bridge term sheet
DESCRIPTION
Arbor Bridge Loans offer commercial real estate investors the opportunity to leverage short-term financing benefits without compromising their long-term ROI, making your property’s financial transition seamless.TRANSCRIPT
THE ARBOR BRIDGE LOAN
1 .800 .AR BOR.10
WWW.AR BOR.COM
EASE YOUR ASSET’S FINANCIAL TRANSITION
For more information, please contact us at
1.800.ARBOR.10 or [email protected]
or visit us online at www.arbor.com
EASE YOUR ASSET’S FINANCIAL TRANSITION
Send your property on the right investment path with an Arbor Bridge Loan
Arbor Bridge Loans offer commercial real estate investors the opportunity to leverage short-term financing
benefits without compromising their long-term ROI, making your property’s financial transition seamless.
A253
Unique Arbor Advantages
• Fannie Mae, FHA or CMBS loan exit
• Full leverage – up to 80%
• Loan amounts starting at $3 million
• Non-recourse
• Typically interest-only payments
• Prepayment generally permitted
• Other asset classes eligible
Eligible Transactions in Strong Markets
• Traditional acquisitions
• Acquisitions with rehab component
• Acquisitions with nearly completed new construction
• Acquistions out of foreclosure
• Refinances
• Debt buy-backs with fresh equity
• Properties in lease-up
THE ARBOR BRIDGE LOAN
Loan Amount $3,000,000 minimum
Loan Term Generally 1 to 3 years Extension options available
Amortization Determined on a case-by-case basis
Minimum DSCR 1.10 “As Is” 1.20 - 1.25 at exit Lower DSCRs considered if payment supported by pre-funded interest reserves or guarantees
LTV Up to 80%
LTC 80% as measured by new cash equity in the transaction
Interest Rate Floating rate over LIBOR index Spread varies based on risk and terms
Recourse Standard carve-outs
Eligible Property Multifamily, office, retail, industrial, hospitality and student housing projects located in strong markets with positive demographic, population and employment trends
Sponsorship Established track record and verifiable liquidity commensurate with transaction
Security CDO eligible first mortgage lien on subject property with limited recourse
Tax and Insurance Escrows Monthly deposits required
Replacement Reserves Monthly deposits required
Prepayment Generally permitted
GENERAL PARAMETERS