Balance Sheet Capabilities
Kay Finance's balance sheet lending program allows clients with a specific focus in multi-family a loan product that is "off balance sheet" and does not require additional fees.
Our firm is fortunate to represent a particular bucket of capital that has allowed us to offer our larger-scale clients in the multi-family space—specifically light transitional value-add—a bridge loan product that is off balance sheet and does not require us to charge traditional intermediary fees.
The general program is best suited for loans above $20M in deal size and is available in almost all 50 states.
The program’s key benefit offers borrowers higher leverage—up to 80% LTC, fully nonrecourse, with competitive rates.
Generally, the loan processing team takes an average of 45 days to fund upon receiving a signed term sheet. Because this loan is processed in-house, we have a bit more flexibility when negotiating to accommodate our clients’ needs.
PROGRAMS
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Agency (Fannie Mae & Freddie Mac)
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Fannie & Freddie SBL
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HUD (Acquisition & Refinance)
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HUD D4 (Construction)
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CMBS
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SASB (Single Asset Single Borrower)
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Life Co $20MM+
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Life Co Sub $20MM
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Conventional Bank Acq. & Refi
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Conventional (Bank) Construction & Development
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Single Family Fixed Rate Perm
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Single Family Development Program
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"Fix & Flip" (Single Family)
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Debt Fund Fixed Rate Perm
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Light Transitional Bridge
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Debt Fund - Bridge
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Mezzanine
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Unsecured Credit Facility
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Single Family & Multifamily Credit Facility
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Fannie Mae Credit Facility
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Freddie Mac Credit Facility
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JV Equity
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Preferred Equity
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Preferred Equity
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JV Equity
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Unsecured Credit FacilityJV/Common, Preferr ed
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Subscription Facility
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Single Family & Multifamily (up to 100 units) Credit Facility
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Fannie Mae Credit Facility
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Freddie Mac Credit Facility
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Balance Sheet Bridge (Light Transitional)