City Street Capital, Houston, TX


Jetstream Capital Fund I

General Loan Criteria
Up to $15MM per loan
Not to exceed 75% LTV
Construction Term: 3 years primary interest only; Two, 1-year extension options amortizing
Bridge/Refinance Term: 3 year primary term, 1 year interest only; Two, 1-year extension options amortizing
Rates: Negotiated on a case-by-case basis. 
Collateral: First Lien Deed of Trust on subject property
Recourse: Non-recourse to guarantor subject to standard carve-outs 
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Sample Loan

General Loan Criteria
Type: Construction Loan in Houston MSA
Size of Loan: $9 MM
Term: 3 years interest only
Pad Count: 200
Investment Thesis: Developer plans to sell in Year 4
Transaction Merits:  Location near major employment hubs and great access to major interstates.  No new RV construction in submarket and proforma rates are in line with other comparable properties in the area.

Jetstream Capital Fund II

General Loan Criteria
Coming Soon!
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