Issuu on Google+

THE ARBOR BRIDGE LOAN EASE YOUR ASSET’S FINANCIAL TRANSITION

1.800.ARBOR.10 WWW. AR B O R. C O M


THE ARBOR BRIDGE LOAN 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. Unique Arbor Advantages

Eligible Transactions in Strong Markets

• 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

• 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

GENERAL PARAMETERS Loan Amount

Recourse

Loan Term

Eligible Property

$3,000,000 minimum

Standard carve-outs

Generally 1 to 3 years Extension options available Determined on a case-by-case basis

Multifamily, office, retail, industrial, hospitality and student housing projects located in strong markets with positive demographic, population and employment trends

Minimum DSCR

Sponsorship

Amortization

1.10 “As Is” 1.20 - 1.25 at exit Lower DSCRs considered if payment supported by pre-funded interest reserves or guarantees

LTV

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

Up to 80%

Monthly deposits required

LTC

80% as measured by new cash equity in the transaction

Replacement Reserves

Interest Rate

Prepayment

Floating rate over LIBOR index Spread varies based on risk and terms

Monthly deposits required Generally permitted

For more information, please contact us at 1.800.ARBOR.10 or moreinfo@arbor.com or visit us online at www.arbor.com

A253


Bridge Term Sheet