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The Road to Rescue
TermStreet has developed a capital program utilizing C-PACE loans priced below 6.0% to support hotel properties challenged by the Pandemic Environment. The Proprietary Program has been utilized across the country by banks and borrowers looking for low cost supportive capital to get through the pandemic to a brighter day. At TermStreet, we know that tomorrow will certainly see better occupancy and room rates than today, we just need to figure out how we can all get there together.
Here are the results of a typical
TermStreet Rescue Capital Loan
Take the first step towards TermStreet’s Rescue Capital Program.
Superior to preferred equity, mezz debt, or that ground lease you are considering, TermStreet’s Rescue Capital Program is the best way to recapitalize struggling CRE deals right now.
What’s the catch?
|Eligible States||Limit on time|
passed from CofO
|Washington, DC||case by case|
|Maryland (PG County Only)||18 months|
|Missouri (Not St. Louis)||30 months|
|Pennsylvania||back to August 2018|
|Rhode Island||2 years|
|Texas||case by case|
|New York||case by case|
Follow the path to supportive capital through a series of blog posts created to help banks and borrowers better understand C-PACE and our proprietary Rescue Capital Program