I need to expand my funding base of underwriters to service my ever growing client base. And I can only work with principals NO LOAN BROKERS PLEASE. Please forward your funding information to my office. Edward Tuggle Independent Private Funding Placement Consultant Office 281-599-9954 E-mail etuggle859@sbcglobal.net
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We can help you with this.
Thorofare Capital is a private equity fund management firm which specializes in short-term, first mortgage financing for all commercial property types...including hotels, shopping centers, self-storage, multi-family and others. We are a direct, balance sheet lender with discretionary capital for investment.
We can analyze, underwrite, structure and close transactions in as little as five business days. Our average turnaround is about 10 business days. Minimum transaction size is $1 million and maximum capacity per transaction is $25 million.
Size: $1M to $25M
Location: United States only
Max. LTV: 68% (Can go to 85% with B-piece)
Max. LTC: 90%
Recourse: No, with cashflow lockbox provisions
Term: 1-3 years
Interest Rate: 8.95% - 12.5% fixed, interest-only
Loan Origination Fee: 1.95% - 2.95%
William Lanting
Thorofare Capital, Inc.
601 S. Figueroa Street, Suite 2050
Los Angeles, CA 90017
213.873.4008 (Office)
213.873.4039 (Fax)
310.592.4400 (Cell)
bill.lanting@thorofarecapital.com
CA BRE License: 01868648
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