Bridge Term Sheet

THE ARBOR BRIDGE LOAN

1 .800 .AR BOR.10

WWW.AR BOR.COM

EASE YOUR ASSET’S FINANCIAL TRANSITION

For more information, please contact us at

1.800.ARBOR.10 or [email protected]

or visit us online at www.arbor.com

EASE YOUR ASSET’S FINANCIAL TRANSITION

Send your property on the right investment path with an Arbor Bridge Loan

Arbor Bridge Loans offer commercial real estate investors the opportunity to leverage short-term financing

benefits without compromising their long-term ROI, making your property’s financial transition seamless.

A253

Unique Arbor Advantages

• Fannie Mae, FHA or CMBS loan exit

• Full leverage – up to 80%

• Loan amounts starting at $3 million

• Non-recourse

• Typically interest-only payments

• Prepayment generally permitted

• Other asset classes eligible

Eligible Transactions in Strong Markets

• Traditional acquisitions

• Acquisitions with rehab component

• Acquisitions with nearly completed new construction

• Acquistions out of foreclosure

• Refinances

• Debt buy-backs with fresh equity

• Properties in lease-up

THE ARBOR BRIDGE LOAN

Loan Amount $3,000,000 minimum

Loan Term Generally 1 to 3 years Extension options available

Amortization Determined on a case-by-case basis

Minimum DSCR 1.10 “As Is” 1.20 - 1.25 at exit Lower DSCRs considered if payment supported by pre-funded interest reserves or guarantees

LTV Up to 80%

LTC 80% as measured by new cash equity in the transaction

Interest Rate Floating rate over LIBOR index Spread varies based on risk and terms

Recourse Standard carve-outs

Eligible Property Multifamily, office, retail, industrial, hospitality and student housing projects located in strong markets with positive demographic, population and employment trends

Sponsorship Established track record and verifiable liquidity commensurate with transaction

Security CDO eligible first mortgage lien on subject property with limited recourse

Tax and Insurance Escrows Monthly deposits required

Replacement Reserves Monthly deposits required

Prepayment Generally permitted

GENERAL PARAMETERS

Bridge Term Sheet

Documents

Transcript of Bridge Term Sheet