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greenlightmoney
70 Posts |
 Posted - 02/13/2008 : 12:21:21 PM
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• Principal is seeking to purchase $832M REIT.
• $600M of the debt is assumable.
• Principal would put up 10% of the money needed. Looking for a Limited Partner for the balance.
LP would get:
• Preferred return of 8% plus priority return of all invested capital.
• Target return to LP of 22% annually with buyout provision.
• 3 year buyout provision with guaranteed 22% return.
Properties are in Chicago |
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vegastom
205 Posts |
Posted - 02/13/2008 : 12:54:28 PM
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We fund loans from $5,000 to $950Mil Worldwide, Commercial rates starting as low as 5.50% and up to 100%LTV on some programs, with scores as low as 550mid, send your contact information over to TommyG56@gmail.com.
Tommy Giles-Account Rep
Office: 866-885-6036 |
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dkendall1979
10342 Posts |
Posted - 02/13/2008 : 1:12:58 PM
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Are the properties throughout the US?
If they're all california properties, let me know. We'd be interested in looking at it. |
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