Borrower owns and operates 10 Executive Suite Offices in the Midwest.
Wishes to refinance 2 of them.
Loan amount is $5,750,000.
NOI is $795,000
90% occupied
Dave Hare
hare.david.j@gmail.com
239-810-9247
Tags:
This is right up my alley! I'd love to have a look at this, When is a good time to call?
Im a broker at Eastern Union funding, I would love to have a look at this deal and see what we can work out for you.
We work with over 50 lenders and are still getting rates in the low 3's. We'll have feelers within a day. I will not let you down.
Well definitely get you the best the market has to offer.
Email or call to discuss, or let me know a time good to reach out to you and Ill get in touch with you then.
Hi David,
Where are these located?
David is there a current mortgage?
Is this a cashout refi? How cash is sought? If so how is the cash going to be used?
Does the client seek long term or bridge funding?
Best Regards,
Chris Cambridge
888-835-3640 x888
assets@bnassets.com
Dave,
Is your client looking to do a cash-out refi?
Can you send me the financials of the project and an Executive Summary?
I like to see if I can help your clients.
email: cbadvisorspc.ah@gmail.com
Thanks,
Andrew Hofing
David,
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
Hi Dave,
I work for Sandwood Commercial Finance we are a brokerage firm located in the Midwest. This is what we can do for this type of deal.
LTV up to 75%
Amortizations periods up to 25 years.
Flexible pre payment structures available.
non recourse
Minimum DSCR of 1.20x
plus more. I would like to speak with you further about this if you are still in the market to get this funded. Have a great day.
Email me or call me at info@sandwoodcommercialfinance.com / 217/717-4251
Best Regards,
Kenneth Hollis
Sandwood Commercial Finance.LLC
David,
Pay a visit to www.baacecapital.com We have many programs and make deals when others haven't.
Bill Webster
David,
I see that you have gotten a fair number of views. Are you still seeking financing for this refi?
D
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.
(The following remark is not intended to offend but stated because of so many request from those who believe that all cost can be paid from closing proceeds):
“If there are no funds available to cover project cost and principals expects the lender to pay the necessary cost to determine if the project is lendable, close and fund the project and get their expenses from the loan proceeds then no one I know of can help you.” I have 27 years experience in this industry and have never seen that happen with lenders in the US, Western Europe or anywhere else.
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
avid,
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