CRE Financing

Normalize each quote to an all-in rate and effective rate including amortized fees, then compute total cost of capital over the hold period. The quote comparator scores options on rate (30%), leverage (20%), flexibility, execution certainty, prepayment terms, and timeline.

Stabilized properties with 90%+ occupancy typically qualify for Agency debt (Fannie Mae DUS, Freddie Mac Optigo) at up to 75-80% LTV, CMBS for larger loans, and Life Company debt for low-leverage long-term holds. The lender outreach skill maps your deal profile to each category.

Agency lenders typically require a minimum 1.25x DSCR (1.20x for affordable or green programs) and a 7-8% debt yield. Borrowers also need net worth equal to the loan amount and 9-12 months of debt service in post-closing liquidity.

Yes. Properties below 90% occupancy or with renovation budgets are routed to Bridge and Debt Fund lenders offering 70-80% LTV interest-only loans with renovation holdbacks and interest reserves, with an exit strategy to permanent Agency or CMBS financing.

The skills apply conservative defaults (e.g., $250-350/unit/year reserves, 2-3% NOI growth) and flag every assumption in uncertainty_flags with a LOW confidence rating. Analysis continues rather than halting, and the overall confidence score is reduced accordingly.

The term sheet is a draft for internal use, not a binding commitment — final terms depend on lender underwriting, appraisal, and approval. Outputs enforce thresholds like 75% max LTV and 1.25x minimum DSCR, flagging breaches for manual review.