Private Money / No Banks / We match Funders / with large Projects / Minimum Ten-Million.
As you well know, borrowers are having difficulty obtaining loans from banks. In large part, this is because the federal government is causing difficulties in the lending process with confusion and interference; therefore, if a borrower wants a loan, private money is close to the only alternative.
We work with private Funders who have money for projects, provided the project is one that interests them. (Of course, the borrower(s) and the project(s) must meet necessary underwriting criteria. A basic loan package) The sources of this private money are most often very wealthy individuals in America who have extremely high net worth. We have contacts elsewhere, plus hedge funds.
The projects that are the easiest to fund are:
* Medical - especially memory care facilities (Alzheimer's) * Refinance of multi-family buildings, shopping centers, office buildings * New build of multi-family buildings
* Discounted assets - discounted mortgages and REOs, both in bulk * Distressed banks (a.k.a. "bonds for banks"), where we swap US Government Treasuries for preferred stock, 8 percent yield, five-year hold, increments of 25 million. * Green Projects: Solar / Bio Diesel / Wind-Mills / Geo-Thermal … etc. * We can do debt, equity, or a combination thereof. Bottom minimum is three million for Re-finance on Multi Family Units, and we are looking for a cut-off of ten million on all Projects.
If you need funds for a project, please contact me.