Pangea Capital (copy 01)

New Capital Source: Quick To Close & Certain of Execution...

March 21, 2019

Newly Identified High Leveraging, Fast-Acting, Lender Able To Close In 2 Weeks

EN Capital is extremely proud and excited to inform our list members about a new capital source we're working with!This institutional quality capital source is offering flexible and creative solutions to deals that need to close quickly and may have a "special situation" component to them. For example, they recently financed an acquisition for a property in the midst of foreclosure within 14 days. This type of deal is something they're not only willing but readily able to do.Essentially, this capital source is your lifeline when you need funding...yesterday.They will also lend at a high LTC on ground-up construction for projects that have some level of distress for any reason.Plus, they will look at any cannabis deals with good sponsors.If your biggest concerns are time, creative solution, and certainty of execution they're good at delivering. Speaking with them recently they boiled it down to: "If it makes sense, we'll do it." They will consider maturities as short as 3 months and as long as 48 months, with little to no prepayment fees.Their criteria are the following: 

  • Deal Size:

    • $5M - $30M

    • Cannabis: $1.5 - $30M

  • Loan types:

    • Floating

  • Property Types:

    • Retail

    • Multifamily

    • Industrial

    • Office

  • Loan Amount:

    • 80% LTV

    • 85% LTC

  • Rate

    • P+ 3.50% and up

  • Location:

    • Nationwide

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