Large Cap Commercial Project Funding!!!! |
Jul. 2, 2008
Tagged with: commercial financing, commercial funding, commercial loans, large cap commercial project funding
Large Cap commercial projects. The fund is at the 90 day LIBOR plus 1.5% on a 5 year program, as the rate.
Please contact:
Brynn Sorenson
A-new Mortgage
414-241-3100
brynn@a-newmortgage.com
www.a-newmortgage.com/
The standard terms of the loan based on future value are:
4.41% rate (note rate is based on the 90 day Libor rate) plus 8.25 total points, 5 year
term, with renewable five years option, if required and up to 90% loan to value,
and 10% of the requested loan to be placed into escrow. (Note:
bridge loans may be available for the 10%), minimum loans are required to begin @
ten million. Time of funding is 45 - 60 days with 30 days for the bridge loan.
We currently have over 80 projects ..... for about $15.5 billion in process!
Some are as follows:
1. $400 MM theme park
2. $50 MM line in Australia
3. $25 MM mixed use condo/business project in AZ
4. $15 MM condo project in San Francisco
5. $24 MM building purchase in Michigan
6. $180 MM residential project in UT
7. $78 MM residential project in SC
8. $30 MM hotel resort in Costa Rica
9. $25 MM diamond mine in Africa
10. $25 MM flag hotel
11. $650 MM casino
12. $10 Billion casino on the Vegas strip
