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Terrace Capital (TC) is a direct lender and asset manager of Private Funds which lend on or invest in commercial real estate.
TC is a leader in providing conventional commercial mortgages loans and hard money bridge loans for various types of commercial real estate transactions. |
Conventional Financing available at Terrace Capital, Inc.
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Terrace Capital, Inc. has recently restarted its conventional loan program, which now includes high quality hotel properties. Highlights are as follows: |
- Up to 70% Loan to Values
- First Mortgages Only
- Loan Amounts: $3-$30MM
- Up to 15 year Terms
- Up to 30 year Amortization periods
- Rates: 6.75% -7.25%
- No Prepayment Penalties
- No Lockout Periods
- Property Types: Multifamily, Office, Industrial, Retail Self Storage and Hotel (Income producing only)
- Origination Fees: 1% and up.
- Geography: NY, NJ, PA, DE, VA, DC, MD
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Contact:
John Dragone Managing Director
Direct Phone: 212-671-1031 Fax: 212-993-6015
Email: jdragone@terracecapital.com | |
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