family Underwriting Profile |
Eligible
Property Types: |
Class A, B, C. |
Loan Term: |
5, 7, 10, 15, 20 years |
Standard Loan-to-Value: |
80% |
Minimum DSCR: |
1.20x |
Maximum Amortization: |
30 years |
Income and Expenses: |
Three years of historical operations if available.
Emphasis is on the trailing 12 months of operations and
the current rent roll. |
|
| Office Underwriting
Profile |
Eligible
Property Types:
|
Class A, B & C buildings with
a preference for diverse rent rolls. |
Loan Term:
|
5, 7, 10, 15, 20 years |
Standard Loan-to-Value:
|
75%, 80% for "CBD" |
Minimum DSCR:
|
1.25x |
Maximum Amortization:
|
30 years |
Income
and Expenses:
|
Three years of historical operations
if available. Emphasis is on the trailing 12 months of
operations and the current rent roll. |
|
| Self-Storage
Underwriting Profile |
Eligible
Property Types:
|
All properties; on-site management
preferred. |
Loan Term:
|
5, 7, 10, 15, 20 years |
Standard Loan-to-Value:
|
75% |
Minimum DSCR:
|
1.30x |
Maximum Amortization:
|
25 years |
Income
and Expenses:
|
Three years of historical operations
if available. Emphasis is on the trailing 12 months of
operations and the current rent roll. |
|
| Retail Underwriting
Profile |
Eligible
Property Types:
|
Anchored and unanchored with preference
for multi-tenant centers. |
Loan Term:
|
5, 7, 10, 15, 20 years |
Standard Loan-to-Value:
|
70-80% |
Minimum DSCR:
|
1.20-1.30x |
Maximum Amortization:
|
25-30 years |
Income
and Expenses:
|
Three years of historical operations
if available. Emphasis is on the trailing 12 months of
operations and the current rent roll. |
|
| Hotel Underwriting Profile |
Eligible
Property Types:
|
Full service, limited service & extended
stay; flagged or unflagged. |
Loan Term:
|
5, 7, 10, 15, 20 years |
Standard Loan-to-Value:
|
70% |
Minimum DSCR:
|
1.40x |
Maximum Amortization:
|
25 years |
Income
and Expenses:
|
Three years of historical operations
if available. Emphasis is on the trailing 12 months of
operations and the current rent roll. |
|
| Industrial Underwriting Profile |
Eligible
Property Types:
|
Warehouse, distribution, light industrial,
and flex/office facilities; preference for multi-tenant
properties. |
Loan Term:
|
5, 7, 10, 15, 20 years |
Standard Loan-to-Value:
|
80% |
Minimum DSCR:
|
1.20x |
Maximum Amortization:
|
30 years |
Income
and Expenses:
|
Three years of historical operations
if available. Emphasis is on the trailing 12 months of
operations and the current rent roll. |
|
| Equity, Bridge and Mezzanine Programs |
Eligible
Property Types:
|
Retail, office, industrial, multi-family |
Geographic Region:
|
Nationwide (US) |
Program Function:
|
Refinance, acquisition, and/or renovation |
Minimum Loan Amount:
|
$1 million |
Interest Rate:
|
12%-18% accrued with negotiated participation
and preferences. |
Term:
|
12-36 months |
Amortization: |
Interest only |
Loan-to-Value: |
80% - 100% |
Recourse: |
Non-recourse except for standard
carve-outs |
Income and Expenses: |
Three years of historical operations
if available. Emphasis is on the trailing
12 months of operations and the current
rent |
All of the above figures should be considered as informational
and non-binding, as our actual terms and figures may
vary. |
|
|
 |
Click
below for information pertaining to loans $1,000,000 and up