Contact Support:   (516) 426-1859

Email:  bbenjamin@dfsfinancial.com

Globix has access to private funds in excess of $1B through network of national and international commercial real estate bridge lenders that enable sit to provide funding to for short term, floating rate loans to middle-market commercial real estate sponsors. The dedicated and customized underwriting of each loan allows utmost flexibility to accommodate equity owners objectives while making sure that all interests are always aligned and the exit strategy is clear.

TERMS:

  • First Trust Deed or Senior Secured Mortgage Finance
  • Loans remain on balance sheet
  • Location: Nationwide
  • Loan Amount: $5MM-$40MM
  • Leverage:
  • Up to 85% LTC on Multifamily
  • 80% on Office / Industrial / Retail
  • 75% on Hospitality
  • Rate: L + 500 to L + 700
  • Term: 2-5 years
  • Yield Maintenance: 12-24 months
  • Step Down Pre-payment options available
  • Origination: 1% at close, 1%-2.5% upon exit
  • Non-Recourse with standard Bad Boy Carve Outs¿
  • Sub 1.0 DSCR accepted, min Debt Yield not required
  • Time to close as short as 21 days from application