Turnbridge (copy 01)

NEW Source For Construction Mezz Up To $50M...

February 28, 2019

High Leverage Construction Mezz 

EN Capital is proudly working with a new platform that is very opportunistic, flexible and eager to work with good sponsors.They're offering high leverage mezz loans of up to 85% combined loan to cost to our readers and they can lend in major metropolitan centers in the United States.  While the platform may be new, the principals have more than 55 years of combined experience in real estate lending. This lender has significant capital they're looking to deploy and they can typically close within 2-4 weeks.Not only is this lender able to move fast but they're also happy to work with fledgling and institutional sponsors. Their main priority is to have solid working relationships with great borrowers. They're offering: 

  • Proceeds:

    • $3M - $50M

  • Loan types:

    • Mezz & Preferred Equity

  • Deal Types

    • Renovation

    • Acquisition

    • Bridge

    • Construction

  • Advanced Rate

    • Up to 85% LTC

    • Up to 75% LTV

  • Recourse

    • Flexible

  • Closing Time:

    • 2 - 4 Weeks 

  • Asset Types

    • Agnostic

      • Land

      • Construction

      • Value Add

      • Stabilizing properties

  • Location:

    • Major metropolitan centers in the United States

Also, as a side note, this group will consider acquiring non-performing loans.If you need a high leveraging loan that fits these parameters then we should talk asap. 

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 now 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