Gifts Received

Nancy E. Hirschbach has not received any gifts yet

Give a Gift

Nancy E. Hirschbach's Page

Profile Information

Company name and description: Forman Capital LLC is a direct balance sheet lender for commercial real estate properties nationwide.

Investment Size: $2MM - $75+MM
Investment Term: 1-3 Years with yearly extensions (case by case basis 5 years)
Up to 75% LTV
Pricing varies depending on characteristics

We seek attractive risk-adjusted returns by originating and acquiring real estate secured debt. By leveraging our unique industry expertise, and using disciplined underwriting of real estate and credit risk with an emphasis on downside protection, we generate above average risk adjusted returns and offer our borrowers more competitive and more creative capital solutions. We operate three investment strategies.

Opportunistic Bridge and Special Situations
We originate first mortgage bridge loans on special situation real estate. These investments typically have characteristics that create hurdles to traditional lenders, such as quick closing requirements, foreclosure and/or bankruptcy, or discounted loan payoffs. Using disciplined underwriting with an emphasis on downside protection, we are able to quickly quantify risk. By providing unique and customized loan structures, we help borrowers create value in these special situations.

Subordinate Debt Originations
We originate mezzanine loans, second mortgages, and B-notes. Our borrowers are experienced, local and regional, middle market developers and operators with successful track records. These transactions typically have a value add component and one to three year investment periods, with fully capitalized business plans. The subject real estate is typically well located in primary and secondary markets. By investing with qualified sponsorship and well located real estate, we provide an efficient cost of capital and enable our borrowers to achieve their investment objectives.

Performing and Non-performing Note Acquisitions
We acquire performing and non-performing whole loans, B-notes and mezzanine loans secured by all asset classes of commercial real estate. These notes are either fixed or floating rate, have remaining terms of one to ten years, and are typically purchased at a discount. While maintaining disciplined underwriting standards, we will invest our capital at an attractive basis relative to the present value of the underlying collateral.

For more information, please contact Nancy E. Hirschbach

Nancy E. Hirschbach
Forman Capital LLC
2875 South Ocean Blvd., Suite 200
Palm Beach, Florida 33480
Direct: 561.578.8634
Mobile: 310-739-5120
nhirschbach@formancap.com
www.formancap.com
A direct, balance sheet lender for commercial real estate properties

Gifts Received

Nancy E. Hirschbach's Page

Profile Information

Comment Wall

You need to be a member of Real Estate Finance to add comments!