Canvas Lending
FINANCE SOLUTIONS
Canvas originates, structures, and asset manages multifamily preferred equity and subordinate debt investments. Our Finance Solutions platform is purpose-built for sponsors who need speed, flexibility, and a capital partner who understands operations from the inside out.
Bridge / Whole Loan Lending Program – Short term for transition periods. Best for borrowers requiring time to execute a business plan.
Transitional / Whole Loan Lending – Short term for value add strategies and transition periods for borrowers executing a business plan.
Structures
Mortgage Loans / Mezz
Leverage
Up to 80.0% LTV
Loan Pricing
SOFR + 3.0% and up
Proceeds
$5.0 Million - $150.0 Million
Amortization
Interest Only
Asset Type
Multifamily +
Locations
Tier 1 Markets
Closing Time
2 – 3 weeks
Mezz / Pref / Co-GP Program – Optionality throughout the capital stack. Leverage Canvas’ business lines to assist at a time when traditional.
Subordinate Debt and Preferred Equity – Optionality to borrowers seeking capital alternatives.
Structures
Mezz, Pref, Co-GP Common
Leverage
Up to 90.0% LTV
Pricing
10% and up with flexibility on current pay
Proceeds
$10mm - $75mm
Asset Type
Multifamily
Locations
National
Closing
Four Weeks
Canvas Lending Opportunities:
- Time Constrained Closings;
- Full Capital Structure Solutions;
- Cash In Refinancings / Bridge Equity;
- Transitional / Operational / Value-Add Properties;
- Distressed Borrowers;
- Lease-Up Risk;
- Construction Completion and Take-Out;
- Partnership Buyouts;
- Cost Overruns; AND
- Other Special Situations