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Commercial Lending Parameters

We are now funding Debtor in Possession financing (DIP financing). This is a special form of financing granted to companies in financial trouble. Usually these companies are in a Chapter 11 bankruptcy. The unique feature of a DIP loan is that the bankruptcy court usually grants a super-priority status to the new loan. This means that the new loan gets to jump in front of any mezzanine financing and any senior mortgages in the debt stack.
 
Advent Equity Group has substantive experience in these types of projects and can provide DIP financing. Please go to the Contact Us page if you are interested in securing such financing.
 

Eligible Property Types

Geography (Tier 1 Markets in US)

Multi-family Apartments
Self Storage
Flagged Hotels
Grocery Anchored Retail Shopping Centers
Mixed Use
CBD Office
Suburban Office
Medical Office
Student Housing
Warehouses / Distribution / Flex
Parking Garage
Condo Unit Inventory Loans
Multi-family anywhere in USA
 
New York City/Metro
Boston
Philadelphia
Washington DC
Atlanta
Austin
Charlotte
Chicago
Dallas
Denver
Houston
Los Angeles
Miami
Memphis
Nashville
Phoenix
Portland
San Diego
San Francisco
Salt Lake City
Seattle
Tampa

 

OTHER TIER 1 MARKETS WITH
500,000(+) MSA CONSIDERED
 

All First Mortgages:

Loan / Deal Sizes ($2,000,000 - $30,000,000+)
 

First Mortgages

Purchasing Distressed Debt

Financing Third Parties
Purchasing Distressed Debt


Loan to Value Ratio: Up to 75%
Interest Rate: 10 - 14%
Term: 1 - 3 years
Amortization: Interest Only
Recourse: Preferred
Origination Fee: 2 - 3 Points
Exit Fee: None
Extensions: Yes
Extension Fee: 1/2 - 1 Point
Borrowing Entity: Special Purpose

Loan to Value Ratio: Up to 75%
Interest Rate: Case by Case
Term: 1 - 5 Years
Amortization: Case by Case
Recourse: Case by Case
Origination Fee: 2 - 3 Points
Exit Fee: None
Extensions: Yes
Extension Fee: 1/2 - 1 Point
Borrowing Entity: Special Purpose
 

Loan to Value Ratio: Up to 75%
Interest Rate: Case by Case
Term: 1 - 5 Years
Amortization: Case by Case
Recourse: Case by Case
Origination Fee: 2 - 3 Points
Exit Fee: None
Extensions: Yes
Extension Fee: 1/2 - 1 Point
Borrowing Entity: Special Purpose 
 
Click Here To Request A Commercial Loan
 

Residential "Hard Money" Lending Parameters (1 - 4 units)

Location:  Stabilized neighborhoods, NO war zones

Property Type:  Residential, single family, duplex/triplex/quadplex, townhomes, condos, Non-Owner Occupied only!

Position:  First lien position mortgages

LTV:  Up to 65% of current "as-is" market value or 80% of purchase price, whichever is is less ("ARV" is not relevant)

Rates:  12% and up

Fees:  $199.00 application fee (includes credit check & background check),  4 points out of loan balance

Credit Score: 500 point minimum, no judgments or bankruptcy within past 2 years, most recent filed tax return required for review

Terms: 1-year balloon, interest-only monthly payments, hazard insurance/taxes paid, discount renewels with excellent payment history
              No pre-payment penalties.

Common Sense Asset Based Underwriting

Applicant's credit report, tax return, job history and age are all  considered risk factors, however, are not specific disqualifying criteria

Advent Equity Group has substantive experience in this sector of real estate financing. Please go to the Contact Us page if you are interested in securing a hard money loan.

Click Here To Request A Hard Money Loan















 

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