If you are looking to add a strong financial partner to share in a participation opportunity for your credit union, the team at Logix is eager to speak with you.
Logix will entertain participation loan purchases under these general standards:
- Preferred LTV 65%, Max 70%
- Minimum DCR 1.25X
- Strong Global Cash Flow Requirement
- Geographic Footprint Nationwide (as long as lead lender has strong presence in the trade area)
- Property Types—Retail, Office, Light Industrial, Mixed-Use, Multi-Family, Storage Facilities, and Hospitality.
If you are looking for a partner with a long history of success and the financial means to participate in a wide variety of commercial real estate loans, please contact Suraiya Sodager-Gross, our Participation Loan Operations Specialist, at 818-565-2498 or email [email protected].