New York City

Finance Products

 

1st Mortgage and Mezzanine Loans

On transitional commercial real estate assets of all property types

Transaction Size $30,000,000 – $300,000,000+

Rate Floating rate

Term 3 + 1 + 1; longer terms available

Loan to Value 65 - 80% LTV

Fixed Rate Loans

Held on balance sheet and serviced internally by ACORE through maturity – no CMBS - on stabilized, nearly-stabilized and light value-add commercial real estate assets

Transaction Size $20,000,000 - $150,000,000+ for single assets; $30,000,000 - $300,000,000+ for portfolios

Rate Fixed rate

Term 10 years

Loan to Value Up to 80% LTV

Rate lock periods Early rate lock available with a good faith deposit

Future funding Available on a case-by-case basis

Prepayment Yield maintenance, no defeasance or lockout periods

Non-recourse With standard carve-outs

Property types All property types

No CMBS Loans held on balance sheet through maturity

Preferred Equity

Investment Size $10,000,000 – $50,000,000+

Rate Fixed and Floating

Term Generally 3 to 10 years

Percent of Cost Up to 90%

 
Over 55% of our loans have been with repeat ACORE Capital borrowers.1

1 As of June 30, 2019.