Mark Milovic

Background

About Mark Milovic

LaSalle Mortgage Debt Investors (LDI)(formerly Latitude Management Real Estate Investors) is a national commercial real estate bridge lender providing short term, floating rate loans to middle-market commercial real estate sponsors seeking hand crafted real estate solutions. Our primary focus is on originating new bridge loans for value-add and transitional properties in sustainable growth markets throughout the United States. We underwrite each transaction bottom-up through an equity owners’ lens making sure that all interests are always aligned and the exit strategy is clear. Our cycle-tested management team and vertically integrated platform has successfully closed over $4 billion in transactions across all primary commercial real estate property types. LMREI seeks to generate favorable risk-adjusted returns for investors by targeting middle market bridge loans to experienced sponsors with business plans that generate increasing operating income through value-add capital improvements, leasing strategies, and active asset management. General Pricing Parameters- Loan Amount:$5MM -$65MM - Rate: SOFR + 295 to SOFR + 600 - Leverage: Up to 85% LTC on multifamily, 80% on office/industrial/retail, 75% on hospitality - Origination: 0% at close, 1% to 2% upon exit - Location: Nationwide - Term: 3 – 5 Years - Yield Maintenance 12-24 months - Non – Recourse with standard “Bad Boy Carve Outs” - First Trust Deed or Senior Secured Mortgage - Closing times as short as 21 days from application - Loans remain on balance sheet - Brokers Protected Eligible Property Types- Multifamily - Multi – Tenant Industrial - Flagged Hospitality - Portfolios of any of the above