Given the need to place this much capital by year end, my source is actively seeking deals that meet their criteria.
· Size:
o $3 million - $100 Million
o Higher amounts may be available on particular deals.
· Rates:
o starting from 8.00%
· Loan fee:
o 1.00% to 3.00%
· Term:
o 1-4 years with extension options
· LTC/LTV:
o Up to 80%
o Higher leverage and mezzanine/preferred equity may be considered on a case-by-case basis
· Property types:
o Office, Retail, Multi-family, Condo, Flagged Hotels/Motels, Development sites, Self-storage, Senior Housing, Student Housing, Warehouse, light industrial and mixed-use Properties.
· Closing:
o fifteen to thirty days depending on transaction.
· Transaction types include:
o Quick closings, Cash Out, DPO’s, refinancing’s, Inventory loans, and other non-bankable loan requests
· Locations:
o Nationwide.
Please email a copy of your executive summary for further review:
creativefundinggroup1@gmail.com