

Multifamily Centric Direct Lending Nationwide Sponsored by TOPAZ


Quick. Flexible. Executable.
Loan Amount
$1,000,000 – $15,000,000 +
Collateral
First Mortgage, or Deed of Trust, or Note Hypothecation for
Note-on-Note Financing
Asset Types
Multifamily, Mixed-Use, Special Purpose*
Purpose
Acquisition, Refinance, Development, Repositioning, Renovation*
Status
Stabilized, Transitional, Distressed
Term
6 – 18 Months initial term
(3 year maximum,
including extensions)
Loan to Value
Up to 75% Loan to Capitalization / 95% Loan to Purchase Price*
Amortization
Interest Only
Rates
Negotiable, 8.5% – 12%
Fees
1% – 3%
Closing
5 – 10 Days from Application
Prepayment
Minimal Prepayment Penalty
Recourse
Non-recourse, other than standard “bad boy acts” or Recourse structure for higher risk transactions
Direct Lending Process
- Loan is submitted to TDL for consideration
- Loan is underwritten to ensure credit worthiness
- Viable exit strategy is identified
- TDL approves loan and circulates it to investors
- Appraisal and Phase I ordered, if required
- An efficient closing process is ensured by TDL
- Closing documents are recorded and stored
- Mortgage payments are collected and investor returns are disbursed monthly
- Borrower’s exit strategy is periodically monitored going forward
TOPAZ Direct Lending Flyer
Topaz Direct Lending*, (TDL) is a direct real estate-backed investment platform focused on originating 1st position bridge loans to professional real estate investors in the multifamily and mixed use space.
Learn More
Contact TOPAZ Direct Lending at Loans@TopazCG.com for more information.
*All brokers and services are protected.