STRUCTURE Preferred and Mezzanine Structured Behind Senior Lenders: Freddie / FNMA / Bank Debt / Debt Funds / Life Co. One-Stop Capital Solution

Equity Whole Loans

LOAN SIZE $4mm to $100 mm $30mm to +$100 mm

STRUCTURE Preferred and Mezzanine Structured Behind Senior Lenders:

Freddie / FNMA / Bank Debt / Debt Funds / Life Co. One-Stop Capital Solution

LTV Up to 85%; Higher Leverage Selectively Considered

FINANCING PURPOSES Acquisitions, Refinancing, Value-Add, Restructuring, Lease-Up, and Construction Completion

LOAN TYPE Fixed Rate and Floating Rate

INTEREST RATE Interest Only: Partial Current Pay + Deferred

INVESTMENT TERM Typically, Three To Five Years (other durations considered)

RECOURSE Non-Recourse (save for carve-outs)

LOAN FEES 1.0% of Funded Amount

(negotiable, depending on deal size)

FUTURE FUNDING Future Advances to Support Capital Budget Programs Available

PREPAYMENT Prepayable Any Time (minimum interest may apply)

TARGET VINTAGE 1980 or Newer

DSCR REQUIREMENTS No Minimums (do not need 1.0x at initiation)

PROPERTY TYPES Multifamily, BTR / SFR, Active Adult 55+, and Select Other