Tony Phan's Discussions
$900K bridge needed for acquisition and improvements on warehouse in AZ
Started this discussion. Last reply by Mark Luke Sep 20, 2013. 8 Replies 0 Likes
Experienced developer/sponsor (developer/contractor 24+ years) is seeking approximately $900,000 secured by a first position on a 21,208 SF commercial warehouse in Phoenix, AZ for acquisition and…Continue
Sponsor seeking $2.8MM bridge loan secured by $7-10MM commercial land in Pima, AZ for $450MM Solar Project
Started this discussion. Last reply by Kenneth wood Aug 30, 2013. 6 Replies 0 Likes
We have a Sponsor seeking a $2.8MM bridge loan secured by 470 acres of land in Pima, AZ with market value of $7.3MM to $10.4MM when zoning for Commercial is completed around the end of August 2013.…Continue
Sponsors seeking $18M bridge loan secured by NC Golf Club & Resort (As-Is Appraisal $44M July 2013)
Started this discussion. Last reply by Tony Phan Aug 9, 2013. 5 Replies 0 Likes
North Carolina residential/resort golf community (an hour from the Charlotte airport) suffered distress during the recession and original owners have become exhausted with project. It has over $70…Continue
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- Company name and description
- Next Realty Capital (www.nextrealtycap.com) is a private commercial real estate lender whose primary objective is to meet our borrower's need for short-term financing in unique and time-sensitive situations.
Our private lending capital is managed by a seasoned team with institutional and Wall Street experience to structure complex deals, having initiated and managed over $800,000,000 in commercial financing, development and redevelopment projects, as well as principally purchased distressed debt, since 2002.
Backed by private banks and various institutions, Next Realty Capital, is ready to execute a loan at a moment's notice.
We specialize in bridge loans, debtor-in-possession financing and distressed land development loans. Please view our lending parameters at www.nextrealtycap.com/lending-parameters
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Tony I believe you closed the discussion on a project you sought funding for. If what you have offered doesn't work out or if you have others opportunities I thought you would appreciate our program for the investment banking group I operate an office. See below and contact me if there is interest:
International Investment banking group providing 100% funding either debt or equity or combination worldwide! We fund based on the project strength not LTV or LTC. We are interested in the Energy, Technology, Mining, Real Estate and Business sectors. 30 year proven track record!
We offer terms that are bank rate or better. No front fees. Principals must cover third party cost prior to closing. Our market is domestic and international. Replies private or contact me directly. We will need an executive summary with proforma or actual income statement for 3-5 years, use of funds statement and exit strategy showing timeline for repayment along with bio/resume of Principal and their team.
We provide funding for the borrower’s capital request in the form of debt, equity or a combination and allow all documented expense and fees paid by the borrower to be stacked on top of the funds requested. We can offer a moratorium on payments until the project is stabilized and cash flowing if the timeline to stabilization is reasonable.
Ron Coleman
NEPCO, INC - GLOBAL CONSORTIUM - FUNDING FOR PROJECTS AND ASSETS IN THE ENERGY, TECHNOLOGY, MINING, BUSINESS AND REAL ESTATE SECTORS
nepcoinc@att.net 770-572-7765; nepcoinc1 -Skype