All Discussions Tagged 'payoff' - Real Estate Finance2024-03-29T08:48:26Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=payoff&feed=yes&xn_auth=noCOMMERCIAL REAL ESTATE ASSET BASED BRIDGE LOANS - 50 States! All Property Types! $2 Million to $50 Million Dollars!tag:realestatefinance.ning.com,2014-03-22:6517464:Topic:1635832014-03-22T17:30:35.194ZGaryhttps://realestatefinance.ning.com/profile/Gary
<p>Commercial Real Estate Asset Based Private Bridge Loan Fund-$2,000,000-$50,000,000</p>
<p>Today’s challenging economy has left many quality commercial real estate properties un-stabilized. More restrictive underwriting standards have left such properties unable to qualify for conventional, life insurance or CMBS loans.</p>
<p>Additionally, significant headwinds in the banking system and the regulatory environment are forcing healthy banks to dramatically reduce their commercial real estate…</p>
<p>Commercial Real Estate Asset Based Private Bridge Loan Fund-$2,000,000-$50,000,000</p>
<p>Today’s challenging economy has left many quality commercial real estate properties un-stabilized. More restrictive underwriting standards have left such properties unable to qualify for conventional, life insurance or CMBS loans.</p>
<p>Additionally, significant headwinds in the banking system and the regulatory environment are forcing healthy banks to dramatically reduce their commercial real estate exposure and service only existing clients. For those banks that are willing to lend, their appetite is often limited to owner occupied properties, and renewals for their most valuable existing clients.</p>
<p>That's where RED STAR COMMERCIAL FUNDING steps in. Our value-add bridge loan product fills the large void in the market created by the credit crisis and provides the critical time and capital to get a property stabilized. Our experienced team offers certainty of delivery on transactions under tight closing deadlines. We are able to execute and close loans in less than 10 days - Nationwide!</p>
<p>Red Star provides Bridge Loans ranging from $2 million to $50 million.</p>
<p>Typical properties – Leverage up to 80% LTC</p>
<p>• Apartments / Multi-Family<br/> • Industrial<br/>
• Office and Medical Office<br/>
• Retail – Shopping Centers, Malls – Single and Multi-Tenant<br/>
• Mixed-use<br/>
• Hospitality<br/>
• Flex (Office / Warehouse)<br/>
• Special-use (limited appetite)</p>
<p>Typical Situations</p>
<p>• “Lease-Ups” that provide time to get property occupied<br/> • Properties that don’t meet bank underwriting criteria<br/>
• Foreclosure purchases<br/>
• Discounted payoffs (DPOs)<br/>
• Construction loan take-outs<br/>
• Cash-out financing<br/>
• Repositioning’s / transitional properties<br/>
• Opportunistic purchases that need to close fast<br/>
• Interim bridge financing<br/>
• Refinancing of maturing loans<br/>
• Tight closing deadlines<br/>
• Properties exiting bankruptcy<br/>
• Insufficient cash flow generated by commercial real estate<br/>
• Sponsor cash flow or net worth constraints<br/>
• Short time frame for repayment<br/>
• Partner buyouts<br/>
• Hard money loans</p>
<p>Why Red Star?</p>
<p>• Speed and Certainty of Execution<br/> • Much Faster than any conventional lender<br/>
• Fills a void in market caused by stress in the community banking system<br/>
• Less expensive than bringing in an equity partner, especially on an after-tax basis<br/>
• Unique situations, Opportunistic situations<br/>
• Transitional or un-stabilized properties<br/>
• Asset based underwriting<br/>
• Less expensive than a hard money lender</p>
<p>Contact us today at 610-578-0715 to review your situation and financing needs.</p> Commercial Real Estate Asset Based Private Bridge Loan Fund - FAST CLOSE SITUATIONAL AND OPPORTUNISTIC DEALS!tag:realestatefinance.ning.com,2014-02-15:6517464:Topic:1542582014-02-15T16:49:34.498ZGaryhttps://realestatefinance.ning.com/profile/Gary
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<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><span style="font-size: 16.0pt; font-family: 'Times New Roman','serif';">Red Star Commercial Real Estate Funding:</span></p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><b><span style="font-size: 20.0pt; font-family: 'Times New Roman','serif';">Commercial Real Estate Asset Based Private Bridge Loan Fund -…</span></b></p>
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<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><span style="font-size: 16.0pt; font-family: 'Times New Roman','serif';">Red Star Commercial Real Estate Funding:</span></p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><b><span style="font-size: 20.0pt; font-family: 'Times New Roman','serif';">Commercial Real Estate Asset Based Private Bridge Loan Fund -</span></b> <b><span style="font-size: 18.0pt; font-family: 'Times New Roman','serif';">$2,000,000 - $50,000,000</span></b></p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif';">Today’s challenging economy has left many quality commercial real estate properties un-stabilized. More restrictive underwriting standards have left such properties unable to qualify for conventional, life insurance or CMBS loans. Additionally, significant headwinds in the banking system and the regulatory environment are forcing healthy banks to dramatically reduce their commercial real estate exposure and service only existing clients. For those banks that are willing to lend, their appetite is often limited to owner occupied properties, and renewals for their most valuable existing clients.</span></p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif';">That's where RED STAR COMMERCIAL FUNDING steps in. Our value-add bridge loan product fills the large void in the market created by the credit crisis and provides the critical time and capital to get a property stabilized. Our experienced team offers certainty of delivery on transactions under tight closing deadlines. We are able to execute and close loans in less than 10 days - Nationwide!</span></p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif';">Red Star provides Bridge Loans ranging from $2 million to $50 million.</span></p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><span style="font-size: 18.0pt; font-family: 'Times New Roman','serif';">Typical properties – Leverage up to 80% LTC</span></p>
<ul type="disc">
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Apartments / Multi-Family</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Industrial</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Office and Medical Office</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Retail – Shopping Centers, Malls – Single and Multi-Tenant</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Mixed-use</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Hospitality</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Flex (Office / Warehouse)</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Special-use (limited appetite)</span></li>
</ul>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><span style="font-size: 18.0pt; font-family: 'Times New Roman','serif';">Typical Situations</span></p>
<ul type="disc">
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">“Lease-Ups” that provide time to get property occupied</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Properties that don’t meet bank underwriting criteria</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Foreclosure purchases</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Discounted payoffs (DPOs)</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Construction loan take-outs</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Cash-out financing</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Repositioning’s / transitional properties</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Opportunistic purchases that need to close fast</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Interim bridge financing</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Refinancing of maturing loans</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Tight closing deadlines</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Properties exiting bankruptcy</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Insufficient cash flow generated by commercial real estate</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Sponsor cash flow or net worth constraints</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Short time frame for repayment</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Partner buyouts</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l2 level1 lfo2; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Hard money loans</span></li>
</ul>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><span style="font-size: 18.0pt; font-family: 'Times New Roman','serif';">Why Red Star?</span></p>
<ul type="disc">
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo3; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Speed and Certainty of Execution</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo3; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Much Faster than any conventional lender</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo3; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Fills a void in market caused by stress in the community banking system</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo3; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Less expensive than bringing in an equity partner, especially on an after-tax basis</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo3; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Unique situations, Opportunistic situations</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo3; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Transitional or un-stabilized properties</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo3; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Asset based underwriting</span></li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo3; tab-stops: list .5in;"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Less expensive than a hard money lender</span></li>
</ul>
<p class="MsoNormal"><span style="font-size: 12.0pt; font-family: 'Times New Roman','serif';">Contact us today at 610-578-0715 or email gpolao@gmail.com to review your situation and financing needs.</span></p>
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