- EN Capital Newsletter
- Posts
- Starwood (copy 02)
Starwood (copy 02)
Need $250M+ & Up To 85% LTC For Your Construction Project?
If You Need $250M Or More For Your Construction Project, Then Read On...
EN Capital is working with a giant construction and bridge lender that created an exciting new way to structure your construction project. They have become a one-stop-shop combining Senior + C-PACE which lets you get a loan up to 85% LTC and they are looking for projects $250M+. Eliminating the need to seek an additional capital source on top of your senior to achieve your full capital stack not only gets rid of a ton of brain damage it also provides you with a competitive edge on pricing. As a result, this rate-tempered loan is not only easy on the wallet, due to the PACE element, but the PACE component is entirely non-recourse (and potentially the senior piece too). As if that wasn’t enough, if your deal is a fit, they can have it financed before the end of 2019! If you’re ready to get started, here’s what they’re looking for:
Asset Type: Core CRE
Deal Size: $250M - No Max
Market: Nationwide, Primary Only
Max Combined LTC: 85%
Max Combined LTV: 75%
Sponsorship:
Strong track-record and balance sheet
Term:
Senior:
24 - 48 Months
C-PACE
10 - 30 Years
Pricing:
Senior
7% - 8.5%
C-PACE
5% - 6%
If you have a deal that meets these criteriums, and you want to get it funded before the end of 2019 hit the reply 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 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