Home > Commercial /Project
A. Commercial R.E. Loans $100K to $1Billion
Debt Placement (Purchase / Refinance) & Equity Placement (JV and Recapitalization)
Apartment Complex Loan , Development and Land Loans , Health Care/Medical Loan ,
Hotel/Motel, Church, Storage, Retail Center, Gas Station, Office Building, Warehouse,
Bridge Loan ( HARD MONEY )
B. All Types of Projects from $100M to $1Billion.
• Start Ups ( Any Solid Business ) • Hotels • Resorts • Refineries
• Subdivision Developments ( Residential or Commercial ) • Ore Mines
• Ethanol Plants • Bio Fuels Projects • Drilling Operations • Wind Farms • Mills
. Merger and Acquisition of firms. Restructuring ( Cash Out ) or Firms.
This type of Debt or Equity financing request has to be supported by the following :
o Over all Business Plan of the project.
• Executive Summary
o Proforma Statemets - Projected Income (if applicable)
• Balance Sheet - Asset and liabilities of the project (if applicable)
o Resumes of Principals and Parterns.
• Resume of Developer and List of Projects Completed (if applicable)
o Appraisal Report (if applicable/ by an MAI Certified.
• Feasibility Study (if applicable)
o Detail of Funds already invested in the project ( Skin in the game )
• Detail Use of Funds
o Detailed and Comprehensive Exit Strategy
C. Corporate ( Acquisition , Growth or Re-Capitalization) Capital.
a) Early or late stage venture capital.
b) Growth ( Acquisition ) capital.
c) Re-Capitalization ( Selling some ownership ) capital.
Call George Tesfa, to discuss your project at 832-607-1113
|
Tip of the Day......
1)
How much loan can you be qualified for ?
Example : Net Operating Income ( Before Interest and Depreciation Expsene ) is equals to $ 150,000. Then devide this by 1.20 ( Debt to Service Ratio ) which equals to $125,000 then devide this by .06 ( 6% rate ) which equals to $ 2,083,333 ( Loan amount ). Class Dismissed......
2) What price is a fair price ?
NOI / Cap Rate = Value.
Example : NOI = $ 450,000 / year. It depends on the area but anything over 8% Cap rate is a good buy ( If you are a buyer ). In this case, $ 450,000/.08 ) = $5,625,000 ( Purchase price ). If you are a seller, cap rate below 7% is a good sell.
Loan Amount $150,000 - $100,000,000
- Up to 90% LTV / LTC
- Full Doc. or No Income Tax Papers
- 2, 3, 7 & 30 & 40 yr Fixed
- No Prepayment Penalty
- Non-recourse
- Fully Aussumable
- Fully amortized for 15, 20 ,30 & 40. yrs (with or with out balloons)
- Discretionary income may be used to meet DSCR requirements
- Debt service requirement 1.17
- 640+ credit score
- Purchase, Refinance, Cash Out & Construction.
- Prime plus 1% - 1.5% Rate.
- Closing 30 - 60 days.
APPLY-ONLINE
1-888-215-1248
|
PROPERTY CHECK LIST.
Multi Family - HUD insured multi-family and Senior Homes project loans by using FHA programs up to $ 50 Million.
- 223(a)(7) -- Refinance of an Existing FHA Insured Multifamily or Healthcare Mortgage - 85%LTV, 35 yr. Fixed.
- 221(d)(4) -- Multifamily/Apartment New Construction or Rehabilitation Program. 90% LTC, 40 yr. Fixed.
- 223(f) -- Multifamily Rental Housing Acquisition or Refinance Program. 85% LTV, 40. yr. Fixed
- 232 -- Senior Housing / Healthcare New Construction Program. 90% LTC, 40 yr. Fixed.
- 232/223(f) -- Healthcare Acquisition or Refinance Program. 85% LTV, 35yr. Fixed
- 202/223(f) -- Refinance of Elderly Housing Program. 85% LTV, 40 yr. Fixed
- 242 -- Hospital Facility Loan Program. 90% LTC , 25 yr. Fixed.
Conventional ( Non Hud Insured Loans )
Apartment ( Multi Unit ) - up to 90% LTV.
Owner Occupied - Up to 90% LTV.
Hotel - Purchase/Refi./ Const. up to 90%
Office Building - Purchase/Refi./ Const. to 80%
Retail - Purchase/Refi./ Const. to 80%
Industrial - Purchase/Refi./ Const. to 80%
Private Equity Capital Loans( R/E or Business)
Merger, Acquistion, ReCapitalization to $ 500M.
Private or State Projects - Loans to $ 500M.
All types of Projects - $ 5M to $ 500M.
Call George Tesfa, Loan Officer/ Manager @ 832-607-1113 Cell.
|
|
