NHCM provides financing for all asset types.
Typical terms are as follows:
Category | Interest Rate | Maximum LTV | Term |
---|---|---|---|
Multifamily – Stable & Cash Flowing | 7-9% | 75% | 12 to 24 months |
Multifamily – Less Stable & Lower Quality | 9-12% | 70% | 12 to 24 months |
Office, Hotel, Retail, Industrial | 9-12% | 70% | 12 to 24 months |
Note Purchases – All Asset types | >10% | 70% | 12 to 24 months |
New York City/ Tri-State: | |||
A-Quality or Cash Flowing | <10% | 75% | 12 to 24 months |
No Cash Flow | >10% | 70% | 12 to 24 months |
Construction/Project Completion | 10-15% | 70% | 12 to 24 months |