Debt

Placement

Commercial real estate lending programs tailored to meet the needs of property owners and developers.

Construction

Loans

For real estate developers seeking ground-up construction financing, our lending options are specifically tailored to your needs and credentials as a borrower. Whether your hot button is interest rate, recourse or high leverage we have the solution.

Loan Specs


Banks, Credit Unions


Agency, Life Co. CMBS


Loan Size


$2MM - 100MM+


$5MM - 100MM+


Property Types


Multifamily, Retail, Office, Industrial and Hospitality


All Asset Classes


Location


Typically Major MSAs


Major MSAs, Secondary Markets


Leverage


65-75% LTV, 75-85% LTC


Up to 65% LTV, 75% LTC


Interest Rate


5.5-12% (fixed or floating)


4-5.5% (fixed or floating)


Origination Fee


1-2.5 pts. at close, 0-1 pt. at exit


Typically 1 pt. at close


Recourse


Non-Recourse


Full or Non-Recourse


Prepayment


Flexible


Less Flexible


Loan Term


8 to 36 Months


8 to 36 Months


Amortization


Interest Only


Interest Only


Bridge

Loans

Bridge loans are most commonly provided by debt funds and used for acquisitions for value add properties or refinances for cash out or partner buyout situations. Access to quick capital is often a necessity in order to close a transaction with bridge loans closing in typically 10-45 days.

Loan Specs


Private Debt Funds


Institutional Debt Funds


Property Types


All Asset Classes


Multifamily, Retail, Office, Industrial and Hospitality


Loan Size


$2MM-20MM


$20MM - 100MM+


Location


Major MSAs, Secondary Markets


Major MSAs


Leverage


65-75% LTV, 75-85% LTC


Up to 65% LTV, 75% LTC


Interest Rate


7-12% (fixed or floating)


5.5-7% (floating)


Origination Fee


1-2 pts. at close, 0-1 pt at exit


Typically 1 pt. at close


Loan Term


12 to 36 Months


12 to 36 Months


Amortization


Interest Only


Interest Only


Prepayment


No Prepay Penalty, subject to minimum interest earned


No Prepay Penalty, subject to minimum interest earned


Recourse


Non-recourse subject to standard bad-boy carve outs


Non-recourse subject to standard bad-boy carve outs


Permanent

Loans

Long term commercial mortgages are placed on stabilized commercial properties and typically provided by institutions including Banks, Agency Lenders, Life Companies and CMBS lenders. In determining the best long term financing for your stabilized property, it is important to consider the needs of the project, investors and owners regarding recourse, leverage, amortization and prepayment terms.

Loan Specs


Banks, Credit Unions


Agency, Life Co. CMBS


Loan Size


$2MM - 100MM


$5mm - 100MM+


Property Types


All Asset Classes


Multifamily, Retail, Office, Industrial and Hospitality


Location


Major MSAs, secondary Markets


Major MSAs


Leverage


65-75% LTV, 75-85% LTC


Up to 65% LTV, 75% LTC


Interest Rate


3.5-4.5% (fixed)


2.75-4% (fixed)


Origination Fee


0-1 pt. paid at close


Typically 1 pt. at close


Recourse


Typically Full Recourse


Non-Recourse


Prepayment


Flexible


Step-down or Yield Maintenance


Loan Term


5,7,10 Years


5,7,10 Years


Amortization


Fully amortizing, with an occasional Interest Only period upfront


Fully amortizing, with an occasional Interest Only period upfront


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CONTACT

8400 W. Sunset Road
Suite 300
Las Vegas, Nevada 89121

(702) 381-1272

info@dtpcap.com