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Shopping Centers

Commercial Institutional Financing & Funding plus Hard Private Money Bridge Loans.

bulletRETAIL CENTER PROGRAM: ($550,000 to $15,000,000+)
 
bulletPROPERTY TYPE: Retail and community shopping centers and regional malls)
 
bulletLOAN LIMITS: The loan to value ratio may not exceed 65%
 
bulletDEBT SERVICE COVERAGE: Minimum of 1.30%.
 
bulletOCCUPANCY: The center should be leased to a stabilized operating level.
 
bulletBORROWING ENTITY: Generally, a single purpose entity is required.
 
bulletLOAN TERM
 
bulletAMORTIZATION: No
 
bulletRATES: Interest ONLY rates. 
 
bulletRECOURSE: Yes 
bullet  

© 1997 Met Mortgage Corp. 

Commercial Institutional Financing through out the US. Private Funding Hard Money, Apartments, Bridge Loans, Equipment, Office, Retail, Self Storage, Health, Hotel/ Motel, Industrial & Mixed-Use. Note and Mortgaging Purchasing.
 

Property Criteria
LTV's, Rates, Terms
Apartments
Bridge Loans
Equipment
Factories
Health Care
Mixed-Use
Office Buildings
Shopping Centers
Self Storage

    Met Mortgage 501 56th Street West New York, NJ O7093   <201-866-4800>    Fax: 201-661-2806