Red Star Mortgage Corporation is a National Commercial Real Estate Mortgage Banking firm and sponsored institutional capital originator. We provide the absolute lowest rates, longest terms, conventional, CMBS/conduit, Life Co's, Private Placement NNN Bonds, Fannie Mae DUS, FHA/HUD, Multi-Family, Healthcare Programs all part of our platform.
We provide structured debt financing and JV equity investments for Multi-Family & Commercial properties, including acquisition, refinance, construction, bridge and permanent loans. Red Star’s deep lending capabilities and knowledge combined with its unparalleled financing expertise, enables the firm to provide customized creative financing options for our clients in the ever-changing capital markets. We are able to execute on almost any property types, loan amount and borrower scenario.
Headquartered in Philadelphia, PA, Red Star is a premier nationwide lender and exclusive direct correspondent to institutional capital, private funds and users of real estate capital. Having earned the trust of our clients and capital sources, we work diligently to secure the smartest and absolute lowest cost money for every transaction!
At this time, we are Interested in reviewing Financing Requests for the following:
Multi-Family Apartments - Nationwide from $500K to $100 Million. Coastal markets East/West special rates/program.
Office Buildings
Medical Office Buildings
Anchored Retail (Prefer Grocery/National Tenants)
Shopping Centers, Strip Centers, Free Standing Commercial Buildings
Self-Storage Facilities
SINGLE TENANT NNN (credit-investment grade) Especially Walgreen/CVS and many more!
Multi-Tenant NNN Leased
Student Housing Projects
Healthcare: Assisted Living Facilities, Skilled Nursing - Senior Housing - IL
Warehouse and Industrial - OWNER OCCUPIED or Investor Properties
Please contact us for more information and to discuss your scenario and lending needs.
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Gary Polao, Managing Director
RED STAR COMMERCIAL REAL ESTATE FUNDING
Multi-Family Housing & Healthcare Lender l CMBS Conduit
(610) 578-0715 Direct
(610) 578-0716 Fax
E-Mail: gpolao@gmail.com
For more information, contact us at 1-610-578-0715
or E-mail: gpolao@gmail.com
RED STAR MORTGAGE CORPORATION ®
Loans are subject to credit approval.
This term sheet sets out the general guidelines of the multi-family loan program and is designed as an aid to prospective borrowers and other clients. This term sheet does not represent or imply a contract or an offer to lend funds. An offer to lend funds may only be made by a written commitment letter issued by Red Star Mortgage Corporation to a prospective borrower. This term sheet is subject to change at any time without notice at the sole discretion of Red Star Mortgage Corporation. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. (3/20/2013)
Tags:
Hi Gary,
I am a Canadian entrepreneur buying US real estate through my US Based company RiMo Ventures Inc.
I have a 22 unit multifamily property under contract on the South Shore of Chicago.
I am looking for an interest only loan to complete the purchase.
I am currently performing intense due diligence verifying all facts. In the meantime,
I like to ask you, are you able to help me out with an interest only loan or do you know anyone how could?
I offer the opportunity to partake in this deal with the following terms:
Minimum loan is $50,000 USD, Maximum $300,000
- I will pay 9% annual interest only, paid monthly.
- Full capital repaid on month 24.
- Loan collateralized by shares in the building.
I only need $300,000 to make this deal happen! Email me if you’d like the full
details of this property and to express your interest. info@rimoventures.com
Looking forward to hear from you!
Thanks,
Richard
RiMo Ventures Inc.
301 W Platt St
Suite 448 Tampa,
Florida 33606
1-800-571-8308
250-578-8943
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