Many Times, You Get What You Pay For…

As a professional in the field of lending, I often chuckle at those who make application for loans totaling millions of dollars who then argue the smallest of fees.  Many times we are dealing with sponsors or borrowers who have paid brokers large sums of money  to represent them, only to balk at the lenders request for a deposit for third-party fees.

Most of the times this happens with bridge loans.  As an example, our bridge lending client’s provide up ...

Continue Reading →
0

Multifamily Finance and Small Balance Loans

Multifamily Finance

“I just can’t find anybody that is interested in my loan!” He was distraught, frustrated and incredulous as he described how his banking relationship of 15 years had denied his loan. “We’re sorry, multifamily finance is not in our wheelhouse. We like cash deposit accounts, payment card servicing, credit cards … but to do what you’re asking … the regulations ….” He said his personal banker rattled off a plethora of reasons why he couldn’t help.

The reason for this ...

Continue Reading →
0

Commercial Bridge Loan Success Strategy

Commercial bridge loan financing is easy to obtain for the right types of projects that include a focus on a solid turnaround plan or exit strategy. Many commercial real estate investors and professionals find great deals, are adept at negotiating an aggressive price, and are able to develop a viable plan for rehabilitating and re-positioning a project. Unfortunately, many stop there and fail to find funding because they don’t have an effective or believable plan for stabilization.

apartment building 2

Continue Reading →
0

Multifamily Acquisition Loans & Apartment Loan Refinance

Multifamily Acquisition Loans & Apartment Loan Refinance – The Big Easy

Multifamily Acquisition Loans

In recent years it has been tough to get any type of financing and when financing was offered the down payments and sponsor equity requirements were as high as 35%.  However, today’s multifamily acquisition loans can be very attractive with loan to value ratios as high 80% and with interest rates below 4% on a 30-year amortization with 3-, 5- and even 7-year fixed periods!

For the multifamily investors ...

Continue Reading →
0

Bridge Loan to Perm Financing

Bridge Loan and Permanent Financing – How does it work?

Bridge loan to perm financing was a huge strategy back in the heyday of commercial lending and the fast paced economy in the early 2000’s, however the economic collapse saw this lending strategy fade away.  With a resurgence of capital in the commercial lending and multifamily residential finance arena.

A bridge loan can be used to close on a property quickly and take advantage of a distress seller situation or ...

Continue Reading →
0

Hospitality Financing – The Hotel Loan

Hospitality Financing

Hospitality Financing for hotels in 2015 was tough to say the least.  However, with continued improvement in employment data loans for hotels and motels should come back fairly rapidly.  In general, unlike a hotel loan, hospitality financing for restaurants will remain stagnant save those loans in the working capital category.

The Hotel Loan

One category of hospitality financing that will be especially hot in the coming year is the hotel loan.  Hotels in the select service category, those properties with ...

Continue Reading →
0

Multifamily Acquisition and Rehab – Bridge Loans

Multifamily Acquisition and Rebab Loan

Multifamily Acquisition and rehab loan opportunities are everywhere and even with the heated multifamily markets and ballooning values for apartment buildings lenders are eager to lend on the acquisition and rehabilitation of multifamily developments, apartment complexes and apartment buildings.

Bridge 6Bridge Loans for Multifamily and Apartments

Bridge loans for multifamily and apartments are the most ...

Continue Reading →
0

Commercial Real Estate Loans – Apartment Acquisitions

Commercial Real Estate Loans for Apartment Acquisitions

Commercial real estate loans for apartment building and apartment complex acquisitions are available in several tiered financing types.  Today I want to focus on what is considered Apartment finance lending versus more sophisticated multifamily financing.

Essentially commercial real estate loans for apartments fall into two categories, those loan amounts below $1 million and those loans amounts from $1 million to $5million.  There is a distinct difference in terms and it’s good to know these things ...

Continue Reading →
0

Apartment Loans – Small Balance Financing

Apartment Loans – Small Balance Financing

Apartment loans from $1 million to $5 million are available at phenomenal rates and terms.  Nonrecourse so you can add investors or do a 1031 exchange.  Amortization periods of 30 years so your payment are lower. Fixed periods of 5 to 10 years and some of the lowest fees in the industry.

A small balance apartment loan from Dividend America Commercial Lending is helping with pulling cash out of apartment buildings and multifamily developments ...

Continue Reading →
0

Hotel Loans and Hospitality Financing

Hotel Loans and Hospitality Financing Fast and Flexible!

Hotel loans and hospitality financing is becoming fast and flexible with new avenues opening up to help get new projects off the ground and to help those operators that want to buy more properties obtain the capital to do so.  With hotel loans and hospitality financing from DACL hotel operators can pull cash out to perform a PIP, as a down payment for a purchase or to consolidate debt.

Available capital for acquisitions through ...

Continue Reading →
0
Page 1 of 6 12345...»