Multifamily Loans & Commercial Property Loans

Our commercial loan program was created for commercial real estate investors seeking higher leverage on value-add investments and a faster close.  PIL’s commercial program includes loans on all types of property, including office, mixed-use, industrial, storage, medical, and residential properties larger than four families.  We will consider land in lower leveraged scenarios with defined exits.

 

Typical Loan Terms
Term:                  12 months, extensions available

Rate:                   Rates starting as low as 8.99%
Origination:       2-3%
Loan to Value:   Up to 70% of Stabilized Value
Loan to Cost:     Up to 100% of Hard Costs

 

Priority Investor Loans

Rates starting as low as 8.99%