Structured Lending guidelines.

  • Bridge loans.
    • For active repositioning via lease up or renovation
    • Business plan to be accomplished with 3 years
    • Institutional quality properties, locations and sponsors
    • LTC 80% or less
    • Bridge to permanent loans available
    • Earnouts via additional funding or rate reductions
    • Fixed rate base loan with floating rate future funding options
  • Construction to permanent loans.
    • Longer term fixed rate financing, 7 to 10 year+ terms
    • Institutional quality property, location and sponsorship required
    • Loan structure will vary depending on project
  • Subordinated Debt.
    • Institutional quality property, location and sponsorship required
    • Leverage up to 85% LTV
    • Combined mortgage and mezzanine facilities
  • Co-Lending on Senior Debt.
    • Bank participations with bank and non-bank lenders
    • Lending alongside CMBS
    • Must have joint or sole control over major decisions
  • Loans to a Trust.
    • Financing available to Trusts that hold real estate debt
    • Single or multiple assets
    • All senior debt or a mix of senior and subordinated debt
    • Mortgages, mezzanine, CMBS or REIT debt
    • Fixed or floating rate
    • Static pools or pools changeable with lender approval
NYL Investors contacts.

Richard M. Walsh, Managing Director
Head of Structured Lending Platform

Timothy M. Monroe, Senior Director
Head of Originations

John Lippmann, Senior Director
Head of Structuring

*These guidelines are representative and not an offer.