Www bartprivatebanking-com
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This document provides lending parameters for commercial real estate loans. It lists eligible property types that include multi-family, retail, office, medical, student housing, industrial, hotels, parking, and self-storage. The geography is limited to major US markets. First mortgages between $2-30 million are considered with loan-to-value up to 75% and interest rates of 10-14%. The document also mentions that the lender provides debtor-in-possession financing for companies in financial trouble, which receives super-priority over other debts. Interested parties can request loans or get more information through the contact page.
Www bartprivatebanking-com
- 1. Home Lending Parameters PLN™ Investors Request Commercial Loan Investor Questionnaire Contact Us Eligible Property Types Geography (Tier 1 Markets in US) Multi-family Apartments Multi-family anywhere in USA Grocery Anchored Retail Shopping Centers New York City Houston Mixed Use New York - Metro Los Angeles CBD Office Boston Miami Suburban Office Philadelphia Memphis Medical Office Washington DC Nashville Student Housing Atlanta Phoenix Warehouses / Distribution / Flex Austin Portland Flagged Hotels Charlotte San Diego Parking Garage Chicago San Francisco Self Storage Dallas Salt Lake City Condo Unit Inventory Loans Denver Seattle OTHER TIER 1 MARKETS WITH 500,000+ MSA CONSIDERED All First Mortgages: Loan / Deal Sizes ($2,000,000 - $30,000,000+) First Mortgages Purchasing Distressed Debt Financing Third Parties Purchasing Distressed Debt Loan to Value Ratio Up to 75% Loan to Value Ratio Up to 75% Loan to Value Ratio Up to 75% Interest Rate 10 - 14% Interest Rate TBD Interest Rate TBD Term 1 - 3 years Term 1 - 5 Years Term 1 - 5 Years Amortization Interest Only Amortization TBD Amortization TBD Recourse Preferred Recourse TBD Recourse TBD Origination Fee 2 - 3 Points Origination Fee 2 - 3 Points Origination Fee 2 - 3 Points Exit Fee None Exit Fee None Exit Fee None Extensions Yes Extensions Yes Extensions Yes Extension Fee 1/2 - 1 Point Extension Fee 1/2 - 1 Point Extension Fee 1/2 - 1 Point Borrowing Entity Special Purpose Entity Borrowing Entity Special Purpose Entity Borrowing Entity Special Purpose Entity We are now funding Debtor in Possession financing (DIP financing). This is a special form of financing granted to companies in financial trouble. Usually these companies are in a Chapter 11 bankruptcy. The unique feature of a DIP loan is that the bankruptcy court usually grants a super-priority status to the new loan. This means that the new loan gets to jump in front of any mezzanine financing and any senior mortgages in the debt stack. Bart Business Group has experience in these types of projects and can provide DIP financing. Please go to the Contact Us page if you are interested in securing such financing. Click Here To Request A Loan Get a Website Tell a Friend Bookmark This Website Copyright © 2012 - All Rights Reserved converted by Web2PDFConvert.com