Take a loan to committee with rents marked to market
For Lenders & debt funds
Market RentUnderwriting
What is the fair market rent for [address] ([asset type], [size])? Then underwrite this loan request for our credit committee: [loan amount] at [percent] LTV and [ratio] DSCR from the attached T-12 and rent roll, using that market rent.
- You give
- The address; the T-12; the rent roll; the loan amount
- You get
- Fair market rent, $/SF/year and per month, with the leases behind it, in the assistant
- Then
- Underwriting — ask for it in the same conversation once step 1 is done
Investment committeeUse this workflow