INVESTMENT CRITERIA & FOCUS
In selecting individual investments, we focus on:
- New Construction | JV Equity Participation & Waterfall | Acquisition & Renovation | Acquisition of Performing Portfolios | Cash Out on Performing Real Estate Assets only |
- Emphasis on Seasoned Developers | Strong ROI/ IRR | Strong Market Demand | Value Add Strategy |
- Emphasis on the development strategic relationships to create additional value within the portfolio
- “Out of the Box” Transactions, Developers that sought standard bank financing that seek a streamline reliable alternative to the dysfunctional credit markets
- US | Canada | Caribbean | Central & South America | Europe
- Markets: Primary, Secondary, Tertiary
BUSINESS MODEL & PHILOSOPHY | INVESTING
- By harnessing expertise and resources from Family Office and affiliates that aims to generate sustainable returns and build businesses | The investments are made for the long term | Equity Fund will be an active diligent partner
SECTORS | PROJECT-ASSET FOCUS
- Commercial Developments | Multi Family | Affordable Housing | Net Zero Housing | Build to Lease- Build to Sell
- Office | Retail | Mixed Use | Industrial | Self Storage
- Healthcare & Medical | Med Spa
- Restaurant | Resorts | Hospitality | Hotel & Motel
- Renewable Energy | Private- Public Partnerships
- Institutional Development | Housing & Education
- Developer Projects- commercial & residential
- High End Developments | For Sale Units must exhibit strong pre- sales | For Lease/ Rent- Shovel Ready as ideal transactions
- NNN Construction , Single Tenant & Multi -Tenant
INVESTMENT SIZE | LTC/LTV
- Minimum: $2 Million USD
- Sweet Spot: $15-25 Million USD | Larger Transactions on case by case basis | Projects location ( Case by Case) based on Experienced Principals, Sponsorship Strength, Type of Project, Pre- Entitlement or Entitled shovel ready ( preferred)
- Typical Rates from 4.25 to 5.99% Interest Only for 1st 2 years and balance of 5 year term Principal & Interest | 5 year terms- Renewable | Amortizations 5-25 years.
- Rates and terms may fluctuate based on market conditions, Strength of Borrowers(s) and proximity of Investment
- All Refinance Transactions from up to 90% LTV | All Acquisition- Renovation, New Construction from 75%-90% LTC
- Terms: Typical Credit Facility from 75% LTC/LTV, any transactions requiring mezzanine strip above 75%, the equity participation will range from 20%-33.5% passive revenue to Fund & Loan Servicer.
CREDIT FACILITY FOR INVESTMENT PROVIDED BY INVESTOR- FAMILY OFFICE: OVER $1 BILLION USD UNDER MANAGEMENT
- Experience Private Lenders with Seasoned Management team | Flexible Underwriting | Streamlined & Efficient | Fast Closings | Competitive Rates & Terms | All decisions made and funded internally | Balance Sheet Lenders
LOAN CRITERIA:
- 1ST Trust Deed on Real Estate and Project Assets
- Corporate Loans include equipment, and UCC filing of contracts from Vendor and its Client
- Maximum submission : 2 Projects by Same Sponser
- Non- Recourse to 40% LTC/LTV | Personal Guarantees/ Corporate Guarantee applicable from 40-90% LTC/LTV
- Lender Admin: 1% Due at approved Commitment by Client and legal counsel | and 1% deducted at closing from proceeds.
- Loan Servicer: from .50% to 1% advisory
- Average Closing from 45 days is typical
- Brokers Protected | Procedure- After Client provided NDA Disclosure is signed with Parties and Loan Servicer; Submit with fee agreement arranged with Client, Executive Summary, Each Borrower & Companys’ Supporting Financial Statements Snapshot and Credit Profile & Request for Financing | Term Sheet to Commitment from 5-10 days
To learn more about this program call me at 214-432-0611 or complete form at http://www.EdwardCrowder.com
Ed Crowder 