May 5, 2022

Daily Archives

More stories

  • in ,

    Month of April: Most active construction lenders

    (2022 projected origination volume and preferences) Romspen$1.5BOriginated $200M so far this year; $10M-$160M loans for all property types; up to 75%-80% LTC, lower for hotels and healthcare; rates typically between 10% and 12%; term determined by the scope of the project, typically up to 36 months; some recourse generally required, completion and cost overrun guarantees; More