The U.S. Real Estate Lending platform has over 40 years of debt experience in the U.S. market via the Sun Life debt platform, which was integrated into BentallGreenOak in 2020. The U.S. Real Estate Lending team consists of approximately 16 professionals averaging over 18 years of experience. The team has a disciplined and systematic approach to underwriting, risk management and servicing developed by a management team that has navigated several downturns. The platform utilizes an in-house asset management team and, depending on the program, sources mortgages both direct and through a correspondent network that spans over 35 markets.

Core Senior Mortgage Lending Program

$5M - $50M (USD) • 5 - 25 years

The U.S. Core Senior Mortgage Lending Program originates primarily investment-grade equivalent commercial mortgage whole loans. These are fixed-rate, first mortgage loans, secured by high-quality, income-producing office, retail, industrial and multi-family properties, located in core U.S. markets and sponsored by financially strong and experienced commercial real estate investors and operators.

Loan Size: $5M - $50M (USD)
Property Types: Core property types, with a focus on multi-family and industrial
Location: Primary and secondary markets across the U.S.
LTV: Up to 75%
Term: 5 years to 25 years
Loan type: Non-recourse, fixed rate, amortizing, yield maintenance, up to 60-day rate lock

Contact:

The Core Lending Program sources U.S. mortgages through correspondents with local representation in over 35 markets. For assistance in identifying your local correspondent call or email:
Loans@bentallgreenoak.com
+1 212 359 7851

Core Plus Senior Mortgage Lending Program

$20M - $40M (USD) • 3 - 7 years

The U.S. Core Plus Senior Mortgage Lending Program originates mortgage whole loans secured by properties with light to moderate transitional credit profiles. These are floating-rate, pre-payable first mortgage loans that often incorporate future funding for capital expenditures, lease-up costs, etc.

Loan Size: $20M - $40M (USD)
Property Types: Primarily multi-family, office (including medical), and industrial. The Program may also finance retail and hospitality assets on a selective basis.
Location: Major markets across the U.S.
LTV: Up to 75%
Term: 3 years to 7 years
Loan type: Non-recourse, floating rate, interest-only with limited repay restrictions
Customization: Future funding of capital costs, partial collateral releases, etc.

Contact:

The Core Lending Program sources U.S. mortgages through correspondents with local representation in over 35 markets. For assistance in identifying your local correspondent call or email:
Loans@bentallgreenoak.com
+1 212 359 7851

Small Loan Mortgage Lending Program

$1M - $8M (USD) • 10 - 25 years

The U.S. Small Loan Mortgage Lending Program originates mortgage whole loans targeting the $1 million to $8 million (USD) loan size (up to $15 million (USD) maximum). These are fixed-rate, first mortgage loans, secured by high-quality, income-producing office, industrial and multi-family properties located in the U.S. MSA’s with 250,000+ population and sponsored by financially strong and experienced commercial real estate investors and operators.

Loan Size: $1M - $8M (USD), $15M (USD) maximum
Property Types: Multi-family, office, industrial, and other (excluding retail)
Location: MSAs with 250,000+ across the U.S.
LTV: Up to 65%
Term: 10 years to 25 years
Loan type: Generally non-recourse (recource may be required in certain situations), 20 year or shorter amortization (25 years max), flexible repay, up to 60-day rate lock

Contact:

The Core Lending Program sources U.S. mortgages through correspondents with local representation in over 35 markets. For assistance in identifying your local correspondent call or email:
Loans@bentallgreenoak.com
+1 212 359 7851

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