Loan programs

Loan Programs

We offer 1st mortgage, mezzanine and bridge loans as single transactions, but as a one-stop shop, our size and scale enable us to deliver combined transactions in a single, seamless process to a borrower.

These criteria are guidelines only; terms and structure are customized on a deal-by-deal basis. Property Types: Office, Hotel, Retail, Industrial, Medical Office Buildings, Multifamily, Mobile Home Parks, Self Storage.

1st Lien Mortgage Loans

Loan Size
$25,000,000  – $500,000,000+


Collateral
First mortgage on Fee or Leasehold Interest


Fixed or Floating
Either


Term
Generally 1 to 10 years (longer terms available)


Loan to Value
Up to 85% LTV (80% with mezzanine debt originated by Starwood)


Interest Rate
L + 3 1/2% – L + 8%


Mezzanine Loans

Loan Size
$5,000,000 – $200,000,000+


Collateral
Up to 100% of the equity ownership interests in the related property Borrower (s). Mezzanine debt is made to an entity
that is the parent of a Borrower(s) of 1st mortgage debt secured by property(s); such parent pledges its entire ownership
interest in the Borrower(s) to secure its debt.


Fixed or Floating
Either


Term
Generally 3 to 10 years (co-terminus with first mortgage)


Loan to Value
Up to 85% LTV


Recourse
Typically non-recourse


Interest Rate
L + 8% – L + 12%