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  • #584

    Petersoc
    Participant

    Since we do a lot of value add development in the self storage industry, we are frequently confronted with lender who wish to structure a 5 year loan, where our hold period is say 7 years. This necessitates a refi at the end of year 5, which has implications to the operating cash flow, and the equity cash flow, which could be positive or negative overall depending on the refi loan terms. I would love to see this functionality in the Perm Debt page.

  • #602
    mm
    Spencer Burton
    Keymaster

    This is a great suggestion. I’ll add this to the feature request list.

  • #620

    trisourcecapital
    Participant

    Yes.. +1 on this. Mid-hold refinance would be great. We also are having to model agency supplemental loans or a commercial mezzanine loan for mid hold recapilization to pay for additional Capex, return of investor capital or TI/LC funds for anticipated lease rollovers in Office/Retail/Industrial

  • #721

    evw3
    Participant

    Second this here. Acquisition/bridge for value add plan of 1 – 5 years then a refi sized up on next year’s NOI.

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