Commercial Real Estate Financing
Program Details
Available in 48 states; eligibility is confirmed per deal.
- Loan size
- Purchase and rate-and-term refinance: $100,000 to $5,000,000. Commercial cash-out: up to $5 million. Subject to underwriting.
- Closing
- Closing in as little as 30 days
Eligible Property Types
- 5+ unit apartment buildings, stabilized (permanent financing)
- Garden-style, mid-rise, and walk-up apartment buildings
- Value-add or transitional multifamily, including lease-up (reviewed case by case)
- Mixed-use with majority residential component
- Workforce housing and naturally occurring affordable housing (NOAH)
- Portfolio of individual multifamily properties (select programs)
Common Use Cases
- Acquisition of stabilized apartment properties
- Value-add or transitional multifamily, reviewed case by case against the business plan
- Recapitalization and cash-out refinance of stabilized apartment assets
- Refinance of maturing debt on multifamily with near-stabilized performance
- Repositioning capital for value-add multifamily through capital improvements
- Permanent or term financing for seasoned income-producing apartment assets
Typical Borrower Profile
- Experienced multifamily operators and apartment investors
- Sponsors with a portfolio of stabilized income-producing multifamily assets
- Value-add investors with a documented repositioning track record
- Developers completing a multifamily project and seeking permanent financing
Required Documentation
- Property rent roll (current, trailing 3-12 months)
- Trailing 12-month operating statement
- Borrower/sponsor background and entity documents
- Preliminary appraisal or recent market valuation
- Current title report and survey
- Capital improvement plan (for value-add transactions)
- Existing debt schedule (for refinance transactions)
$100,000 to $5,000,000. Purchase and rate-and-term refinance only; commercial cash-out is capped at $5 million.
How the Preliminary Term Process Works
Programs are available for qualified sponsors, developers, brokers, and real estate investors. Preliminary terms are subject to underwriting, valuation, market conditions, borrower qualifications, collateral review, and final credit approval.
Submit Loan Request Summary
Provide property address, loan amount requested, use of proceeds, and sponsor information through our secure loan request submission portal.Preliminary Review
Our originations team reviews the submission and responds with a preliminary indication of interest and any additional information needed.Term Sheet Issuance
If the loan request meets our program criteria, we issue a preliminary term sheet outlining structure, pricing, and conditions for formal underwriting.
Frequently Asked Questions
Request Financing
Submit your loan request summary and a member of our originations team will follow up to discuss preliminary terms.
Subject to underwriting, collateral review, borrower qualification, and lender approval. Not a commitment to lend.