Archive

Posts Tagged ‘commercial real estate’

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 – 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

Case Study – CRE Refinance and Cash Out on CRE

helocOPPORTUNITY: Having sold corporation to a public company, request to refinance existing $305,000 RLOC secured by owner occupied commercial real estate that houses operating company. Borrower requesting to consolidate existing $700,000 Unsecured RLOC into one facility.

PROFESSION: Entertainment  NET WORTH: $12MM

SOLUTION: Accommodate change of property from owner occupied to investor owned real estate.  Provide 4/4 CRE Loan with Interest Rate Swap.

Value: $3,100,000

Loan: $1,000,000

DSCR: .99 LTV: 32% DEBT YIELD: 9%

OPEN

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