July 28, 2022

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    July 2022: Active condo lenders

    (2022 projected origination volume and preferences) Madison Realty CapitalVolume:$1BOriginated $500M so far this year; $20M-$700M loans for all condos; up to 80% LTC, 70% LTV on condo inventory; rates starting at 5% for inventory loans, 7.5% for construction; 12- to 36-month terms; non-recourse; all major markets   Parkview FinancialVolume:$550MOriginated $320M so far this year; $5M-$300M loans More