Acquisition and Refinance for Commercial Real Estate

With Bridge and Permanent Options for Property Owners

Bridge Financing

Loan Amount $5 Million to $30 Million +
Primary Focus Acquisitions, recapitalization of business plans for
value-add, transitional or stabilized properties where
additional seasoning or flexible prepayment is required
Minimum Debt Yield In-place debt yield of 6.5%
Target minimum exit debt yield of 9%
Collateral First Mortgages
Interest Rates LIBOR +550 with rates starting at 6.00% and up.
Loan Term 1-5 years including extensions
Maximum LTV/LTC Typically 80 to 90% LTC
Recourse Non-recourse, subject to standard carve-out options
Prepayment Open, subject to minimum interest or yield maintenance
Amortization Interest-only
Origination Fees Origination Fees: 1%
Exit Fees: 1%
(Exit fee waived if refinanced with PLUM Permanent )

Customized Lending

PLUM Lending is a full service commercial real estate lender that provides creative structured finance solutions. We specialize in the capitalization of middle-market commercial real estate properties nationwide with a focus on secondary markets.

We provide borrowers with capital through our various direct lending programs.

Properties We Finance

Multifamily Properties
Multifamily
Office Properties
Office
Retail Properties
Retail
Hospital Properties
Hospitality
Industrial Properties
Industrial & Self Storage
Mobile Home Properties
Mobile Home & RV Park

We Simplify the Loan Process

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1. Knowledgeable Consultation

A quick phone call with your dedicated loan originator to go over your specific scenario.

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2. Secure Document Submission

Submit initial required financial documents discussed in the consultation to obtain a loan quote.

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3. Term Sheet Issued

Once documentation is reviewed, you will receive a non-binding term sheet for discussion. PLUM will then issue you an official application on agreed-upon terms.

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4. Loan Application Approved

Your loan passes through underwriting and third-party reports are completed. Once approved, loan documents will be drawn, and your loan moves to closing.

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5. Loan Funded

Congratulations. You can rest easy knowing that you have acquired the right loan for your particular needs.

“ What really impressed me about my experience with PLUM is that this is the first time I’ve felt like a lender was on my side. When I talk to them it’s like I’m talking to someone on my team. They make the customer feel like they win, and I’d love to work with them again. “

RV Park, Montana

I felt such a sense of relief that I was able to get a 20 year fixed-rate loan, as that was really important to me. “

Multifamily Property, California

Contact a Specialist to Get Started

Contact Plum Lending

Or Contact a Specialist Directly

415 230-5600

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