Property types.

  • Office
    • Quality properties
    • Well established CBD and suburban locations
    • Functional buildings with modern mechanical and life-safety systems
    • Adequate parking ratios
     
  • Industrial
    • Single or multi-tenant institutional-quality warehouse/distribution buildings
    • Locations in primary industrial markets with access to distribution systems
    • Functional buildings and site design with up-to-date building/mechanical systems
    • Modern truck accommodations—parking ratios, truck courts, turning radius
    • Large cross-collateralized pools are a specialty
     
  • Multi-family
    • Well-located properties in established apartment markets near employment centers
    • Functional site and floor plans/unit design and features
    • High quality amenities (i.e. leasing office, club house, pools, spas, recreational facilities)
    • Adequate covered and surface parking for tenants
    • Stabilized or in lease-up
     
  • Retail
    • High-quality neighborhood, community shopping centers and dominant regional malls
    • Strong retail trade areas with good demographic characteristics and high traffic counts
    • Appropriate mix of credit/major tenants
    • Appropriate ratio of anchor/local shop space
    • Strong historic tenant sales performance with viable occupancy costs
    • Adequate parking ratios and convenient ingress and egress
     
  • Ground leased land
    • Improved, infill locations
    • Location and improvements must have intrinsiclong term value
    • Capital available for acquisition or financing
    • Location and improvements must have long term value
    • Loan terms of 10 to 30 years or more
    • Loan payments can be stepped to maximize proceeds for a ground lease that steps
     
  • Credit Lease Transactions
    • Strong tenants with long term NNN leases
    • Self-amortizing or longer amortization schedules as warranted
    • LTV as high as 90%
    • DCR as low as 1.01x