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MMPRES - LENDING PARAMETERS |
*3) Updated Aug 2011 Medical financing Program - Another Quick Close product geared towards Doctors, Dentists, Veterinary Professionals - (Typical close - 4 to 30 days]. - [
*2) Updated Aug 2011 - For latest on these Funding, contact our office directly (click here) or Click here to request for this funding!Current Sources: Own, Private Equity Funds, Hedge funds ($500k to $100m+), Walls Street ($500k to $25m+); SBA's, USDA, Conventional, FHA; Sources for Niche and special purpose products ($500k and $5m), Sources for Small Balance Commercial funds (Typical $100k to $400k or even greater - One of our specific lender funds between $1m-$25m. Specific lender for Apartments - $500k - $5m; Super Hard Money $50k to $1m for Small Businesses. Bridge Funds $50m + for Apartments; Small Balance Loans ($50k - $1m).
Currently Funding: - Real Estate, Start-ups, Apartments/Multi-housing, Student Housing, Senior Living, Assisted living, Health Care, Medical offices (Doctors/Dentist), Medical financing, Hotels, Mobile Home Parks, RV Parks, Warehouse, Self storage, Industrial, Convenience stores, Restaurants, Business Only Loans, Working Capital, Useful-life equipments, Gas Stations, Land, Churches, Major/Listed Franchise and more!
Debtor in Possession Financing: We are now funding Debtor in Possession financing (DIP). This is a special form of financing granted to companies in financial trouble. Usually these companies are in Chapter 11 bankruptcy. The unique feature of a DIP loan is that the bankruptcy court usually grants a super-priority status to the new loan. This means that the new loan gets to jump in front of any mezzanine financing and any senior mortgages in the debt stack.Debtor in Possession financing is a powerful tool available to companies that require new financing in order to restructure successfully but due to the complex nature of Chapter 11, DIP financing requires a lender with specialized knowledge and experience. We are that lender...
In the case of DIP financing we would look to have the following docs:
(a) Copy of Original Operating Agreement / Entity Docs. (b) Copy of the Bankruptcy filing. (c) Financials of the property. (d) Details of the debt stack.
We would also like to know how the DIP loan would be used and the proposed plan of action once out of BK. The Bankruptcy Judge will provide a letter stipulating a loan amount and timeframe to find a new loan. - So Get in touch with us ASAP and get experts to help you NOW - Click here
*1) Updated Aug 2011 with other Specific Hedge Funds: Current Commercial funding Range:$2m - $30m+ For following Property types and locations [
(1) Current Net Opereting Income NOI; (2) ProForma/Stabilized NOI achievable; (3) Current Occupancy; (4) Proforma/Stabilized occupancy (5) What is the current/asking price of this Asset; (6) How much are you looking to borrow; (7) How are you going to use all funds you put into this asset - including borrowed funds; (8) Are you going to Refiance it or sell it within next 36 months or if more let us know when? (9) Tells us (briefly in one para.) what is the story behind this assest and how do you propose to change it. Click here to let us now - and don't forget to give us the above information as a minimum! - This will be a GREAT HELP to both of US, and will make your request much faster to process! - Click here and start the process
Eligible Property Types |
Geography (Tier 1 Markets in US) |
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Multi-family Apartments Grocery Anchored Retail Shopping Centers Mixed Use CBD Office Suburban Office Medical Office Student Housing Warehouses / Distribution / Flex Flagged Hotels Parking Garage Self Storage Fractured Condos (Unit Inventory Loans) |
Multi-family anywhere in USA
OTHER TIER 1 MARKETS WITH 500,000+
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All First Mortgages: Sizes ($2,000,000 - $30,000,000+)
First Mortgages |
Purchasing Distressed Debt |
Financing Third Parties
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Loan to Value Ratio Up to 75% Interest Rate 10 - 14% Term 1 - 3 years Amortization Interest Only Recourse Preferred Origination Fee 2 - 3 Points Exit Fee None Extensions Yes Extension Fee 1/2 - 1 Point Borrowing Entity Special Purpose Entity |
Loan to Value Ratio Up to 75% Interest Rate TBD Term 1 - 5 Years Amortization TBD Recourse TBD Origination Fee 2 - 3 Points Exit Fee None Extensions Yes Extension Fee 1/2 - 1 Point Borrowing Entity Special Purpose Entity |
Loan to Value Ratio Up to 75% Interest Rate TBD Term 1 - 5 Years Amortization TBD Recourse TBD Origination Fee 2 - 3 Points Exit Fee None Extensions Yes Extension Fee 1/2 - 1 Point Borrowing Entity Special Purpose Entity |
MMPRES CAPITAL, LLC, Suwanee GA