Trinity Street Capital Partners (TSCP) offers permanent loans on commercial and residential properties with loan amounts from $5MM to $150MM.

Property types including the following; multifamily, student housing, senior housing, manufactured housing, office, retail, industrial, self storage and hospitality.

The permanent loan program generally assumes the property is stabilized or near-stabilized, allows for cash out and full term interest only (IO) options are available.

Our permanent loans are assumable, generally underwritten to financial statements, not tax returns and are non-recourse.  Closing can occur in as quick as 30 days.

 

 

Loan Amount:
$5MM and up

Early Rate-Lock:
Subject to transaction quality

Loan Term:
5- 15 years

Property Types:
Commercial and residential

Lien Type:
First Mortgage/ Deed of trust

Loan-to-Value:
Up to 75% of appraised value

Interest Rates:
Corresponding US Treasury + 150bps and greater

Amortization:
Interest only to 30 years

DSCR:
Minimum of 1.20x

Origination fee:
Subject to transaction quality

Exit Fee:
None

Prepayment:
Step-down, Yield Maintenance or Defeasance

Recourse:
Non-recourse, subject to standard carve-outs

Geography:
All 50 states

Combine Trinity Street Capital Partners Permanent loans with:  Mezzanine Loans or Preferred Equity