Archive

Archive for the ‘Commercial Real Estate’ Category

Case Study – CRE Refinance

OPPORTUNITY: Refinance 89,300 sq ft retail property in Downtown LA, CA.

PROFESSION: CRE NET WORTH: $39MM

SOLUTION: 7/30 Fixed Rate Loan at 4.30%/5 year IO

Value: $15,900,000

Loan: $10,450,000

DSCR: 1.38x LTV: 65% DEBT YIELD: 8.84%

CLOSED

If you have a similar case, or question, please e-mail Craig Isaac at craig.Isaac@bancofcal.com

Case Study – Construction Loan

OPPORTUNITY: Construction financing to build 4 high-end townhomes in Brentwood on investment property valued at $3,150,000.

PROFESSION: WHOLESALE/CRE NET WORTH: $126MM

SOLUTION: 24 Month Interest Only IORE Secured Construction Loan

Estimated Sales Price: $11,929,500 ($675 to $700 per sq ft)

Loan: $5,140,000

GDSCR: 1.38 LTV: 55%

OPEN

If you have a similar case, or question, please e-mail me on ceisaac@ymail.com

Case Study – Commercial Real Estate Refinance

OPPORTUNITY: Refinance 49,951 sq ft industrial property in Vernon, CA.

PROFESSION: Wholesale/CRE NET WORTH: $126MM

SOLUTION: Libor based variable rate 7/25 loan fixed by an Interest Rate Swap

Value: $5,000,000

Loan: $3,000,000

DSCR: 1.54x LTV: 60% DEBT YIELD: 9.6%

OPEN

If you have a similar case, or question, please e-mail me on privatebanker@facebook.com

Consult with me on Maven