Marc Simpson with Peak Choice Capital. Just sent over our criteria for investment financing in the FL market. Please advise if you have any questions or concerns.
Please call Sam Thomas at Paramount Financial Partners (515) 554-5541
Need Bridge Financing For Acquisitions or Refinancing? United States Only. No New Construction.
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 cash flow lockbox provisions
Term: 1-3 years
Interest Rate: 8.95% - 12.5% fixed, interest-only
Loan Origination Fee: 1.95% - 2.95%
Thorofare Capital, Inc.
CA BRE License: 01868648