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 Intervest>Lending Services
INTERVEST-Mortgage Investment Company provides flexible solutions for financing owner-occupied and income-producing properties. Services include:
Target loan sizes: $1,000,000 to $50,000,000
Loan Structures
- Construction loans
- Permanent fixed rate loans from life companies
- Permanent fixed rate loans from conduits
- Bridge loans
- Acquisition loans
- Renovation or repositioning loans
- Fixed rate terms available (5 to 30 years)
- Fixed rate fully amortizing loans providing a free and clear property at the end of the term (10 to 20 years)
- Adjustable (floating) rate with LIBOR or Prime index, as available (1 to 10 years)
Loan Features
- Primary and secondary market locations
- Older properties
- Loan term beyond lease term
- Extremely competitive on low LTV loans
- Loan proceeds up to 80% loan to value
- 1031 specialists - timing and structure
- 30-day closing available
- Forward rate lock (24+ months)
- Holdback structure for full proceeds for unstabilized properties with operational or occupancy challenges
- Float to fixed rate, convertible at borrower's option
- Fixed prepayment versus yield maintenance or defeasance
Property Types
- Apartments and mobile home parks
- Retail - anchored and unanchored
- Industrial, warehouse, flex-tech and R&D
- Office - CBD and suburban
- Residential condominium
- Single tenant
- Owner / User
- Hotel
- Self-storage
- Student housing
- Mixed-use properties
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