
|
Customer Testimonials:
"We had a difficult loft property to get refinanced. B.I.B. Capital stuck with us and we were able to get a 10 year loan with a thirty year amortization at 150 bp over the same term treasury. We are now locked in at 5.85% in a rising interest rate environment and could not be happier with the service we got." Jason Murrey, Apartment Developer

|

|
Commercial Loans

Apartment Loan Submission Requirements
- Current month's rent roll (with tenant name, unit type, lease expiration date, current market rent, current collected rent and concessions)
- For cooperative apartment properties, current month's maintenance roll for all units plus the rent roll for all sublet units or units rented from the sponsor.
- For cooperative apartment properties, current month's maintenance roll for all units plus the rent roll for all sublet units or units rented from the sponsor.
- Year to date operating statements
- Previous three years operating statements
- Current and historical vacancy information
- Brief description of site and improvements
- General market information
- Pictures of property and surrounding area
- Location Map
- Marketing material
- Description of ownership structure
- Resumes for all principals and the property management company
- Financial statements for all principals
|
|

|
|