Archive

Posts Tagged ‘lender’

Case Study – CRE Construction Loan (Long Beach)

OPPORTUNITY: Request for a commercial construction loan to renovate 80 units in 4 Class C apartment buildings in Long Beach.

BORROWER: Encore Developer

PROFESSION: Commercial Construction Development

SPONSOR/GUARANTOR: High Net Worth

SOLUTION: CRE Multi-Family Construction Loan

LOAN AMOUNT: $7,300,000

VALUE: $12,410,000 (‘stabilized’) LTC: 73% LTV: 59%

DSCR: 1.20x

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

“It is your attitude, not your aptitude, that determines your altitude.” — Zig Ziglar”
– Zig Ziglar

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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

Consult with me on Maven

Case Study – Residential Construction Loan (Santa Monica)

OPPORTUNITY: Request for a construction loan to construct new high end modular home for primary residence.

BORROWER: Individual

PROFESSION: Medical NET WORTH: Affluent

SOLUTION: Construction Loan

LOAN AMOUNT: $1,925,000

VALUE: $3,200,000 (‘subject to completion’) LTC: 63% LTV: 60%

DTI or GDSCR: N/A

OPEN

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

“You will get all you want in life, if you help other people get what they want”
– Zig Ziglar