Toccoa offers quick and creative capital solutions to real estate operators and developers in the form of a senior loans, structured debt, preferred equity, and joint venture equity

Investment Criteria

Investment Range: $1 million to $7 million, with ability to go higher on a case by case basis
Markets Sunbelt region with focus on the southeast
Property Types: Multifamily, office, industrial, retail, self-storage, commercial and residential land
Fees: Negotiable
Pricing: 9%+ 12%+ None
Max LTV/LTC: 75%; higher in select cases up to 90% None
Minimum DSCR: 1.10x DSCR (upon stabilization) Negotiable None
Term: up to 2 years with extension options up to 5 years None
Amortization: Interest only with possible principal curtailments None
Prepayment: Minimum interest / minimum multiple, determined on a case-by-case basis None
Recourse: Both Recourse and Non-recourse subject to standard carve-outs including bankruptcy Operating partner responsible for any required guaranty
Collateral: 1st lien and equity pledge Equity pledge in select cases None