Size a new mortgage on an unencumbered asset to fund an acquisition
For REITs & asset managers · also Family offices & private investors
CompsUnderwriting
Find comps for [address] ([asset type], [size]): comparable sales nearby with adjustments and the resulting range. Then underwrite this at the middle of that range from the attached T-12 and rent roll and size the debt at [percent] LTV and [ratio] DSCR.
- You give
- The address; the T-12; the rent roll; the LTV; the DSCR
- You get
- Comparable sales with adjustments and the resulting range, in the assistant
- Then
- Underwriting — ask for it in the same conversation once step 1 is done
FinancingUse this workflow