COMMERCIAL
RATE SHEET 
|
MULTI-FAMILY : |
||||
|
Conventional: "B" |
190-230 |
75% |
1.25 |
30 |
|
Conventional: "C" |
210-230 |
75% |
1.30 |
30 |
|
Rent Subsidized/ |
240-260 |
70% |
1.35 |
25 |
|
RETAIL |
||||
|
Anchored Strip |
225-265 |
75% |
1.25 |
25 |
|
Unanchored Strip |
235-275 |
70% |
1.30 |
25 |
|
Free Standing |
225-265 |
75% |
1.30 |
25 |
|
Community Centers |
225-265 |
70% |
1.30 |
25 |
|
Outlet Centers |
235-275 |
65% |
1.40 |
25 |
|
INDUSTRIAL: |
||||
|
Multi-Tenant |
235-275 |
75% |
1.25 |
25 |
|
Single-Tenant |
245-285 |
75% |
1.25 |
25 |
|
Light Industrial |
255-295 |
70% |
1.25 |
25 |
|
Flex |
275-295 |
70% |
1.35 |
25 |
|
SUBURAN OFFICE |
||||
|
Class "B" |
265-315 |
70% |
1.35 |
25 |
|
Class "C" |
265-315 |
70% |
1.40 |
25 |
|
Hotel: |
||||
|
Flagged, Limited Services |
345-395 |
70% |
1.40 |
20 |
|
HEALTHCARE: |
||||
|
Congregate Care |
240-280 |
75% |
1.30 |
25 |
|
Assisted Living |
255-295 |
70% |
1.35 |
25 |
|
Nursing Homes |
285-325 |
70% |
1.40 |
25 |
|
OTHER: |
||||
|
Investment grade Tenant (i.e., AA-BBB) |
120-190 |
98% |
1.05 |
* |
|
Self Storage |
255-325 |
70% |
1.35 |
25 |
|
Mobile Homes |
220-250 |
75% |
1.25 |
25 |
NOTES
Loan Size: $2 Million-$15 Million
(Smaller or Larger with CHARTER approval)Orig. Fees to Charter Financial 1%
Recourse: Non-Recourse except for standard carve-outs
Assumption: Once during loan term; 1% fee
Subordinated Debt: Under limited circumstances approved by CHARTER
Reserves: 1.25x of deferred maintenance, Insurance/Tax reserves
Age: 1980 Construction or later preferred
Occupancy: Minimum 85%
Underwriting NOI Based on historical operating results & current leases