North Run Business Park

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Date06/14/2022
Greenwich Coverage
E-teaser Status
CA Status
IOM Status
Term Sheet Status
Categories
  • Term Sheets Received
  • Executed Confidentiality Agreement Received
  • Detailed Discussions
  • Initial Discussions
  • Groups that have Passed
  • Uncategorized
Investment Criteria
Status for Deal Tracking Report (Most Recent Comment - Custom Comment )
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DEAL TRACKING COMMENTS
DateComment
07/28/2022-Loan Amount: $39,350,000 -Rate: 6.66% (Swaps+3.89%) Fixed -LTV: 60% Max -LTC: 60% Max -Debt Yield: 9.20% Min -DSC: 1.20x to 1.0 Min -Term: 10 years -Interest-Only Period: 10 years (up to 20% of UPB may be paid down in any consecutive 12-month period after loan closing) -Amort: 30 years (for sizing and DSC purposes only) -Rollover escrows: TBD -Prepayment Penalty: 10%-1% stepped down -Fee: Par -Recourse: Non-recourse with standard carve-outs -- pwitham