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Distressed Notes Are Coming - We Have Capital For Them

June 19, 2020

Capital Is Available for Distressed Deals

 

A few weeks ago Nate had a great call with a writer over at Globest.com talking all about current market trends and distressed paper as a result of COVID-19We've had several lenders start to look more seriously at the not so distant future and start planning how things are going to play out in the next couple of months to year(s) which Nate talks all about in the article.But don't take my poor attempts at prose for it, you can read the whole article here: GlobeSt.comIf you are in or are about to be in a distressed situation we have resources that may be able to help.We have several lenders interested in these but one specific lender recently told us that they're looking to lend on development projects that have been impaired by COVID-19. They're especially able to help with highly impacted COVID areas such as tourism and entertainment. They still have their lending criterium that you have to meet but they're very real and can help.They're looking for:

  • Deal Size:

    • $20M - $75M 

  • Up to 65% LTC

  • Rate 

    • Depends on the deal

  • Term

    • 2 - 5 years

  • Geographics

    • Primary & Select Secondary U.S.

  • Asset Types types

    • All types

If you have a deal that meets these criteria then we should talk. Click the button below and let's start chatting 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!

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