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Commercial Mortgage Loans |
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| Why Choose Capital Assets,Inc |
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| Capital Assets,Inc has the knowledge,
expertise and strategic relationships required to
provide you with the most competitive rates and terms
for your commercial property loan. |
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Multiple commercial financing options
- Competitive interest rates, terms and costs
- Knowledgeable and seasoned commercial mortgage
specialists
- Certainty of execution
- Convenient electronic loan process saves you
time and money
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| Request a Quote Today! |
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| Provide some basic information
about the property and commercial real estate financing you’re
seeking and we will provide a no cost no obligation
quote. |
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Security and privacy protected
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No social security number required
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No credit inquiry
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No cost or obligation
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| Commercial Learning Center |
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Home >
Commercial Loan Center Refinance or Purchase |
Mezzanine Apartment Loans Overview
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Capital Assets, Inc Mezzanine
Apartment Loan program
provides higher leverage
apartment financing by
combining a
conventional
senior A
Note with a
Mezzanine B Note to provide
up to 85%-90% combined
loan-to-value (CLTV). Both
products are underwritten
and closed together.
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Mezzanine apartment financing simplified with one
source, one underwriting and one set of documents.
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No pledge of ownership required (mezzanine debt not
equity based platform).
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Larger loan sizes and easier qualifying with
combined DSCR of 1.05-1.07.
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Senior A Note retains standard program integrity.
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Mezzanine Financing for Apartment Buildings Guidelines
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Senior A Note up to 80% LTV
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Combined DSCR of 1.05-1.07
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A Note 360 month amortization
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A Note YM or defeasance prepay
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1-4% origination fee on B Note
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Mezzanine B Note to 85%-90% CLTV
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5 / 7 / 10 year fixed rate terms
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B Note term coterminous with A Note
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B Note yield maintenance prepay
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B Note may be retired independently
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What You Need to Know
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Capital Assets, Inc Mezzanine Apartment
Financing program parameters are standard but are
subject to change
based on borrower financial condition, property
constraints and economic conditions.
Advantages
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Up to 90% leverage
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Low combined DSCR requirements
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A and B Notes have coterminous terms
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A and B Notes jointly underwritten and closed saves
time and money
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Constraints
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Mezzanine debt is expensive
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Larger loan sizes required
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Major markets preferred
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Minimum liquidity, net worth and experience requirements
for sponsorship
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Capital Assets, Inc relies on our more
than two decades of experience to help our borrowers
make the right decisions.
View all
of our commercial mortgage programs online, or
contact a commercial mortgage professional to learn more
about the commercial loan and apartment loan programs
available in your area.
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