231 Capital LLC
has the following programs :
#1. Ground up construction. Max LTC 80%. (All commercial property types, including Hospitality, ALF & Memory Care) Minimum loan $10M. Pricing LIBOR + 700 – 800BP
#2. High leverage bridge loans on existing commercial properties.
Max LTV 90%. Minimum loan $10M. Pricing LIBOR + 550 – 750BPS
#3. Hard Money bridge loan: Max LTC/LTV 70%. Pricing 10-13%
Please give me a call or send me an email if you have a scenario you would like me to review.
Construction Loans:
*80% LTC
*Pricing: LIBOR plus 700BPS – 800PBS
*Property Types: All commercial property types inclusive of Hotels & Senior Living
*Loan Amounts: $10M and above (we will go down to $6M if the transaction is not too complicated)
Please feel free to contact me