Artemis Realty Capital

Phone:  602.381.0238

Address: 2525 E. Camelback Rd., Suite 1050 Phoenix, Arizona 85016

Website: http://www.artemisrealtycapitalllc.com/

Email: [email protected]

States They Lend In: Arizona, California, Nevada, Texas, Utah, Colorado

 

Artemis Realty Capital, LLC is a Phoenix, Arizona based private direct commercial real estate lender that provides short-term loans secured by certain types of commercial real estate throughout the Southwestern United States.

 

Bridge Financing

 

Artemis is very active in providing bridge financing collateralized by a senior lien on the underlying real estate asset. Loans can range from $1 Million to $25 Million with terms from 30 days to 3 years. Each loan is unique in that it can include interest coupons structured as current pay or accrual and amortization schedules ranging from interest only to fully amortizing. Artemis's financing can be utilized by owner/operators of real estate (i) to complete new acquisitions or developments; (ii) to recapitalize existing assets; (iii) to repurchase existing debt from current lenders; (iv) to acquire existing performing/non-performing mortgages; (v) to fund plans of reorganization or debtor in possession loans in the context of bankruptcy filings; (vi) for other unique financing situations.

Financing Amount: $1 Million to $25 Million

Pricing: 8% - 12%

Fees: 1 - 4 pts

Term: Up to 3 years

Amortization: Interest only or Amortizing

Security: First Mortgage Lien

LTC: Up to 80% (sponsor and asset specific)

LTV: Up to 75% (sponsor and asset specific)

Lockout: Deal Specific

Asset Class: All types of commercial real estate

 

Mezzanine Financing

 

Artemis Realty Capital provides mezzanine financing collateralized by either a direct lien on the underlying real estate or a lien on the ownership interest in real estate. Loans can range from $1 Million to $25 Million with terms from 1 - 3 years. Each loan is unique in that it can include interest coupons structured as current pay or accrual and amortization schedules ranging from interest only to fully amortizing. Artemis's financing can be utilized by owner/operators of real estate (i) to complete new acquisitions or developments; (ii) to recapitalize existing assets; (iii) to repurchase existing debt from current lenders; (iv) to acquire existing performing/non-performing mortgages.

Financing Amount: $1 Million to $25 Million

Pricing: Rates and fees adjusted for risk and leverage

Term: Up to 3 years

Amortization: Typically not required

Security: 100% pledge of ownership interest and/or second lien

LTC: Up to 80%

Lockout: Deal Specific

Uses: Acquisition, Recapitalization, Construction, Refinancing