SPECIALISTS IN COMMERCIAL REAL ESTATE FINANCIAL SERVICES
We also handle bank turn downs and can do urgent closings with our specialty Lenders
Primary areas: Seattle, Western/Eastern Washington; but also most other states
Financing: Acquisition, Refi, Construction, Rehab, Perm, Bridge, Mezzanine, Hard Money Loans, Debt/Equity
Most properties: Office, M-F, Retail, Assisted Living, MHP, LI, Hospitality, S-F Subdivisions, Agriculture, etc.
P.O. Box 31, Bellevue, WA 98009 T. 425-822-1297 C. 425-246-3856 (PT)
www.capitalquestorresources.com // E-mail: capitalquestorresources@gmail.com // earosenberg1@yahoo.com
Currently Featured Loan Offerings
Developers & Investors:
BRIDGE LOANS
1. Construction Loan Takeout Prior to Stabilization
Borrower has a maturing construction Loan, but is in the process of lease-up and the construction lender will not extend. Our Lender will provide bridge loans on properties in lease-up phase prior to stabilization
2. "Good News" Loans
Borrower owns a property with future occupancy by a major tenant, or, expects a future rent increase in the existing large lease, and the Borrower, not qualifying for a new permanent loan, wants a bridge loan today with future takeout funding when the income increase takes effect.
In both scenarios we can provide Bridge loans and arrange very attractive takeout funding options.
For takeout, we have aggressive lenders with more flexibility with interest rates, LTC, LTV, etc. than banks and institutions (insurance, pensions, trusts) and much cheaper than hard money.
Bridge Loan Criteria:
Properties: Office, retail, LI, M-F; value added potential; stabilized or unstabilized
Loan Size: $2-20 million
Quality: Class A and B
Rate: Typical range is 5.5-6.5%, interest only
LTV: Typically 70%
Term: Up to five years
Type of Loan: Non-recourse
For a Lease-Up: Loan includes 100% of TI/LC to stabilization; also Capital Expenditures loan possible
Exceptions: No land, hospitality, assisted living (other lenders available for these properties)
(Loans requiring 11 to 14-day closing can be arranged; different lenders; rates will differ, but still
under typical hard money rates.)
Loan details given here can change without prior notice. Actual rates/terms offered will depend on the strength of the loan application.
Developers & Investors:
BRIDGE LOANS
1. Construction Loan Takeout Prior to Stabilization
Borrower has a maturing construction Loan, but is in the process of lease-up and the construction lender will not extend. Our Lender will provide bridge loans on properties in lease-up phase prior to stabilization
2. "Good News" Loans
Borrower owns a property with future occupancy by a major tenant, or, expects a future rent increase in the existing large lease, and the Borrower, not qualifying for a new permanent loan, wants a bridge loan today with future takeout funding when the income increase takes effect.
In both scenarios we can provide Bridge loans and arrange very attractive takeout funding options.
For takeout, we have aggressive lenders with more flexibility with interest rates, LTC, LTV, etc. than banks and institutions (insurance, pensions, trusts) and much cheaper than hard money.
Bridge Loan Criteria:
Properties: Office, retail, LI, M-F; value added potential; stabilized or unstabilized
Loan Size: $2-20 million
Quality: Class A and B
Rate: Typical range is 5.5-6.5%, interest only
LTV: Typically 70%
Term: Up to five years
Type of Loan: Non-recourse
For a Lease-Up: Loan includes 100% of TI/LC to stabilization; also Capital Expenditures loan possible
Exceptions: No land, hospitality, assisted living (other lenders available for these properties)
(Loans requiring 11 to 14-day closing can be arranged; different lenders; rates will differ, but still
under typical hard money rates.)
Loan details given here can change without prior notice. Actual rates/terms offered will depend on the strength of the loan application.