Blog Archive

Showing posts with label development. Show all posts
Showing posts with label development. Show all posts

Thursday, July 23, 2015

DEVELOPMENT FINANCING

Commercial Construction Financing - Financing for Land Developers


  • $5 Million minimum. $10+ Million Preferred

  • Domestic and International Projects

  • Terms and structure will vary by deal*

  • Tier 1 & Tier 2 Developers Only

  • All properties and projects considered, but the deal MUST be strong

  • Just need Executive Summary to start the process

* Due to changing market conditions, rates and terms are subject to change without notice.


Please keep in mind that there are more projects needing money than money to lend so only the better deals get funded.

To find out if we can fund YOUR project, contact us today at: 863-299-2929 or 813-833-3132

Email: loans@CommercialLendingPros.com

Friday, February 20, 2009

Commercial Loans: Acquisition And Development Money Is Back

The reality is this – the Money Supply is TIGHT and it’s bound to get even TIGHTER as the economy continues to spiral downward!! If your deal is not STRONG, it will not get funded. No exceptions.

However, there are lots of solid borrowers with strong deals that can’t get funding simply because the banks and brokers they are going to don’t have any money to lend. But there is hope!!

Acquisition And Development Money Is Back And Commercial Capital, Ltd. Has Access To IT!!!

That’s right, large loans for Tier 1 and Tier 2 developers to build out resorts, hotels, industrial parks, apartment buildings, even RESIDENTIAL SUBDIVISIONS are getting done again!

The local and regional banks are unwilling or unable to lend on these projects right now and the Wall Street firms are all under investigation, living in panic mode or awaiting the next takeover or merger. And we don’t think that will change for some time. We agree that commercial lending is going to drop this year overall. That’s probably inevitable with what’s going on in the economy.

However, the BIG HEDGE FUND and PRIVATE MONEY gurus used most of last year to build up their cash reserves and they have begun to deploy it! We’re not exactly sure why, but deals that could not get done last year are getting multiple bids on them now.

Over the next 30-45 days, our organization is scheduled to close nearly $1 Billion in acquisition and development loans thru our Hedge Fund partners.

Here’s an overview of the type of projects that will qualify for funding:

  • $ 10 Million to UNLIMITED!
  • Domestic and International as well
  • Terms and structure will vary by deal
  • Tier 1 & Tier 2 Developers Only
  • All properties and projects considered, but the deal MUST be strong.
  • Must have access to the principals

Please keep in mind that there are more deals needing money than money to lend so only the better deals get funded. To find out if we can help you, just call us at: 1-863-298-8900. It costs nothing to see if we can help you!

Give us a call at: 863-298-8900 or 813-833-3132 Or visit: http://commerciallendingpros.com and fill out a Quick Loan Pre-Qual form to get a fast response to your loan scenario

Wednesday, January 14, 2009

We Are Lending! Commercial Loans Available!

Commercial Loan Update:

Wall Street lenders are still on the sidelines and the scrutiny on them will keep them there for most of this year. Local banks are in a world of hurt with most local banks just trying to survive – 86 local banks are projected to fail this year in Georgia alone. These guys are on the sideline as well.

This leaves us! We are still lending. In fact, the big hedge fund money is coming back into the market. They are even looking at residential subdivisions again – incredible. Big projects that have stalled will begin to move again. How do I know? Of the 50 commercial loans in our pipeline fully half of them are the large projects, almost $3 Billion in total loan volume. Many of these large projects are approved or close to approved – and with little or NO due diligence! Not the rip-off scams that have become prevalent! We are real lenders…we are closing loans every week.

In fact, we are the number one commercial mortgage shop in the country.

For detailed information or a specific quote on a loan scenario, give us a call at: 863-298-8900 or 813-833-3132 To fill-out a quick loan scenario Pre-Qualification form visit: http://commerciallendingpros.com

Wednesday, October 15, 2008

Financial Crisis, Bailout, What Financing is Available?

Available Commercial Financing in Today’s Uncertain Market

With the financial crisis limiting the amount of financing available, even with the bailout measures being implemented, we wanted to give you an idea of what type of deals the main lenders are looking for.

Here’s the “sweet spots” right now.

Predominantly thru our SBA 7A programs we are still funding (actually were doing more volume than ever). Owner-occupied (51%+) properties. Loan amounts $250,000 - $2,000,000. Up to 90% financing for real estate purchase or expansion (including build-out). For medical professionals we can include equipment, inventory and working capital in that 90% as well.

Apartment buildings and assisted living facilities. Minimum $2 million loan amount. Up to 85% LTV. Up to 7.5% seller held 2nd allowed. Minimum 1.25 DSCR required.

Any other multi-tenant / income producing property we will consider (no rural properties) up to 75% LTV maximum.

Accounts receivable financing. (Prefer companies with government contracts or receivables from Fortune 1000 companies). Typically, we are looking for borrowers with net worth equal to or greater than loan amount requested (as a bare minimum).

Unsecured lines of credit are pretty much dead right now.

Although “stated” income loans are still available, max LTV’s are 70% for purchases and 55% - 65% for refinances (depending on property type and borrower strength).

So call us TODAY at 863-298-8900 or visit our web site at http://CommercialLendingPros.com

Regards,

Tony DeCresie

FEATURED PROGRAMS

DEVELOPMENT FINANCING

~ $ 10 Million to UNLIMITED!
~ International as well
~ Terms and structure will vary by deal
~ Tier 1 & Tier 2 Developers Only
~ All properties and projects considered, but the deal MUST be strong...more details

HARD MONEY

~ $2 Million to $25 Million or more!
~ 1 to 3 Year Terms
~ Good exit strategies are critical
~ QUICK CLOSINGS
~ LOW OR NO DUE DILIGENCE FEES!
~ No daisy chains accepted

So call us TODAY at 863-298-8900 or visit our web site at http://CommercialLendingPros.com