Debt Tear Sheet
Diamond Capital provides loans ranging from $1 million to $20 million
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Property Types Condo, Multifamily, Mixed Use, Commercial and Industrial
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Loan Type Bridge, Construction, Acquisition, Condo Inventory, Value-Add
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Lien Position First Lien
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Loan Amount $1M-$20M
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Loan Term Up to 24 Months
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Interest Rate Starting at SOFR + 6.00%, with an option for Fixed Rate
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Origination Fee 1%-3%
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Exit Fee 0%-1%
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Amortization Interest Only
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Loan-To-Cost Up to 80%
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Loan-To-Value Up to 75%
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Repayment No Prepayment Penalty
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Term Sheet Within 3 Business Days of Application
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Closing Time Frame 1 to 3 Weeks
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Location East Coast