MHN TV: Prudential Mortgage Capital’s David Twardock
April 8, 2011
David Twardock, president of Prudential Mortgage Capital Co., explains why insurance companies are vying to make loans for commercial real estate and discloses Prudential's lending criteria and terms under its various balance- and non-balance sheet debt programs. The surprise: leverage can be as high as 70 to 75 percent for the right product.
David Twardock, president of Prudential Mortgage Capital Co., explains why insurance companies are vying to make loans for commercial real estate and discloses Prudential’s lending criteria and terms under its various balance- and non-balance sheet debt programs. The surprise: leverage can be as high as 70 to 75 percent for the right product.
