Here's some DD I dug up last night. Kind of a long post here, but I think you'll want to see it: The CRE lending programs include interest only rates or accrual and amortization schedules ranging from variable interest rates to full amortization. Our financing can be used by owner/operators of real estate (i) to complete new acquisitions or developments; (ii) to recapitalize existing assets; (iii) to repurchase existing debt from current lenders; (iv) to acquire existing performing/non-performing mortgages; (v) to acquire certain equity interests of limited partners in existing partnerships; (vi) to complete construction on commercial projects which are positioned to produce income within a reasonable period of time; and (vii) to fund plans of reorganization or debtor in possession loans in the context of bankruptcy filings.
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