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Nationwide Bridge Loan Available from Direct Lender
Posted by: Mark Yuen on 1/23/2012 11:47:43 AM
Funding Available:
Above $1mil 		Category:
Accounting & Financial Services 		Website :
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Description:

Our lender is a real estate finance company focused on originating and acquiring high-yield real estate debt investments between $1 million to $20 million per transaction. It is currently deploying capital from private equity commitments to this lending program.

Our objective is to provide attractive, risk-adjusted returns to our Funds and investors, while capturing special situations to supply leverage to opportunistic buyers of real property and impaired loans secured by commercial assets. Moreover, offshore investment partnerships, family offices, and ultra-high net worth individuals invest alongside our company for occasions that do not fully meet the Funds investment strategies.

Our lender approaches each opportunity with a true partnership perspective and seeks to foster each relationship through a successful track record of an incessant commitment to timely execution, reliability, and blue chip professionalism.

BRIDGE LOANS:

Location Nationwide

Loan Amount $1 - $20 million; may go higher in select cases

Term 3 months -3 years

Loan-to-value (LTV) Up to 65% on "As Is" Valuation (may go to 75% in select cases)

Purpose Acquisition / Refinancing / Note Purchase / Re-Capitalization

Loan Type Fixed rate, short-term

Pricing Pricing will vary, rates will typically fall in 8.25% - 11% range depending on risk and timing.

Minimum DSCR 1.15x DSCR on underwritten net cash flow

Recourse Typically non-recourse except for certain standard carve-outs

Origination Fees 1.5% to 3.5%

Prepayment 6-month interest guarantee, no-prepayment in select cases

Property Types Multifamily, Retail, Office, Industrial, Hotel, Self Storage, Mixed-Use, Fractured Condominium, Medical & Health Facilities

Escrows Generally required interest-reserve payments if there is no current cash-flow

Closing Times will vary but average 3 weeks or quicker

Additional Services offered by TCMB:

- Permanent Debt Financing

- Mezzanine Financing

- Passive Preferred Equity Financing

- Loan Sale Advisory

- Non-performing Loan Acquisitions

- Business Lines of Credit

- Investment Sales

Please kindly email us for more information and best regards.

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