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Capital Resources
Capital Resources
Short-term Bridge Financing
This program aggressively lends on vertically improved performing assets. The
niche here is speed. If you have a time sensitive deal including 1031 exchanges, an
expiring purchase contract, a ballooning mortgage, a partnership buyout or need a
line of credit for working capital or payables, this program may be for you.
Since this is a private equity fund, there is more flexibility with regard to
documentation, moving parts, cross collateralization, credit, prepayment and
recourse. Seller financing and/or mezzanine financing is allowed up to 90% CLTV.
Below is an overview of the lending parameters and preferred collateral types.
Lending Parameters Overview:
Interest Rates: 11% - 14%
Amortization: Interest only
Flexible Lockup: 0 - 9 months on most deals
LTV: Up to 75% on income producing
CLTV: Up to 90% on income producing
Origination Fee: 2 - 4% taken at closing from the loan proceeds
Loan terms: 1 - 3 years
Closing times: 7 - 10 days
Loan Size: $1,000,000 - $50,000,000
Subordinate Financing: Allowed
Cash Down: Borrower must have at least 10%
Preferred Collateral Types:
Office Buildings: Up to 75% LTV
Apartment Buildings: Up to 75% LTV
Mixed-use: Up to 75% LTV
Shopping Centers: Up to 75% LTV
Warehouses: Up to 75% LTV
Multi Family: Up to 75% LTV
Hotels/motels: Up to 65% LTV (flagged and stabilized)
Other Collateral considered on a case-by-case basis.
Ask for a Bridge Loan Specialist: 720-494-7779.
This program aggressively lends on vertically improved performing assets. The
niche here is speed. If you have a time sensitive deal including 1031 exchanges, an
expiring purchase contract, a ballooning mortgage, a partnership buyout or need a
line of credit for working capital or payables, this program may be for you.
Since this is a private equity fund, there is more flexibility with regard to
documentation, moving parts, cross collateralization, credit, prepayment and
recourse. Seller financing and/or mezzanine financing is allowed up to 90% CLTV.
Below is an overview of the lending parameters and preferred collateral types.
Lending Parameters Overview:
Interest Rates: 11% - 14%
Amortization: Interest only
Flexible Lockup: 0 - 9 months on most deals
LTV: Up to 75% on income producing
CLTV: Up to 90% on income producing
Origination Fee: 2 - 4% taken at closing from the loan proceeds
Loan terms: 1 - 3 years
Closing times: 7 - 10 days
Loan Size: $1,000,000 - $50,000,000
Subordinate Financing: Allowed
Cash Down: Borrower must have at least 10%
Preferred Collateral Types:
Office Buildings: Up to 75% LTV
Apartment Buildings: Up to 75% LTV
Mixed-use: Up to 75% LTV
Shopping Centers: Up to 75% LTV
Warehouses: Up to 75% LTV
Multi Family: Up to 75% LTV
Hotels/motels: Up to 65% LTV (flagged and stabilized)
Other Collateral considered on a case-by-case basis.
Ask for a Bridge Loan Specialist: 720-494-7779.
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