New York City

Finance Products

Expertise and Relationships Refined Over Decades in Commercial Real Estate Markets

 

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 - 85% 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%

 
“Tony, Chris and Eric delivered a seamless financing solution against complicated underlying collateral as the lynchpin of a 4-step financing sequence, against time of the essence contract of sale. Just another day at the office for ACORE.”
Matt Pestronk, President, Post Brothers