March 22, 2022

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    Month of March: Most active condo lenders

    Madison Realty CapitalVolume: $1BOriginated $800M in 2021, originated $200M so far this year; $20M-$700M loans for all classes and condos including boutique buildings; up to 80% LTC, 75% LTV; rates as low as 4.5% for inventory loans, 6.75% for construction; non-recourse; 12- to 36-month terms; all major markets  CIM GroupVolume: $400M$75M-$300M condo construction and inventory More