Each property and transaction is unique. The guidelines illustrated here only describe the very basics with respect to any transaction structure.

Corban's goal is to meet the needs of each customer. Our commercial real estate financing expertise enables us to deliver complex loan solutions to meet your specific goals in a timely manner.

Corban provides for both traditional 20 to 25 year commercial mortgage loans for income producing properties and 1 to 2 year bridge loans for properties requiring such funding.

Target traditional transactions:

• Loan Sizes: $500,000  to $6 million; $1mm+ focus
• Geography: Continental U.S.
• Security: First mortgage or lien
• Loan-to-Value (LTV): Typically 65%-75% on income producing properties*
• Loan Amortization: 20 to 25 years
• Rates: Prime +  1 - 2% (may be based off another base rate)
• Full amortization, no prepayment penalty for up to 20% of loan annually
• Recourse to Borrower or other guaranty customary
• Closing: Typically 30 to 45 days.

Target 'hard money' transactions:

• Loan Sizes: $1 million to $40 million; $4 to $25mm focus
• Geography: Continental U.S.
• Security: First mortgage or lien
• Loan-to-Value (LTV): Typically 50%-70% on income producing properties*
• Loan Maturity: 24 to 36 months
• Rates: 12% to 16%*
• Amortization: Interest-only
• Recourse to Borrower or other guaranty customary
• Escrowed Interest: 6 months to 1 year typical*
• Closing: 5 to 14 day closings possible; 20 to 30 days average

Corban’s principals have assisted in the execution of investments supporting real estate financing, venture capital investments in software development companies, energy, and health care administration companies throughout the Northeast and Southeastern United States. 

There are several private lenders that can close quickly on simple transactions. Here is what sets Corban apart:

1. We are here to solve problems by overcoming the complexity of distressed properties or difficult corporate, legal, or financial situations.
2. We have expertise in capital structuring and can design creative solutions which make sense for our customers.
3. We can close quickly on those difficult transactions because of our understanding of underlying real estate.

(*) The above terms are predicated on credit review, appraisal, property type, loan amount requested and other factors.