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nancy.mortgage
121 Posts |
 Posted - 08/04/2008 : 12:30:42 PM
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We represent a Private Equity Fund that lends 100% of Horizontal and Vertical Construction costs for Large Commercial Real Estate Projects, Nationwide and International. Only 25% Profit Participation typically required. Land acquisition can be included in Funding as are Broker Fees. Loan size $20 Million to $1 Billion or more. Interest rate is the Libor 30 Day Index + 0 for the first 60 months. No payments for the 1st 36 Months, interest accrues on the back side of the loan. No Pre sales are required. Personal income is not an issue. Must have solid Executive Summary, Experience and Pro Formas.Reserves or Stand By Letter of Credit (which we can help obtain) for 20% of the Loan Amount required for initial funding. Cost if you need our assistance for the Letter of Credit is 14% plus Procurement Fees of the Letter of Credit Amount
For additional information or to review your Scenario please email nancy.mortgage@yahoo.com
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commloans
140 Posts |
Posted - 10/13/2008 : 10:48:52 AM
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| Everyone in my office was emailed the same message that you copied and pasted here. Are you really saying you represent this fund? |
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loanbroker5
1539 Posts |
Posted - 10/28/2008 : 11:53:00 PM
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| if you are direct to the fund, and can put me direct, i have a 245mm project and a 114mm project, i am direct to both buyers, |
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nancy.mortgage
121 Posts |
Posted - 10/29/2008 : 10:39:46 AM
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| Yes, we submit directly to the fund. |
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