We're working with a family office that wants to make commercial real estate loans in amounts ranging from $300,000 to $5,000,000 or so.
USA - Most commercial property types
10-12% rate +/-
0 to 2 points lender origination - Yes , he's done loans with 0 points origination!
1 to 2 points broker
12 months average term for most commercial property loans
50% to 65% LTV +/- Up to 100% LTV for pre leased NNN developments with credit rated tenants - ground up or acquisition and TI costs.
FAST close - 1 man makes the decision
Commercial real estate bridge loans
NO UP FRONT FEES! ABSOLUTELY ZERO! Not even a good faith deposit.
He tells you what he needs as far as title, insurance, etc and you get it done.
We can co-broker with other loan facilitators on an equal 50/50 split.
info@michaellewisgroup.com 440-637-5646
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