BRIDGE SENIOR SUMMARY 

MTY Capital, Inc. offer specialized financing products for owners, brokers, and investors and structured solutions for all types of value-add and transitional commercial properties. We service our loans in-house and we can quickly adapt to changes in your business plan, which is critical for value-add and re-positioning properties.

TARGET MARKETS:

Primary and secondary U.S. markets

PROPERTY TYPES:

Multi-tenant office, retail, industrial, multi-family (no development or land),         student housing and flagged hospitality (in select markets), self-storage,    assisted living and manufactured housing

LOAN TYPE:

Floating (LIBOR based)

LOAN TO VALUE / LOAN TO COST:

Up to 80%

INTEREST RATE:

4.5 – 6% (based on risk, structure and transaction profile)

PREPAYMENT:

None

LOAN SIZES:

$20,000,000 – $200,000,000

ORIGINATION FEE:

Par

EXIT FEE:

Generally 1% of the Loan Amount. May be waived if the Loan is refinanced by Lender.

DSCR REQUIREMENT:

1% of loan amount

RECOURSE:

Typically non-recourse, with standard carve outs

LOAN TERM:

24 to 36 months with options up Five years.

AMORTIZATION:

Interest Only

TURN AROUND TIME:

Preliminary terms within 48 hours of submittal of information. An application can                                                                                                                     be issued within 7 days of approval of preliminary terms.

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