Phone: 817.673.0427
Address: 4317 Alconbury Ln Houston, Texas 77021
Email: info@commercialhardcapital.com
Website: http://www.commercialhardcapital.com
States They Lend In: Nationwide
Funding Guidelines:
We begin the funding process by carefully evaluating the conditions and components of a given project. This minimizes and mitigates as much risk as possible for our capital partners based on the funding guidelines below:
Funding Range:
$1 million to $70 million (+/-)
Loan to Value/Cost (LTV/LTC):
up to 70% Bridge, 90% Permanent,
Purpose:
Acquisitions, Refinance, Renovations,
Partner Buy outs and Cash outs,
Discounted loan payoffs, Working Capital
(The CHC Edge™) see below
Debt or Equity Structures:
Bridge/Hard Money, Permanent, Mezzanine,
Apartment Joint Ventures (case by case)
Location:
Nationwide: primary and secondary markets
International:
case by case
Origination Fees:(risk adjusted)
2 to 7% (+/-)
Pricing:
(risk adjusted)
Bridge/Hard:
5 to 12% io (+/-)
Permanent:
Libor/Prime + pi
Term Horizon:
Bridge/Hard:1 to 3 yrs (w/extension options)
Mini-Perm/Permanent: 10 to 30(+/-)yrs w/15 to 30(+/-) ams
Asset Class:
Multifamily, Hospitality, Office, Retail, Medical, Industrial, Business,
Senior/Student Housing, Land, Churches, Mixed Use, Self Storage,
Special purpose, Oil & Gas, Gas Stations, Golf Courses, Restaurants
Note/Loan Portfolios:
Single notes, Performing and Non-Performing loan portfolios
of Multifamily, Retail, Multi-tenant Industrial and Office
Residential or Commercial entitled land (raw, partially finished or finished)
Partially completed residential developments including fractured condominiums
Sponsor's Equity:
20% to 40% (+/-)
Joseph says
I want to have a conversation about a deal l want a Hard money Lender to Fund it for me.