Lending Criteria
American Real Estate Capital (AREC) provides bridge and permanent financing on commercial real estate throughout the United States. AREC operates as the commercial real estate loan origination platform for the insurance subsidiaries of American Financial Group (NYSE: AFG). AFG is a $60 billion dollar holding company based in Cincinnati, Ohio, whose primary business is insurance and investments.
PROPERTY TYPES
- Multifamily
- Hospitality
- Marinas
- Office (Medical office included)
- Single Tenant
- Anchored Retail (Unanchored retail on case-by-case basis)
- Industrial
- Self-Storage
- Parking Garage (including surface lots)
- Mobile Home Parks
- Land
- Specialty Property Types
LOAN TERM
2 to 10 years (Options available)
TARGET LOAN AMOUNT
$10 million to $75 million
TARGET MARKETS
Primary, secondary & tertiary markets within the United States
LOAN-TO-VALUE
Maximum 75% LTV
AMORTIZATION
25 – 30 Years (Interest only available)
RECOURSE
Non-recourse
PREPAYMENT
Flexible
RESERVES
Taxes, Insurance, Replacement Reserves
LOAN SERVICING
American Real Estate Capital services its loan portfolio
The criteria above is our general lending parameters. Please click the button below to contact one of our lending professionals for more information: