BACMC will focus on CMBS/conduit loans in the $5-million to $50-million range, and plans to compete for loans from $2 million to $100 million. The affiliate also plans to compete for traditional commercial real estate asset classes, including office, industrial, multifamily, retail and self-storage facilities. The new venture is planning to have an average 45-day closing date from a loan application execution, according to Comparato.
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