CMBS Non Recourse Mortgages, Up to 30 years terms,Fixed and Floating Rate Programs

1. CMBS Programs
Loan Amounts: $5,000,000 to $250,000,000.00
Loan Terms: up to 5, 7 and 10 years
Loan Amortizations: 25/30 years
Loan Type: Fixed or Floating
Locations: US
Property Types: Stabilized Office, Retail, Industrial, Multi- Family, Hospitality, Self-
Storage, Mobil Home Parks
Minimum DSCR: 1.25x
Maximum LTV: up to 80%
Reserves: Tax, Insurance and Replacement Reserves Required
Recourse: Non-recourse except stands carve-outs
Prepayment: Permitted after a typical lock out period
Assumability: Permitted subject to lenders approval
Security: first-lien mortgage
Sponsor/Borrower: Creditworthy individual(s) or entity acceptable to lender with
sufficient liquidity and net worth
Borrowing Entity: Single-asset or special purpose entity required
Jack Miller
215-947-2974 ext 238
JackMiller@GeltFinancial.com
These are general guidelines, actual deal terms are at underwriter’s sole discretion.