Streit Lending–Direct Private Bridge Lending. 1st & 2nd TD. Major MSAs in CA, Western, Midwestern & Southern US. $1m-$5m Loan Amts. Loans Funded Using the Streit Family Balance Sheet. Quick Closing.

 

  • Property Type: Residential (non-owner occupied) and commercial properties.
  • Loan Types: Acquisitions, Refinances, Rehabs, Bank Turn-Downs, Discounted Note Payoffs, REO Purchases, Bankruptcy Exits, Ground-Up Construction (CA only) and more.
  • Loan to Value: Generally up to 60%. Higher selectively.

 

Please contact Auri Streit - (818) 787-6940 or auri@streitlending.com

Visit our website: http://www.streitlending.com/

 

Streit Lending is the bridge lending business affiliated with the Streit Family.  Streit Lending provides borrowers with direct access to private capital through the financial strength and liquidity of the Streit Family. All loans are funded using the Streit Family balance sheet. Streit Lending has the ability to close quickly and without relying on third parties to get loans funded. Our goal is to provide quick, transparent and stress-free closings to help our borrowers execute their business plans without the headaches and months-long waiting period associated with conventional loans. Streit Lending, together with the Streit Family, has over 30 years of bridge lending and real estate investment experience.

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Custom Builder Looking to Secure Funding for a New 55+ Active Adult Condo Community

I have a proven concept in mid to high end active adult community living for seniors 55+. If you are interested in large returns in the fast growing housing market this is a fantastic opportunity. Please review our concept and if you would like to hear more, we will be glad to setup a meeting.

Active Adult 55+ Living Community

The Concept: To build, sell, and manage an Active Adult 55+ Living community that will have 80 attached condo units and a clubhouse. We want to sell the idea of the community being stress free living with many activities to partake in to keep everyone active; it would be a resort style experience. The whole process from design to selling of the final unit is on a three year schedule. The units will be sold at cost plus a 30% mark up.

The Condo Units: The condo units will be 1 story ranch condos built ADA compliant and will cater to the 55+ target market. We will offer 2 units – The Maui 1400 SF and The Roma 1600 SF. They will include a garage, basement, and possible bonus loft above the garage. They will be built with some custom touches: grab bars in all bathrooms, walk in showers with tub doors, built in security systems / life alert systems that can automatically call 911, granite counters, and stainless steel appliances. There will be no grass to cut or snow to shovel.

The Club House: The Club house will be 2500 SF with a full time concierge service with an outdoor pool and hot tube. There will always be someone to talk to 24-7 in case of an emergency. The club house will have a general meeting area by the fireplace and will have several banquet / meeting rooms to host the variety of clubs and activities we will offer on a weekly basis. Some of the activities will be knitting club, book club, arts and crafts club, poker club, men’s dinner, girls night out, Oscar night, and Holiday Parties. The activities will be on and off the facility. We will have a shuttle that will take everyone as a group out on activities outside of the grounds, i.e. Mall day, dinner out, and Opera Night

Please contact me via e-mail / cell (below) to set up a conference call. I am looking for a partnership or silent investor.


Regards,

Anthony J. Pisco
Business Development

Renaissance Building, Inc.
www.renaissancebuilding.com

E-mail: apisco@renaissancebuilding.com
Cell: 248-390-1508

Hi Anthony, 

Thanks for you inquiry.  Unfortunately, we aren't looking to invest in properties at the moment.  We focus solely on real estate debt.  If you would like to learn more about our real estate bridge lending company, please don't hesitate to reach out. 

Regards, 

Auri

Hi Anthony, 

At the moment, we are not investing in property.  We focus solely on real estate debt.  If you would like to know more about our bridge lending business, please don't hesitate to reach out.

Regards,

Auri 

High profile car wash - gas and c-store in Bridgewater NJ. currently paying $350,000 annually servicing $4M in debt, in need of $3M-$4M, up to $1M can be subordinated, if this is any interest to you

Kevin McFarland

732-310-1360

Hi Kevin, 

Thanks for your inquiry.  Unfortunately, we don't lend on the East Coast.  We look to lend in the Western, Mid Western and Southern United States.  In addition, car washes are not a preferred property type for us, as we look at such properties as more of an operating business than real estate.  We look to lend mostly against the major property types, including office, industrial, retail and multifamily.  We look to lend mostly against the major property types, including office, industrial, retail and multifamily, and we also lend against residential properties.  

Regards,

Auri    

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