Property Loans

These include bridge loans, hard money loans, long term debt, preferred equity, joint venture equity, loan syndications, construction loans, development projects, property acquisitions, recapitalizations and much more!

We have a capital network of select hedge funds, family offices, opportunity funds, REITs and private equity firms, all flush with capital looking for ways to deploy it… and for the right transaction – speed and efficient closings are the norm.

Summary of the scope of this capital network as follows

  • Preferred Equity/JV
  • Distressed Debt/Hard Money/Unique Situation Bridge Loan 
  • Construction
  • Opportunity Funds– Opportunity funds can be very creative and will look at a very, very wide spectrum of investments.  These include both debt and equity. Typically $5M and above.

 

PREFERRED PROJECT TYPES NOT LIMITED TO:

  • Senior Care
  • 55+ Senior Non-Hud
  • Hotels (flagged or with major operator)
  • Multi-Family
  • Mixed Use
  • Condo’s and Condo Conversions
  • Large Land Purchases in Major Cities with Vertical Schedule in Place
  • Large Solar Facilities
  • Other on Case by Case Basis

 

Bridge Loans:    $5M to $20M

Types:                    Construction, Refinance, Purchase

Territory:                USA/Canada (including Hawaii, Alaska)

Term:                      12 months to 24 months

Rate:                        8.9% to 11.9%, fixed

LTV/LTC:               55% to 75% (subject to property type)

PPP:                        6 months interest

Points:                     3% to 5%

Closing:                   2 weeks to 30 days

Fees:                        Appraisal at cost; Site inspection, Lexus Nexis Search

Require:                  PFS, Company and Individual Resumes, Executive Summary with history, 5-year  proforma, pictures, appraisal if available, property owned list, pre-sales or pre-lease list, purchase agreements.

Bridge Loans:    $20M to $75M

Types:                     Construction, Refinance, Purchase

Territory:               USA/Canada/ Caribbean/ PR/ Bermuda/USVI

Term:                      12 months to 24 months

LTV/LTC:               to 65%

Rate:                       6.5% to 8.9%

PPP:                        12 months

Points:                     3%

Closing:                   30 days to 45 days

Fees:                        Appraisal at cost, Site Inspection, Lexis Nexis Search

Require:                  PFS, Company and Individual Bio’s, Executive Summary with history, 5-year proforma, pictures, appraisal if available, property owned list, pre-sales or pre-lease list, Purchase agreements

 

Equity:                     $20M to $200M

Types:                      Purchase, Construction, Refinance

Territory:      USA/Canada/Caribbean/Bermuda/PR/USVI/Mexico/DR/Panama/CR/Colombia/Brazil/parts of Europe

Term:                       3 years to 5 years

Leverage:                to 90%

Rate:                        Participation of 30% to 85%, with waterfall for 3 to 5 years beginning at 8% and increasing

PPP:                         TBD

Points:                     3%

Closing:                   45 days to 60 days

Fees:                       Standard Closing Costs + Minimum Application Fee

Require:                  Full Documents Sets

Standard & Specialty Debt Funding

Debt:                        $3M to $150M

Types:                      Purchase, Construction, Refinance

Territory:                 USA/Canada/Mexico/ Bermuda/PR/USVI/parts of the Caribbean, Central & South America, East & West Europe.

Term:                       18 months to 5 years

Leverage:                 55% to 75%

Rate:                         2.75% to 9%

Points:                      0% to 2%

PPP:                         TBD subject to deal type and terms

Closing:                    45 to 75 business days

Fees:                         $5,000 to $25,000, plus appraisal

Require:                   Full Documents