Adam Dosskey

Managing Director of Multifamily Term Lending @Renovo Financial

Sacramento, CA, US

Currently leading production for Renovo\'s flagship Multifamily Term Lending program. Quick Overview• $1-10MM loan amounts, nationwide.• 5/7/10 year fixed-to-float (hybrid) loans, Interest-Only for term. • Up to 75% LTV. Best pricing 65% LTV. • 1.25x DCR on IO debt service.• 54321% or 321% prepays on all fixed term options.• These loans are recourse. No tax returns or global underwriting.RENOVO MULTIFAMILY TERM is a Better Alternative to Banks & Agencies. Here’s why:• Higher Proceeds – Typically 5-20% more leverage than Banks/Agencies due to underwriting to a 1.25x DCR on the interest-only debt service. We rely on appraiser’s expenses, not arbitrary “expense comps.”• Fixed Rates – 5, 7, 10 year fixed rates, IO for term, with 54321% or 321% prepay standard on all. Great flexibility for the short-to-mid term. • Faster Closings – We average 32 days from LOI to close…Not 60-80 days. Firm Quotes issued within 24 hours. • More Property Flexibility – Small market size, student concentration, seismic risk, thin borrower experience, etc… There are dozens of reasons for the Agencies to pass on a solid deal. That’s where we shine. • More Borrower Flexibility – No hard Borrower experience minimums. No hard Net Worth minimum. Guideline of 5% liquidity can include cash-out. • Vastly Superior Broker Experience – Commercial mortgage bankers are the cornerstone of the business, full stop. We have crafted the best loan process in the business for you, with streamlined DD that’s only about ¼ of what’s required by the Agencies. When your clients feel good, we all win more business. • All Built by Renovo – We’re an innovative, 200-person private lender, with 14 regional offices,$1.75B per year in loan origination, and a loan portfolio of over loans. We ranked 4th largest private lender in the country in 2023. We’re also an S&P Select Servicer.#RenovoHustlesHarder

University of California, Davis

BS, Managerial Economics