Bloomfield Construction Completion

Construction Completion Capital [Inside]

April 02, 2019

Fast Construction Completion Capital

 

Look, it happens, projects run over budget. If you’ve been in this business long enough, you understand that sometimes things are just out of your control. However, as you know, you still need to finish your project. The only thing worse than running out of funds is abandoning a project that's 65% finished... Luckily, for our readers, EN Capital has had a close working relationship with a capital source for many years that understands this and is here to help. 

They are experienced bridge lenders who are experts in the field of construction completion financing. They move quickly understanding that time is of the essence. Recently they financed a construction completion deal in just 7 days! Also, right now they’re actively looking to deploy capital on 

a number of "value

add" asset types and are particularly bullish on hospitality.They will consider anything as long as it meets the following criteria.

  • Deal Size

    • $5M - $20M

  • LTC Max: 80%

  • LTV Max: 70%

  • Rates

    • 9-11%

  • Asset types

    • All types

    • Bullish on Hospitality

  • Location:

    • Nationwide

  • Deal Types:

    • Value add

    • Lease-up

    • Short timeline

  • Will consider both recourse & non-recourse

Let us help you get you the capital you need to finish your project. Click the link below and let’s start qualifying your deal today!

 

P.S. If you're brand new to the EN Capital newsletter; each week we promote a new capital source for a variety of commercial real estate properties. So if the above lender is not relative to you, the chances are high that we'll have the perfect capital source for you soon.P.P.S. If you have a commercial real estate deal, unrelated to the above, that needs capital right now reach out to us and let's chat!

Be sure to connect with EN Capital President, Nate Whigham on Linkedin.EN Capital is a commercial real estate mortgage broker firm. We have been involved in placing north of $750M of financing. We work on all property types all over the nation, as well as all parts of the capital stack including equity. 

Nathan WhighamPresidentDirect: 310-465-9253[email protected]www.encapitalllc.comCA DRE Broker License: 01793655