The fund managers are seeking borrowers with viable construction projects who have experienced difficulty in obtaining the financing via conventional channels. The process is extremely streamlined and efficient - with minimal third party costs and lender admin fees.
New Construction Projects:
3.25% during the construction period (max 2 years)
Converts to permanent loan at 3.89% for the remainder of the 5 year first term
Minimum $3M to maximum $75M with a max of 2 projects per sponsor
LTV 75% LTC without equity participation, max LTV advance 90% with 20% Equity Participation
USA, Caribbean, Europe, Great Britain and Canada
Equity Participation and Joint Venture Program Highlights:
All decisions made and funded internally
Flexible Underwriting
Extremely competitive rates
No hidden fees / Fast Closings
Currently, $310 million available for projects
Contact me for additional information: Principals and Sponsors Only. Doug Braxton Phone: 800 230-1424 E-Mail www.braxtonandcompany.com
I have a client with several properties under contract, mainly in the New York, DC markets. Looking for equity participation and possible debt placement ?? Please contact me at: