Terrace Capital : Real estate investment banking services


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Commercial Lending
Property Types: Office/ Industrial/ Retail / Self- Storage
Loan Amounts: $1MM - $5MM 
Terms: 2-10 Years
Amortization: 15-30 Years
Minimum DSCR: 1.25X
Maximum LTV: 75%
Recourse: Subject to asset quality
Rate Benchmark: SWAP Rate
Margin: 200bps and up
Geographic Location: Nationwide
Prepayment: Flexible structures available
Closing: Borrowing Entity - Single Purpose Entity
Escrows- Taxes & Insurance required
Third Party Reports: PCA- Property Condition Report
Phase I - Environmental Survey
MAI Appraisal
Application Fee: None
Funding: 45 days from complete due diligence package




 

 

 

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