Commercial Investment Capital Group, Inc.

Commercial Real Estate Financing - CALL TODAY (614) 636-4844
CMBS
Offering fixed rate and floating rate commercial real estate first mortgages. CICG possesses the size and scale to serve as a one-stop commercial real estate finance firm and seamlessly deliver more complex transactions to its clients with certainty of execution.
Loan Amount: $2,000,000 to $500,000,000
Loan Term: 5, 7, and 10 Year
Asset Types: Multifamily, retail, office,
industrial, hotel, and mobile home parks. Other
asset classes considered on
a case-by-case basis
Security: First mortgage and
Mezzanine
Borrower Entity: Single purpose entity
Loan-to-Value: Up to 75% of appraised
value. Higher leveraged mezzanine transactions
considered on a case-by-
case basis
Minimum DSCR: 1.30x on CICG underwritten
net cash flow.
1.25x for multifamily
Amortization: Generally 30 year
Interest Rate: Competitive swap based
pricing
Origination Fee: Generally par
Exit Fee: None
Reserves: Ongoing TI/LC and CapEx
reserves collected unless
low leverage and strong
sponsor
Underwriting Fee: Generally $7,500
Expense Deposit: Expense deposit adequate
to cover third-party
reports, legal fees, and
other customary costs
Prepayment: Defeasance or yield-
maintenance
Recourse: Non-recourse to Key
Principals except for
customary bad boy carve-
outs
Floating Rate Commercial Mortgages
Loan Amount: $10,000,000 to $75,000,000
Loan Term: Typically 2 to 3 years
Asset Types: Multifamily, retail, office,
industrial, hotel, and
mobile home parks. Other
asset classes considered on
a case-by-case basis
Security: First mortgage
Borrower Entity: Single purpose entity
Loan-to-Value: Up to 75% of appraised
value. Higher leverage and
mezzanine transactions
considered on a case-by-
case basis
Minimum DSCR: To be determined on a
case-by-case basis
Amortization: Interest only
Interest Rate: Competitive LIBOR based
pricing
Origination Fee: Generally 1% of loan
amount
Exit Fee: Generally 1% of loan
amount. May be waived
if refinance through CICG
Reserves: An amount adequate as
determined by borrower
and lender. Future
funding of Reserves may
be available on a case by
case basis
Underwriting Fee: Generally $7,500
Expense Deposit: Expense deposit
adequate to cover third-
party reports,
legal fees, and other
customary costs
Prepayment: Freely prepayable after
short lockout/yield
maintenance period
Recourse: Non-recourse to Key
Principals except for
customary bad boy carve
outs
- Home
- About Us
- Loan Programs
- Hotel Bridge Financing
- CAPEX/FF&E Financing - Hotels
- Residential
- CMBS
- Fannie Mae Small Balance Loan Program
- Freddie Mac Small Balance Loan Program
- Multifamily Properties
- Office Properties
- Special-Use Properties
- Credit Tenant Financing
- SBA 7 (a) Loan Program
- SBA CDC / 504 Loan Program
- USDA (B&I) Program Overview
- Property Types
- Loan Types / Purposes
- Loan Document Checklist
- Local Banking Program
- Regional Banking Program
- HUD / FHA Program
- Insurance Funds Program
- Private Lender Program
- Commercial Real Estate Loan Application
- Contact Us
- Home
- About Us
- Loan Programs
- Hotel Bridge Financing
- CAPEX/FF&E Financing - Hotels
- Residential
- CMBS
- Fannie Mae Small Balance Loan Program
- Freddie Mac Small Balance Loan Program
- Multifamily Properties
- Office Properties
- Special-Use Properties
- Credit Tenant Financing
- SBA 7 (a) Loan Program
- SBA CDC / 504 Loan Program
- USDA (B&I) Program Overview
- Property Types
- Loan Types / Purposes
- Loan Document Checklist
- Local Banking Program
- Regional Banking Program
- HUD / FHA Program
- Insurance Funds Program
- Private Lender Program
- Commercial Real Estate Loan Application
- Contact Us