Lending Program
Overview
Nationwide with speed and certainty
Calmwater Capital’s lending platform has expanded beyond our Southern California headquarters to include satellite offices in the New York metro area. We have made investments in nearly all of the top 50 MSAs and have the capability to lend in all 50 states. We deploy fully discretionary balance sheet capital which allows us to act quickly and provides flexibility for complex or special situations. Our client-centered ethos means sponsors can expect a timely response to questions or concerns about their transaction and will always have direct access to decision-makers.
Property Types
- Industrial
- Multifamily
- Residential
- Retail
- Self-Storage
- Hospitality
- Office
- Special-use Assets
Transaction Types
- Acquisitions
- Refinancing
- Recapitalizations
- Reposition/Stabilization
- Discounted payoffs (DPOs)
- Note Purchases
- Quick Close
- Major Renovations/Conversions
- Broken Condo Projects
Bridge & Senior Loan Terms* |
|
| Loan Amount | $7.5 to $75 million |
| LTV/LTC | Up to 75% |
| Interest Rate | Starting at SOFR + 4.75% |
| Amortization | Interest only |
| Recourse | Non-recourse with standard carve-outs |
| Loan Term | 2-3 years, including extensions |
| Closing | As quickly as 2 weeks |
| Prepayment | Open to prepayment subject to yield maintenance |
| Geographic Areas | Top 50 MSAs in the United States |
| Minimum DSCR | Ability to finance non-cash flowing property |
| Loan Costs | Sponsor shall provide a refundable deposit upon mutual term sheet execution |
*The terms listed are generally representative of our lending strategy but not wholly inclusive thereof. Every transaction is underwritten on a case-by-case basis and terms listed may not apply. Terms are subject to change. Loan may be arranged or made pursuant to the California Finance Lenders License Law
Representative Transactions
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$30,500,000
Retail | Yorba Linda, CA
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$32,500,000
Multifamily | San Gabriel, CA
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$29,000,000.00
Industrial Land | Gardena, CA
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![Photo of a retail center]()
$23,250,000
Retail | Las Vegas, NV
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$25,000,000
Student Housing | Los Angeles, CA
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$10,500,000
Hospitality | Fairfield, CA
