Company Profile - Citi Group Commerical Real Estate Finance (edit)
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| Most recent Comments - Citi Group Commerical Real Estate Finance | ||
|---|---|---|
| Date | Deal | Comment |
| 08/11/2022 | North Run Business Park | • $43.75 million loan amount • 10 year term • 30 year amortization • Rate = 10 year SOFR swap rate + 2.85% (5.40% rate today) • 65% Max LTV • 9.0% Min DY • $750k held back for TI/LC • TI/LC reserve replenished at $1.00 psf per annum once the reserve drops below $250k • 1.20x ongoing DSCR trigger -- pwitham |
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