Purchase of office, retail or industrial buildings, refinance an existing commercial real estate loan , Residential and commercial real estate projects and more
We offer both mezzanine debt and preferred equity, these are both types of financing used in commercial real estate (CRE) to fill funding gaps. They are both considered junior debt, meaning they are subordinate to senior debt.
These loans provide substantial funding for large real estate projects.
Commercial real estate is defined as income-producing properties. On the one hand, there is a rental property, which produces income through monthly payments by tenants. On the other is commercial property, like office buildings or restaurants, used to produce profit through their business activities.
Michael is a real estate investor acquiring a multi-tenant retail center in Houston, TX for $3.5 million. Since the property has a few vacant units, traditional lenders won’t approve long-term financing. To move forward with the purchase, Michael secures a commercial bridge loan from Sterling Capital Partners, covering 75% loan-to-value (LTV) with a 24-month interest-only term at 9%. This allows him to complete minor renovations, lease up the vacant space, and stabilize the property’s income. Once occupancy reaches the target level, Michael plans to refinance into a long-term commercial mortgage at a lower interest rate, maximizing cash flow and property value.
Work Hours :
Subscribe our newsletter to get our latest update & news
Copyright 2023 © All Right Reserved Design by Rometheme