Investors have different strategies that range from maximizing free cash flow to tax minimization. Whether acquiring a property with a credit-tenant or repositioning an asset that requires a greater deal of flexibility, we work with investors to understand their goals and find lenders that have a proven track record of executing on those needs. There are recourse options available depending on the overall characteristics of the credit request which may include: full, limited, prorata, and non-recourse.
51% or greater of the property will be occupied by the owner of the property.
Source of repayment for the loan is rents received by tenants of the property.
New project or repositioning an existing project.
Repositioning or waiting for property to lease up fully before going to the permanent market or other take-out source.
Maximizing free cash flow is important to many investors. The absence of principal payments can increase cash on cash returns and/or acquire other assets.
Guidance lines or construction loans for spec and development projects.
Special purpose properties(car washes, funeral homes, car dealerships, etc).