ReedsBay understands the needs of entrepreneurial sponsors and their business plans. We commit to providing structuring flexibility, execution certainty, and early access to decision-makers.
| Property Types | • All major property types considered • Primary: Multifamily, Mixed-Use, and Office (select situations) |
| Loan Size: | • $1-15 million (larger loan sizes considered on a case-by-case basis) |
| Leverage: |
• Up to 85% (additional proceeds available in select situations) |
| Use: (All include an option for future funded TI/LC and CapEx facility) |
• Acquisitions • Developments • Repositionings • Recapitalizations • Note Financings • Special Situations |
| Available Structures: |
• Senior Secured Loans • B-Notes • Mezzanine Debt • Preferred Equity |
| Geography: |
• Domestic growth markets and locations with identifiable demand drivers and inventory supply constraints |
| Pricing: |
• Variable: Starting at LIBOR + 700 bps with a risk-based floor • Fixed: Starting at 8.0% • Interest-only • Market competitive origination, exit, and extension fees adjusted to loan size, timing, and complexity |
| Term: |
• 6 months. to 3 years with extension option available • Prepayment available, subject to fees and/or minimum return requirements |
| Recourse: |
• Non-recourse, except for standard carve-outs & carry/completion guarantees |