Real Estate Financing

Real Estate Funding Types

Apartments Bridge Loans Churches Construction Financing Condo and Town Home Developments Congregate Care Facility Factories Full Service Major Flagged Hotels Golf Courses Growth Capital Hard Money Hospitals Industrial Warehouses International Joint Ventures Joint Venture Financing Land Loans Manufacturing Plants Marinas Master Planned Communities

Medical Office Mezzanine Financing Mixed Use Mobile Home Parks Multi-Family Nursing Homes Office Buildings 100% LTC Loans Parking Structures Permanent Financing Project Financing Residential Development Resorts Retail (both anchored and unanchored) Self Storage Facilities Senior Housing Shopping Centers Strip Malls Theme Parks and more...

Acquisition - An acquisition loan is used to acquire commercial property using the loan proceeds. This can include improved lots to already constructed and operating property. Loan size- $500K to $1B worldwide; amortization- 15 to 30 year schedules; variable and fixed interest rates available (verify current rates); purchases- 80% of purchase price; loan to value- 75% on most products; debt service coverage- apartments (multi-family) 1.15, commercial- 1.20; assumable for most scenarios; closing time- 45 to 60 days from the receipt of the complete package and supporting documents.

Acquisition and Development - Loans to both acquire and develop real property to an improved state. Voucher control is set up to disperse loan proceeds with interest only paid on the funds distributed. We can typically go to 75% loan to cost or 80% loan to value, whichever is less. We can typically provide a 2 to 3 year loan term for the construction, a 3 year mini-perm loan to stabilize the project, and permanent financing at the end. The permanent financing will vary by property type but usually we can provide a 30 year amortization and 10 year fixed rate financing that is a margin range of 1.85 to 2.50 over the 10-year Treasury.

Asset Based - Loans for any purpose whereby collateral is put up for security. ASSET TYPES: Commercial Real Estate, Equipment, Assignable Assets, Stocks, Bonds, Sports Contracts, Precious Metals, Accounts Receivable, Cash, Fine Arts, etc. TYPES OF LOANS: Acquisition loans, Bridge loans, Development loans, Gap financing, Interim financing, Mezzanine financing, 2nd and 3rd mortgages, Short-term credit resolution, Project rescue funds for emergency situations, Factoring of accounts receivable; LOAN AMOUNT RANGE: $500,000 TO $50,000,000.

Bankruptcy - “Debtor in Possession” financing on real property assets until institutional financing is available or the sale of the asset occurs. $500K to $25M.

Bridge Loan - A bridge loan is a loan that is used for a short duration of time until permanent financing is put in place. Bridge loans are a perfect solution to a timely acquisition or business opportunity because they allow a purchaser or investor to act quickly. These loans can be used for acquisition, buy-outs, foreclosures, cash out and construction purposes. It is a form of short-term financing made for 1 month to 12 months (extensions are possible); up to 36 months, up to 90% financing; loan range from $500K to $50M.

Construction - A construction loan is a loan used to construct a building or other improvements of real property, with the land and improvements as collateral for the loan. Construction reserve accounts are generally maintained to disburse the money as the construction progresses. Up to 100% of the cost of the construction is available depending on the improved value.

Hard Money - For the following loan purposes: Acquisition, Raw Land, Bridge Financing, Construction, Bankruptcy Discharge, Refinance, Equity Recapture, Pending Foreclosure, and Poor Credit / Late Pay etc. will be considered; after approval, fast funding in days, when needed, on any type of commercial real estate project; credit challenges not a problem, all requests will be considered; loan amounts: $350,000 to $10,000,000 per project; TERM: 1 to 3 Years; LTV: 50 to 70%; Full-recourse; INTEREST RATE: from 13% to 18%; Points can range from 6 to 10+, depending on the specific property, the borrowers credit and the loan amount; with NO PRE-PAYMENT PENALTY; Funding: from 20 to 45 working days from the receipt of the complete package and supporting documents.

Joint Venture Financing - CFI has access to many sources and providers of joint venture financing. This type of real estate funding is a means of structuring a mortgage and private, accredited equity. This use of other peoples money (OPM) and their balance sheet can help the Client utilize leverage, minimize their cash input, help get their immediate project funded, and free up their cash reserves for other projects as well. This is achieved by creating a team between the Client with the project together with a Lender/Investor with the added financial capacity. Our sources have the expertise and relationships necessary to secure equity for real estate projects that make sense, whether it involves a single transaction or an entire portfolio. Typically, the range of funding can be from $500K to $500M and larger.

100% Loan to Cost Loan - Commercial Funding International, LLC has developed a strategic alliance with a Direct USA Lender making up to 100% Loan to Cost commercial real estate bridge loans for apartments, retail, office, industrial, self-storage and condominium conversions. This is not Joint Venture financing where the Applicant has to give up ownership... but it is a loan. The Direct Lender will process and "cherry pick" the funding requests looking to typically fund projects that show at least a 25% cash on cash return within 2 years.

Mezzanine - A mezzanine loan is a loan that is subordinate to a primary lender but it is debt that gives the Client the ability to drive the total financing to a higher leverage level, as compared to traditional bank financing alone (typical CLTV is 85% to 90%; in some cases, up to 95%). Mezzanine financing has become a common methodology to secure supplementary financing for real estate acquisitions and development projects. A mezzanine loan can be a freestanding loan that can be used for an existing property/properties or for properties that are under construction and the mezzanine loan can be secured by a second mortgage or a pledge of partnership interests. This is typical in cases where the primary mortgage or construction loan equity requirements are larger than 10%. The mezzanine loan provides additional funding when the first mortgage is at the maximum loan amount; the mezzanine loan amount can be $1M and larger; the preference is $3M to $30M; larger transactions will be considered on a case-by-case basis.

Raw Commercial Land - unimproved real property. From lots to large acreage. Normally raw land is valued at a 90-day “quick sale” price to determine loan to value ratios (50% to 65%); loan amounts from $500K to $25M.

IMPORTANT: If you are serious about securing funding, please go to the Contact US page and read the procedures first. Then, please email or fax us a 1 to 5 page Executive Overview. Thank you. We look forward to earning your business.

Also, Brokers/Consultants are welcomed, appreciated, and protected!

Commercial Funding International, LLC
Mr. Jerry O'Neill, Managing Director

“Service to help you capitalize your opportunities."

tel: (503) 245-2789
fax: (503) 213-7875

email: info@commercialfundinginternational.com

Commercial Funding International and CFI are a Trademarks of Commercial Funding International, LLC.