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Menelik Tefera

Director, Sfr Originations at Verus Commercial Real Estate Finance

Based in New York, United States

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Seniority

Director

Department

Other

Location

New York

Industry

Real Estate

Company size

4

Contact information

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Email

1 credit

m•••••••@veruscref.com

Phone

5 credits

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Background

About Menelik Tefera

Contact information: E: mtefera@veruscref.com | C: 718.715.5041. Lending Parameters of the Single-Family Portfolio product include:* Minimum of 5 (SFR – 1 Unit) properties or 3 (2-4 unit) properties * 5-20 unit properties, warrantable condominiums, modular homes, leaseholds * 5, 7 and 10-year fixed loan with both interest only and amortizing options * Loan sizes of – $15 million * Purchase, Rate/Term Refinance, Cash Out Refinance Lending Parameters of the Short-Term Bridge Loan product include:* Loan size of $1mm-$40mm * 1-2 year terms plus extensions * Fixed and floating rate * Funding time as little as 2 weeks * LTV up to 80% As-Is

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