We provide our clients with an unique experience by providing them with a transaction structure that makes sense to both the institutional investors and the clients. There are no trial and error experiments. We do it right at the first time.
Debt & Equity
CMBS/Conduit
We provide competitive CMBS / Conduit financing options for income producing properties such as multifamily, office, retail, industrial and hospitality properties in domestic U.S. and Canada.
Hospitality
An unique portfolio hotel financing option is offered through its Hospitality lending program. The program focuses on mature hospitality properties in the United States, United Kingdom and most of the European markets.
Small Balance Multifamily Loan
Case 1
Purpose of Loan Refinance
Property Type 17-Unit Multifamily Property
Issues The main issue on the loan is the borrower’s tax returns. To avoid taxes, the borrower had decided to report only partial income received from the property and had inflated the operating expenses by several times, resulting in a loss of the operation when in fact, the property’s operation is quite healthy. We underwrote the deal using the Agency Microloan program which allowed us to write the loan strictly based on the property’s actual operation and therefore, ignored the use of tax returns. Under the Microloan program, tax returns are not a due diligence item. We were able to lower the rate by 2% from the existing loan and effectively lowering the borrower’s monthly payment by 40%.
Bridge
The institutional Bridge Loan Program offers its clients an opportunity to take advantage of the current market condition when properties are being offered at a discount. With a clear exit, the transactions can often be funded within a few working days. This program is available for properties located within the continental United States.
Case 1
Purpose of Loan Acquisition
Property Tyep Office
Issues The borrower came to us with only 15 days remained on the contract. Her application to the local bank we delayed for two months due to the vacancy on the second floor which represented 50% of the NRSF. The tenant on the first floor is a national tenant with long term lease and the borrower intends to move her business to the second floor. Based on the property’s current value and the cash flow generated from the first floor tenant, we were able to approve the loan within hours upon receipt of the application. All due diligence were completed within 72 hours and we were able to close and successfully fund the loan in for working days.
Case 2: Institutional Bridge Loan
Purpose of Loan Acquisition
Property Type Single Tenant (Non-Credit) Building being used as a college
Issues The key issues on this transaction are (i) the tenant is not credit rated; (ii) the property has been renovated and rebuilt specifically for the sole purpose of serving as the main campus of a national for-profit college, the alternative use is limited; (iii) aggressive LTV. Based on the recent investment made by both the seller and the tenant in capital improvements, we were comfortable with the property’s equity position. Based on the potential income, we structured a two tier loan with a senior loan at 75% and a mezzanine loan for an additional 10% and making the total loan amount with a CLTV at 85% based on the total transaction costs. The borrower is a newly formed investment vehicle with third party investors and therefore, the loan is structured as a non-recourse loan with standard carved-outs.
Mezzanine/Preferred Equity
Our institutional Mezzanine / Preferred Equity Loan Program offers the sponsors access to proceeds not available by conventional lending. This Mezzanine / Preferred Equity program available to both new and existing loan portfolios.
We Have Access to the Small Business Loan Exchange With 100 + Banking Partners available to you and Funding in all 50 states.
Our Goal: To Help Small Businesses to Increase Their Income and Save Money Through Government Guaranteed Financing.
Benefits of SBA Financing
#1 Benefit; Access to Capital
Longer terms 7 to 25 Years
Competitive Interest Rates
Easier Qualifying Guidelines
Lower Payments
Start up and Established Business’ OK
Low Down Payment, 10% to 30%
Can be Assumable, SBA Approval