loanorigination

The TerraCotta Group has been originating commercial real estate bridge loans since 2003.

Its loan criteria include the following:


Loan Size: $1,000,000 to $10,000,000
Underlying Assets: All types of commercial real estate and multi-family properties
Geography: Western U.S. with a primary focus in California
Lien Position: 1st Deed of Trust
Loan to Value: up to 65%
Interest Rate: 9-11%
Maturities: 12-24 months
Amortization: up to 30 years