Sources of Financing
Home ] Up ] My Way ] Automotive Chains Expand Nationwide ] Buyers & Sellers ] Convenience Stores Expanding Nationwide ] Specialty Chains Expand Nationwide ] Exclusives & Leasing Assignments ] Food Retailers Expanding Nationwide ] New Construction ] Who's Opening & Where ] Real Estate Professionals Making the News ] Lead Sheet ] [ Sources of Financing ] Space Place ]

 

Sources of Financing


Fowler Funding, LLC offers credit tenant financing for net lease buyers with transactions of at least $1 million. The company offers non-recourse funding with 100% loan-to-value for investment grade properties for which the loan term is the same as the lease term or 85% when the amortization is longer than the lease term. Amortization ranges from 10 to 20 years. Tenants must have a B2 rating. Chains such as Walgreens and Wal*Mart are cited as preferred tenants.

For more information, contact Tom Fowler, Fowler Funding, LLC; 201-963-3958 or 732-668-2058;
Email: tom@fowlerfunding.net.

Overland Financial provides financing of $250,000 to $5 million throughout AZ, CA, CO, NM and NV for interest-only loans, bridge loans and short-term commercial loans for properties such as apartment buildings, office buildings, shopping centers, investment properties, hotels, motels, light industrial and special use properties. The loan-to-value is up to 75%.

For more information, contact Don Barad or Helen Ivannikova, Overland Financial, 18627 Topham Street, Tarzana, CA 91335; 818-342-2477, Fax 818-342-2969;
Email: info@overlandfinancial.com;
Web site: www.overlandfinancial.com.

Laureate Capital, LLC offers commercial real estate financing and loan services nationwide for the following types of
properties: apartments, shopping centers, industrial/warehouse, office buildings, medical facilities, hotels, motels and owner-occupied. The company also offers funding for various types of retail properties, including unanchored strip centers, neighborhood centers, community centers, lifestyle centers and malls with a 75% to 80% LTV.

For more information, contact
Laureate Capital, LLC, 11951
Freedom Drive, Suite 1300, Reston, VA 20190; 866-846-8518, Fax
703-251-4440;
Web site: www.laureatecapital.com.

Hudson Realty Capital, LLC provided $7.5 million for a first mortgage bridge loan to fund the acquisition of a 38.2-acre parcel of land in Howell, NJ on Route 9. The property consists of two parcels zoned for retail, office and residential use. Plans call for a 115,598 sq.ft. big box anchor and 114,402 sq.ft. of additional retail. Area retail includes Lane’s Mill Crossing, Howell Commons, Wal*Mart, Lowe’s Home Improvement and Barnes & Noble. Since 2002, HRC has closed on more than $1 billion in debt and equity transactions, participating, servicing, restructuring and acquiring high-yield, special situation debt and mezzanine loans, as well investing directly in real estate and acquiring under-performing real estate assets. The firm recently earned Minority Business Enterprise status.

For more information, contact Hudson Realty Capital, LLC, 381 Park Avenue South, Suite 428, New York, NY 10016.

Wextrust Capital is a private equity group looking for joint venture opportunities with local and national developers. The company can finance a substantial part of the equity component of development projects in the continental U.S.

For more information, contact Jason Chornay, Wextrust Capital, 390 Fifth Avenue, Suite 606, New York, NY 10018; 212-643-6190, Fax 212-643-6192;
Email: jchornay@wextrust.com.