PSG

Unique Construction Lender Looking For Deals

November 17, 2020

Lender With Extensive Development Background Looking For Ground-Up Construction Loans

 

A seasoned developer turned lender is bringing their years of "in the trenches" knowledge to the capital market with respect to ground-up, renovation, and acquisitions.They're looking for good deals with solid sponsors nationwide. This group knows what it's like being a developer and they take that knowledge and turn it into creative solutions to get your deal done.This group is looking for ground-up deals and they LOVE self-storage. While most construction lenders are still sitting on the side-line due to COVID this group is out there putting deals together and going the extra mile to get them done.

They're looking for:

  • Deal Sizes: $5M min - $15M

  • Property Types:

    • Multifamily

    • Condo

    • Industrial

    • Self-Storage

    • Retail

    • Office

  • LTC: up to 80%

  • LTV: Up to 70%

  • Term: 6 - 24 months

  • Rate: 8 - 11%

  • Origination Fee: 1 - 2 points

  • Recourse: Varies deal by deal

  • Geographics

    • Nationwide

      • Bearish on CA

This platform is hungry and looking for good deals with good sponsors.If you have a deal that fits the above criteria click the button below or shoot us an email and let's get started 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.

EN Capital is a commercial real estate mortgage brokerage shop. 

We are not direct lenders. Seriously, every time we do a blast some guy responds and gets pissy when he realizes we're brokers. It's on the top of our website, LinkedIn, clear in all our marketing. We honestly don't know how to make it more obvious. Don't be that guy.

P.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!

EN Capital LinkedIn
EN Capital Website

Be sure to connect with EN Capital on Linkedin. and visit our website here.

Connect with EN Capital President, Nate Whigham on Linkedin Here

Connect with EN Capital Associate, Justin Ashcraft on Linkedin Here

Nathan WhighamPresidentCA DRE Broker License: 01793655EN Capital Contact Info:www.encapital.com[email protected]Justin Direct Line: 323-521-4766