CANVAS INVESTMENT PARTNERS
Canvas Investment Partners (CIP) originates, acquires and structures multifamily real estate loans, subordinate debt and preferred equity investments.
Transitional / Whole Loan Lending – Short term for value-add strategies and transition periods for borrowers executing a business plan.
Subordinate Debt and Preferred Equity – Optionality to borrowers seeking equity alternatives. Opportunity to leverage Canvas’s integrated platform and services.
Bridge / Whole Loan Lending – Short term for transition periods. Best for borrowers requiring time to execute a business plan.
Structures
Mortgage Loans / Mezz
Leverage
Up to 80% LTV
Loan Pricing
SOFR + 4% and up
Proceeds
$5mm up to $150mm
Amortization
Interest Only
Asset Type
Multifamily +
Locations
Tier 1 market
Closing Time
2-3 weeks
Mezz / Pref / co-GP Platform – Optionality throughout the cap stack. Leverage Canvas’s business lines to assist at a time when traditional
Structures
Mezz, Pref, co-GP common
Leverage
Up to 90% LTV
Loan Pricing
SOFR+7% and up
Proceeds
$5,000,000 up to $150mm
Amortization
Interest Only
Asset Type
Multifamily +
Locations
NYC + Select Tier markets
Closing Time
4 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; and
- Partnership buyouts;
- Cost overruns; AND
- Other special situations