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·        Office Finance Program

Eligible Projects: Existing CBD or suburban office and R&D space-Flex

in established markets with a minimum physical occupancy rate of

85%.

Loan Type: 7, 10, 15, 20 and 25 year maturity, fixed rate loans. Loans

 typically are amortized on a 30-year schedule.

 Preferred Loan Size: Over Two Million

 Assumability: Assumable, subject to approval with a transfer fee.

 Personal Liability: Non-recourse, subject to standard carve-outs for

                         misrepresentation, fraud, bankruptcy, etc.


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