Value-Add CRE Loans
Riverside Park Capital provides value-add CRE loans up to $5,000,000 for sponsors buying occupied commercial property with room to improve rents or occupancy. The property must meet the 1.15x minimum DSCR and 75% LTV limit as it stands.
Key loan facts
- Loan amount
- $100,000 to $5,000,000 for purchase and rate-and-term refinance; cash-out refinance up to $5,000,000
- Loan type
- Value-Add CRE
- Eligible properties
- Value-add multifamily, Commercial properties with occupancy upside, Retail and office repositioning, Underperforming mixed-use assets
- Term
- $100,000 to $5,000,000 for purchase and rate-and-term refinance
- Maximum Leverage
- 75%
- Minimum DSCR
- 1.15x
- Minimum FICO
- 680
Commercial purchase and rate-and-term refinance: up to $5 million. Commercial cash-out: up to $5 million. Residential DSCR: up to $5 million. Fix & flip: up to $5 million. Construction: up to $5 million. SBA loan limits are separate from total project financing. Not eligible: owner-occupied residential. Limits vary by program, property and deal, and we confirm them for each deal.
Commercial Real Estate
Program Details
Eligible Asset Types
- Value-add multifamily
- Commercial properties with occupancy upside
- Retail and office repositioning
- Underperforming mixed-use assets
Underwriting Guidelines
- Loan size: $100,000 to $5,000,000 for purchase and rate-and-term refinance
- Cash-out refinance: up to $5,000,000
- Maximum LTV: 75%
- Minimum DSCR: 1.15x
- Minimum FICO: 680
- Occupied commercial real estate only
- Closing in as little as 30 days, subject to underwriting
- Stabilization plan and execution timeline required
- Underwritten on as-is value and business plan
- Renovation budget reviewed
- Exit strategy: refinance or sale required
Who This Is For
- Value-add CRE investors and sponsors
- Operators with a repositioning track record
- Buyers of underperforming commercial assets
Who This Is Not For
- Stabilized properties seeking permanent financing (use CRE permanent)
Frequently Asked Questions
Ready to start a loan request?
Subject to underwriting, collateral review, borrower qualification, and lender approval. Not a commitment to lend.