Program
#4
Type:
Mezzanine Loans
Minimum
: $ 2 Million
Maximum:
10 Million
What:
Real Estate construction, renovation, acquisitions
Start
up & Construction: Yes
Collateral:
Real Estate
Where:
USA Only
|
Terms
(indicative;
final terms to be quoted)
*
up to 90% of appraised liquidation value of assets
* Borrower's equity:
10% minimum
*
12% interest per year
* Closing Points:
3
* Timing: from
4 weeks & onward
* Participation:
25-50% of annual cash flow
|
|
Type:
Equity Participation program
Minimum
: $ 15
Million
Maximum:
$ 100 Million
What:
Real Estate buyouts, recapitalization, Renovations,
Development, etc.
Start
up & Construction: NO
Collateral:
Real Estate
Where:
USA Only
|
Terms
(indicative;
final terms to be quoted)
*
up to 50% of appraised liquidation value of assets
* Borrower's equity:
20% minimum
* Target IRR: 18%
*
12% return + 50% of upside
*
Closing Points: 3
*
Timing: from 4 weeks & onward
|
