30-Yr Commercial Lender - Allowing 100% CLTV Seller Second?

[Marty Johnston]

Hey Gang,

So I've been a mortgage broker for several years in the CRE Lending space, and I have capital partners I work with who offer 100% CLTV funding for bridge loans or short term, I/O financing. However, I am hoping to know if anyone may have a referral for a solid lender who offers long-term financing (25-30 Yr Ams) who allows for a full CLTV seller carry behind their first.

I understand the reasons why that vast majority of lenders do not allow this - trust me, I do. But I run into the scenario often with clients/investors of mine who are seeking to leverage the seller carry in a 2nd position behind a senior loan, but have only ever found this possible through short-term capital. Wondering if anyone has had luck identifying a 25-30yr commercial loan / lender who allows such a structure? I did a search here on BP first but came up short.

Thanks all.