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Our
Specialty:
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Quick
close private financing
Non-institutional
and non-regulated capital
More
flexible than institutional debt
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Loan
Types:
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Ø
Short term bridge
loans
Ø
Quick close
opportunities
Ø
Land development
loans
Ø
Equity cash out
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Ø
Building
acquisitions
Ø
Construction loans
Ø
Foreclosures
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Property
Types:
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Ø
Single
Family Residential construction loans for speculative purposes in
coastal counties of Southern California.
Ø
Industrial
Buildings in established business parks located in California,
Arizona, Nevada and Utah.
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Speed:
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Closing
in 10 days, faster if necessary
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Loan
Amount:
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$1,000,000
- $30,000,000
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LTV:
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Up
to 70% of reasonable property value
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Interest
Rate:
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10%
- 14% depending on risk
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Points:
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2
- 4 points depending on risk
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Term:
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Typically
one year, extensions available
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Recourse:
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Usually
required although non-recourse is available
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Easy
Process:
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Appraisals
not always needed
No
up-front fees
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