Seeking Preferred Equity of $1.0 – $20.0 Million? This program provides dependable & straightforward capital for all types of income producing property. It fills the gap in the capital stack over and above your first mortgage up to 90% LTV.
PARTICIPATING PREFERRED EQUITY
ID: PE-7702
FEATURED
$1.0 - $20 Million
- CAPITAL SOURCE
Finance Co. / Fund (US) - MARKETS
United States & Canada - PROPERTY TYPES
Retail, Multifamily, Industrial, Office, Mobile Home Parks, Hotels - RATE/RETURN
8-10% Preferred Return
Profit Participation of 10-45% depending on risk analysis - LOAN-TO-VALUE (LTV)
Between 75-90% of the capital stack - FEES
1% to Investor - SAMPLE CASH FLOW AFTER DEBT SERVICE
1st: 8-10% Preferred Return to Investor
2nd: 8-10% Return to Sponsor
3rd: Typically - 2/3 remaining cash flow to Sponsor, 1/3 to Investor - IDEAL FOR A SPONSOR...
Seeking Equity for an Acquisition
Who is an experienced owner, developer, investor
Who can contribute 10% of the capital stack
Who wants to avoid complex waterfall structures typically found in JV Arrangements
Seeking to establish a long-term relationship with a capital partner to do multiple deals
Who is well-capitalized but wants to spread equity among multiple assets
