|
|
BankBoston aka
FleetBoston
|
|
   |
||
|
|
phone 617-434-2893 | fax 617-434-7108 |
|
Lending Area US |
||
|
Loan or Investment Size $50,000 to no maximum |
||
Loan Types |
||
| Commercial Condo Construction | Enclosed Mall | Garden Apartment |
| Garden Style Offices | High Rise Offices | High Rise Apartments |
| Low/mod Income Apartments | Luxury Apartments | National Chain Hotel/Motel |
| Nursing Home | Outlet Malls | R&D Flex Space |
| Retail Strip Center (W/O Anchor) | Retail Strip Center (With Anchor) | Self Serve Mini Storage Warehouse |
| Single Tenant Office | Student Housing | Warehouse Distribution |
| Light/Heavy Manufacturing | Rehab Facilities | |
Loan Structure |
||
| First Mortgages | Wrap A Rounds | Construction W/O Take Out |
| Construction W/ Take Out | Refinances | Standbys |
| Floating Rates | Adjustable Rates | Joint Ventures |
| Bridge Loans | ||
Loan Fees |
||
| Application Fees | Varies based on deal | |
| Commitment Fees | Quote at time of application | |
| Processing Fees | Varies | |
| Other Fees | Site inspection & commitment fee TBD | |
Other Information |
||
| Non Exculpatory Loans - No | Participate On Occasion | |
| A Prepayment Penalty | Amount: Yield Maintenance | |
| Typical LTV: 65 to70% some 75% | Income Producing (Stabilized) DSC: 1.3 | |
| DSC Hotel/Motel: 1.4 | DSC Other: 1.2 - on occasion | |
| Attempt to contact local hubs closest to the project for processing. | ||
Lender Contact Information |
||
| Group Mgr.: Floyd Wiggins | 617-434-2893 | |
Branch Locations |
||
Hub |
115 Perimeter Center Place, Suite 500, Atlanta, GA 30346 Jeff Gilbreath, Group Mgr. (O)770-390-6551 (F)770-390-8434 |
|
Regional Offices |
Maine, Rhode Island, Connecticut, New York, New
Jersey. Contact Stacy Cronin (617-346-0003 Boston Branch) for details on other hub group managers. |
|
