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- Stablis (copy 01)
Stablis (copy 01)
Need 80% LTV Up To $75M In 2 Weeks?
Fast Moving Bridge Lender Closing Loans In 2 Weeks At 80% LTV!
One of the most frustrating parts of working in commercial real estate is the fact that things take 5x longer to get done than you would like. There's always some wrench that gets thrown into the cogs of the process. A leading culprit of this time blackhole is usually getting the appraisal (sorry appraisers we know you work hard). Fortunately, EN Capital has started working with a lender that can move lightning fast and doesn't require an appraisal to close! Plus, they're extremely bullish on Industrial, Hospitality, and they have a huge amount of capital that they need to deploy!This capital source is a balance sheet lender that is quick to say "yes" or "no" and if they say yes they can close your loan in 2 weeks up to $75M and 80% LTV. They'll even lend on foreclosures, bankruptcy, flagged and unflagged hotels, and resorts.If you have an existing asset that is cash flowing and you need a loan quick then we should chat immediately. Here’s their criteria:Bridge Loan:
Deal Size:
$10M - $75M
Up to 80% LTV
Rate
Starts at 10% & 2 points
Term
2 years
1x 12 months
With 2x 6-month extensions
Negotiable recourse options
Geographics
Nationwide
They'll also lend in South America, the Caribbean & Europe
Asset Types types
All types
Bullish on Industrial & Hospitality
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!
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 WhighamPresidentDirect: 310-465-9253[email protected]www.encapitalllc.comCA DRE Broker License: 01793655