top of page
Deal Description
This deal was structured with a top US bank, the deal allowed for an ongoing revolver of $550M for our client to be able to continuously draw on that ran parallel to their second Fund (at the time). The terms of the facility were allowance up to 65% LTV, non-recourse, with fixed rates aqt 2.65%, Full IO periods, 3yr term w/ 1+1 extension options.
Property Location
Nationwide
Quick Stats
Partner Type
Bank
Program Type
Credit Facility
Program details
- LTV: 65%
- Rate: 2.65% (Floating)
- Term- 3+1+1 (Extension)
- IO Period - Full Term
- Non-recourse
bottom of page