To send us a deal please contact: pipeline@krisscapital.com or call +1 917 246 4846
| Construction | Bridge | |
|---|---|---|
| Property Type |
Residential (Multifamily, Condo, and SFR Portfolios)
Mixed Use Residential with Hotel, Office, Retail, and Other Asset Types |
|
| Project / Strategy | Ground-Up Conversion Land / Predevelopment |
Construction Completion Lease-Up Inventory |
| Geography | Primary Markets: NY, NJ, CT, PA, FL, and TX Open to Top 50 MSAs, Major Resort/Second-Home Markets, and Major College Towns. Other compelling markets considered case-by-case. |
|
| Loan Sizes |
$30MM - $300MM+ |
$20MM - $300MM+ |
| Pricing |
Starting at 5.50% + 1-Month Term SOFR | Starting at 5.00% + 1-Month Term SOFR |
| Term | 12 Months to 30 Months Plus Extension Options | |
| LTC |
Up to 80% | |
| LTV |
Up to 70% | |
| Fees |
Generally 1-2% of the Loan Amount | |
| Collateral |
First mortgage plus a pledge of membership interests. No stand-alone subordinate debt. |
|