Permanent/Fixed Rate Financing
Permanent/Fixed Rate Financing is the core product that is utilized most throughout the commercial real estate industry. The Borrowers can lock an existing loan from anywhere from 2 years to 30 years based on the property type. Better Commercial Real Estate Mortgage Inc. relationships with its lenders are a key component in assisting its client’s permanent financing needs.
Floating-rate financing usually utilizes the London Interbank Offered Rate (LIBOR). This product is very attractive to Borrowers who have a lot of upside in an existing property and need a short period of time to stabilize an existing property. These rates have been at the historical lows and have been very popular as they usually have minimal or no prepayment penalties. Better Commercial Real Estate Mortgage Inc. assists borrowers to utilize these flexible structures for their short term needs.
Better Commercial Real Estate Mortgage Inc. through its relationships with a variety of leading lending sources can offer customized Bridge/Renovation, Construction, Floating-Rate, Forward Commitment, Mezzanine/Preferred Equity and Permanent/Fixed Rate financing alternatives.
Mezzanine/Preferred Equity Financing
Mezzanine/Preferred Equity Financing can be structured in many different ways. Better Commercial Real Estate Mortgage Inc. assists borrowers who need to bridge the gap between what a conventional lender is willing to finance and the total amount needed to complete a transaction. The transaction can be structured as partnership debt, preferred equity, or a mezzanine loan. The key to these transactions are the ability to creatively structure the transaction.
Joint Venture Equity
Introducing strategic capital for specific projects- development, value-add, or stabilized assets- allows our clients to get maximum leverage on their capital and opens up opportunities to pursue larger deals versus being limited to conventional family and friends deals. JV money typically will invest between 90-95% of the required equity. JV Equity is available in all major product types (retail, office, industrial, hotel, multi-family).
Construction financing is a short-term loan utilized by borrowers to finance the costs of building an existing facility. Every loan varies depending on the product type and the amount of time it takes to complete the building process. Better Commercial Real Estate Mortgage Inc. can assist all borrowers in finding the best structure, leverage and rate for these critical loans.
Better Commercial Real Estate Mortgage Inc. Private Financing Group arranges alternative financing for real estate owners, developers and entrepreneurs. Real estate secured financing programs structured to meet the needs of each borrower.