Other Types of Property Financing:

Loan Amounts from: $1,000,000 - $100,000,000

                                

AARCS provides conventional lending all over Nationwide on loan requests for special purpose property's financing. AARCS will work with you to provide the right loan structure for your special purpose property's financing whether it is a purchase, refinance, or construction. We have financed special purpose property's financing that are being leased up, are already fully leased, or have yet to start construction.

We specialize in providing permanent financing for special purpose property's financing. AARCS can provide you with either fixed or adjustable rate options depending on your need. If you are purchasing a special purpose property's financing that is struggling and needs to be turned around AARCS can offer you a loan based off future projections.

This loan is typically amortized over 25 years with a term of 5 years. This gives you the time to turn your property around and then finance it with a longer term fixed rate mortgage

Please review our financing options below:

Special-Purpose Properties:

Property Types:

Mixed-Use Projects / Car Wash / Gas Station / Truck Stop / Convenience Store / Restaurant / Daycare/ Auto Dealerships / Marinas / Parking Garages / Golf Course / Stadium / Church / Temple

Loan Amounts:

$1M - $100M

Loan Type:

Acquisition, Refinancing, Construction, Bridge, Mezzanine

Terms:

Adjustable 2, 5, 10, 20 or 25 years

Amortization:

15 - 25 Years

Minimum DSCR:

1.25% - Acquisition / 1.50%- Refinance

Maximum LTV:

80% - 85%; Seller Carry Back Allow

Rate Index:

Treasury Rate / Prime Rate / Libor Rate / FHLB Rate / Swap Rate

Margin:

50 - 400 basis points

Geographic Location:

Nationwide

Closing:

Borrowing Entity - Single Purpose Entity not required
Prepayment - Declining fixed
Assumption- Allowed
Escrows- None

Third Party Reports:

MAI Appraisal / Property Condition Reports
Phase I Environmental / Title / Survey

Application Fee:

None to AARCS; Varies by Lenders

Funding:

45 - 90 days from complete due diligence package