PROGRAM & LENDING PARAMETERS
| Loan Amount | $5,000,000 to $300,000,000+ |
| Loan Term | 5, 7, and 10 Year |
| Asset Types | Stabilized retail, industrial, office, hotel, multifamily, mobile home parks, self-storage and student housing |
| Geographic Scope | All of the U.S. |
| Borrowing Entity | Single purpose entity |
| Security | First Mortgage/Mezzanine |
| Loan-to-Value | Up to 75% of appraised value with total leverage up to 85%+ including mezzanine |
| Amortization | Typically 30-year amortization |
| Interest Rate | Fixed Rate; Swap based pricing |
| Prepayment | Defeasance or yield maintenance |
| Recourse | Non-recourse to Key Principals except for customary bad boy carve-outs |
| Loan Amount | $10,000,000 to $100,000,000+ |
| Loan Term | Generally 2 to 3 years plus extensions |
| Asset Types | Stabilized or nearly stabilized retail, industrial, office, hotel, multifamily, mobile home parks, self-storage and student housing |
| Geographic Scope | All of the U.S. |
| Borrowing Entity | Single purpose entity |
| Security | First Mortgage/Mezzanine |
| Loan-to-Value | Up to 75% of appraised value with total leverage up to 85%+ including mezzanine |
| Amortization | Interest only |
| Interest Rate | SOFR based pricing with interest rate cap |
| Prepayment | Freely prepayable after short lockout/yield maintenance period |
| Recourse | Non-recourse to Key Principals except for customary bad boy carve-outs |
| Origination/Exit Fee | Determined on a loan-by-loan basis |
| Loan Amount | $5,000,000+ |
| Debt Structures | Mezzanine Loans, B-notes and preferred equity |
| Asset Types | Conventional CRE asset types across the U.S. |
| LTV | Up to 90% |
| Interest Rates | Competetive pricing over SOFR |
| Term | 3 to 10 years |
| Amortization | Typically Interest Only |
| Loan Amount | $10,000,000 to $100,000,000+ |
| Loan Term | Generally 2 to 3 years plus extensions |
| Asset Types | Stabilized or nearly stabilized retail, industrial, office, hotel, multifamily, mobile home parks, self-storage and student housing |
| Geographic Scope | All of the U.S. |
| Borrowing Entity | Single purpose entity |
| Security | First Mortgage/Mezzanine |
| Loan-to-Value | Up to 75% of appraised value with total leverage up to 85%+ including mezzanine |
| Amortization | Interest only |
| Interest Rate | SOFR based pricing with interest rate cap |
| Prepayment | Freely prepayable after short lockout/yield maintenance period |
| Recourse | Non-recourse to Key Principals except for customary bad boy carve-outs |
| Origination/Exit Fee | Determined on a loan-by-loan basis |
| Loan Amount | $5,000,000+ |
| Debt Structures | Mezzanine Loans, B-notes and preferred equity |
| Asset Types | Conventional CRE asset types across the U.S. |
| LTV | Up to 90% |
| Interest Rates | Typically 5% to 6% |
| Term | 3 to 10 years |
| Amortization | Typically Interest Only |
| Loan Amount | $5,000,000+ |
| Debt Structures | Mezzanine Loans, B-notes and preferred equity |
| Asset Types | Conventional CRE asset types across the U.S. |
| LTV | Up to 90% |
| Interest Rates | Competitive pricing over SOFR |
| Term | 3 to 10 years |
| Amortization | Typically Interest Only |
