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Archive for the ‘Term Loan’ Category

Case Study – CRE Loan/Business HELOC

OPPORTUNITY: Purchase 6,382 sq ft creative office space in Santa Monica, CA.

PROFESSION: Jewelry/CRE NET WORTH: $100MM

SOLUTION: 5 Year Prime based variable rate Interest only loan/
5 Year Business HELOC

Value: $4,300,000

Down Payment: $500,000

Loan: $2,000,000

DSCR: 1.40x LTV: 47% DEBT YIELD: 14.99%

RLOC: $3,000,000

DSCR: 2.81x LTV: 60%

OPEN

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

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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 me on privatebanker@facebook.com

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Case Study – Commercial Real Estate Purchase

November 5, 2013 Leave a comment

helocOPPORTUNITY: Purchase and development of a 13,901 sq ft Walmart shadowed anchored retail space in AZ.

PROFESSION: CRE  NET WORTH: $39MM

SOLUTION: Libor based variable rate 3/25 loan with an Interest Rate Swap

Value: $3,550,000

Loan: $2,485,000

DSCR: 1.62 (1.41) LTV: 70% DEBT YIELD: 10.4% (9.1%)

OPPORTUNITY (upon purchase): Construction financing for pad

Loan: $900,000

SOLUTION: Construction Loan

OPEN

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

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