If you have a development project, and have experience, but are short of the standard 35-40 percent down-payment, I may have the program for you. I have an equity fund willing to do 85-90 Percent LTC with an JV component to assist developers in getting their projects built. The rates for construction are from 3.25 to 4 percent. They will look at most asset classes, but Senior Housing, multi-family, retail, and hospitality are their main focus right now. I will provide you with a free analysis of the project and give you an indication of the whether or not it's a fit right away. Please email me with an executive summary, or questions pertaining to the deal to: darryl.stroup@marcusmillichap.com, or call 646-805-1415. Thank you, I look forward to hearing from you.
Darryl L. Stroup dstroup@marcusmillichap.com
Marcus & Millichap Capital Corporation 260 Madison Avenue 5th Floor New York, NY 10016