We are not Venture Capitalists and we are not Hard Money Lenders....
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 are not hard Money lenders; We are not Venture Capitalists........ Private Funds for Projects...... Projects of 10 Million and Over, up to 1 Billion and more.
The sources of this private money are most often very wealthy individuals in America who have extremely high net worth. We have contacts else where, 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.
We will not fund projects that are not connected to the Projects above.