Archive

Posts Tagged ‘Investment Property’

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 – 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 – 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