Commercial Real Estate Funds are Available

Conditions are excellent for capitalizing almost anything right now and in most cases the pricing and financing terms are amazingly good and may not be seen again for years. Equity is more available than ever.
 
March 13, 2013 - PRLog -- In 2012 we closed everything from sub 4% perm debt on stabilized commercial property to low 5% bridge debt on multi-family with “issues”.  We helped a few Purchase Money deals close that were at risk of falling apart by using mezz debt in the 13% range (essentially it acted as cheap equity).  As typical for us, we closed a few joint ventures on very opportunistic story deals with sub $10MM equity check writers.  This year we expect to see larger JV development deals (as there is capital hungry for these larger opportunities) as well as more “institutional equity” for sub $5MM equity checks.

Already in the 2013 hopper are a couple of multifamily construction loans, a retail construction loan, a few adaptive re-use deals and quite a few REO and discounted note deals which we did so much of in 2011 and really like doing.  There seems to be a resurgence of these opportunities in smaller deal sizes that have been less picked over.  We also expect to do a much greater number of “soft hard money” deals.

All in all we expect 2013 to be a great year for the market and our clients.  Please feel free to reach out to us anytime to discuss a deal or the market.

http://www.theboydcapitalgroups.info/
End
Source: » Follow
Email:***@theboydcapitalgroup.com Email Verified
Tags:Commercial, Hard Money, Lender, Real Estate, Loan
Industry:Real Estate
Location:Alabama - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
The Boyd Capital Group LLC News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share