Our Lending Criteria

To send us a deal please contact: newdeals@krisscapital.com or call +1 917 246 4846


	Construction / Value Creation	Value Realization
Property Types:	Kriss Capital is a pure play on residential lending; we invest in multifamily, condo, hotel/office conversion-to-residential, build-for-rent, & entitled land. We offer construction/value creation financing, as well as value realization financing (bridge to leaseup and condo inventory).
Pricing (Spread over 1-Month Term SOFR):	6.0% - 8.5%	4.0% - 6.0%
Strategies:	Construction Financing Condo inventory / Recap (higher leverage) Land + A-notes on note purchases	Bridge-to-Lease-up Condo inventory / Recap (lower leverage) A-Note Loans on first mortgages
Loan Sizes:	$30M - $200M+	$15M - $200M
Term:	12 - 30 Months + Extension Options	12 - 30 Months + Extension Options
Debt Yield:	7.5%+ DY	7.5%+ DY
Loan-To-Cost:	<75% LTC	More sensitive to LTV than LTC
Loan-To-Value:	65% LTV	65% LTV
Fees:	Origination: 1.0% Exit: 0.5% - 1.0%	Origination: 1.0% Exit: 0.5% - 1.0%
Geographic Regions:	Primary Focus: NY, NJ, CT, PA, FL, and TX. Secondary Focus: Major markets across the Eastern US on a case-by-case basis

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