We have a Land owner and developer looking to put a deal together and need hard money to complete the project.
17M appraised value
Land lease back to developer for commercial use
loan needed around $11M
75% LTV
1.5M Down Payment
Owner is carrying back
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Good morning
what is time frame to get this deal done? whats the points attached from you and bank? actual numbers are $17.6 CBRE appraisal $9.2M sale price and $2M seller carry back plus $200K in escrow and bringing additional $1.3M at close.
need to close in 21 days or less deposit went to hard money already.
Thanks
Frank Shourds
702-738-8274
Are you still looking for funding?
Regards,
Can we have a physical meeting with the owner. We can provide the financing needed. Kindly contact: allen.carpen@frs-finance.com
I didnt get your call again
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Sender is NOT a United States Securities Dealer or Broker or U.S. Investment Adviser. Sender is a consultant and makes no warranties or representations as to the buyer, seller or transaction. All due diligence is the responsibility of the buyer and seller. This E-mail letter and the attached related documents are never to be considered a solicitation for any purpose in any form or content. This document including any attachments hereto is a response to a formal request of information only. Upon receipt of these documents, the Recipient hereby acknowledges this disclaimer. These documents are not from any banking or other Institution. We do not provide securities or securities related advice. No information herein shall be construed as a solicitation of investment funds or a securities offering in any way. These Confidential communications are protected under Gramm-Leach-Bliley Act 15 USC, Subchapter 1, sections 6801-6809 and other laws addressing the disclosure of Non-Public Personal Information.
Please NOTE: This message is privileged, confidential and is intended for information purposes only. The above and/or attached information is for private transactions that are available between the principal entities involved. This is not intended to be, and must not be construed to be in any form or manner as a solicitation of investment funds or a securities offering.
***CONFIDENTIALITY STATEMENT: This message together with any attachments contained in the email is confidential and may also be privileged. The information is intended only for the use of the individual or individuals, or entity to whom it is addressed. If you are not the intended recipient, or the employee or agent responsible for delivering it to the intended recipient, you are hereby notified that any use, dissemination, distribution or copying of this communication and/or attachments is strictly prohibited. If you have received this email in error, please immediately notify us by forwarding the message to davidwklee@davidwkleeglobalfunding.com and deleting the original message. Thank you.***
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