CFG arranges financing for all Franchised
Properties at unbeatable terms and rates. Owners
and Developers can expect aggressive Lender
underwriting, lower DSCR requirements and
significantly lower spreads"
Properties at unbeatable terms and rates. Owners
and Developers can expect aggressive Lender
underwriting, lower DSCR requirements and
significantly lower spreads"
| John Cohen, CEO |
welcome to:
Apartment - Motel - Hotel - Resort Casino Loans
Call today for 60 sec. Approval-1-800-928-6154
Apartment - Motel - Hotel - Resort Casino Loans
Call today for 60 sec. Approval-1-800-928-6154
Apartment, Hotel, Resort, and CASINO: Flag and Non-Flag
| Cohen Commercial Equity Mortgage's Hospitality Industry Division understands the industry inside and out. Based in Ripon, CA., we provide the experience and resources to solve all your hotel financing requirements. Our clients enjoy one-stop shopping for permanent, interim, construction, renovation, mezzanine and FF&E financing. The Hospitality Industry Division's staff has years of experience in appraisals, accountancy, commercial lending, hotel operations, franchise lending and asset management. |
| As a Correspondent Lender, Cohen Commercial Equity. works with lenders that provide financing for Apartment, Hotels and Motels. Whether you are looking for a loan on a a mom and pop motel, or a large chain or independent hotel, Cohen Commercial Equity. can help find you the appropriate hotel or motel mortgage for your needs. If your development project fits within the listed parameters, please fill out the Hotel and Motel Mortgage Application. Acquisition Loans Construction Loans Long Term Fixed Rate Permanent Loans Refinance Loans Rehabilitation Loans Bridge Financing Conventional Loans Minimum Amount: $500,000 Purpose: Acquisition, Refinance, Cash Out, Construction, Renovation, Re-flagging Term: up to 25 years fully amortizing Loan to Value: 70% - 85% Recourse: Yes Typical Rates: Prime + 100 to 150 basis points Libor + 300 to 350 basis points DSCR: 1.25 – 1.35 Conduit Loans Minimum Amount: $2.5 Million Purpose: Acquisition, Refinance, Cash Out Term: 10 year term – 20 to 30 year payout - possible interest only for 1 or 2 years Loan to Value: 85% Recourse: Non-recourse subject to carve outs Typical Rates: 10 year treasury plus 150 to 350 basis points DSCR: 1.35 – 1.45 Hard Money Loans Minimum: 1 million Purpose: Purchase, Refinance or Foreclosure Bailout Loan to Value: 60% |
| Apartment Financing |
| Cohen Commercial Equity offers a nationwide private banking advisory approach to managing your apartment financing. We provide several direct, highly competitive commercial real estate loan products for qualified properties with commercial mortgages up to $100 million plus. Small Balance Loans Smaller apartment financing and commercial loans for multi-family from $100,000 to $3 million are directly available from our preferred capital partners. Our small balance loans offer many lending advantages including less paperwork and faster closings than ever before. Mid Size Loans Financing for apartments worth $3 million to $8 million. The mid size loan program has been developed to serve the needs of your important multi-unit commercial assets. Steelhead Capital offers apartment financing programs that serve the needs of investors with excellent delivery time and substantial cost savings. Large Apartment Loans Financing for apartments $8 million to $100 million. The large loan program is designed to finance loan amounts in excess of $30 million and is often structured with flexible terms to help the borrower meet their objectives. Non-Recourse Style Loans Portfolio Style Loans |
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| 90% Financing > FInd out how we can finance your property with NO INCOME VERIFICATION and only 10% down! 1-866-819-FUND(3863) |
| Customizable Fixed Rate Terms -- 5, 7, 10, 15, 18, 20, 25, & 30 Yr. Terms Defeasance, Yield Maintenance, and Decreasing Term Prepayment Options High Leverage to 80% LTV With 5% Mezzanine Financing for 85% CLTV Single or Multi-Asset Properties Cash, MBS, or DMBS Execution 365 Day Extended Rate Locks Balloon or Non-Balloon Terms Non-Recourse Above $1.5 Million Tiered Risk-Based Pricing |
| Resort, Casino-Hotel Financing |
| HOSPITALITY AND TOURISM FINANCING U.S. and International Financing and Refinancing, Acquisition, Construction, Renovations and Expansion of all Major Flag Hotels, Resorts and Casinos Floating Rate First Mortgage Program: Floating-rate first mortgage program provides higher initial funding and is ideally suited for acquisitions of projects that have not yet reached stabilization. All financing are on a non-recourse basis with standard recourse carve-outs. Mezzanine Loan Program: Mezzanine Loan Program provides 60% to 90% of the gap between senior financing and the borrower’s equity for either value-added acquisitions of existing projects or new development. PROGRAM HIGHLIGHTS: Real estate acquisition Construction Furniture, Fixtures & Equipment Financing & Leasing Acquisition of an Existing Hotel, Motel or Resorts Renovations, Refurbishing and Remodeling Working capital Refinancing Interest rates Indexed to Libor And U.S Treasury Bill Term of Financing Up to 30 Years ___________________________________________________________________________________ Cohen Commercial Equity requirements for loan submission, including a management team with a solid background in the industry, are as follows: Refinancing of Existing Facilities: The verification of the original paid in equity provided at the initial acquisition date--no matter how old. Income statement and budget reflecting a stabilized net operating profit with explanation as to how it was arrived. Define any rehabilitation, updating, or repairs that are going to be done with the refinancing. Outline any other liens, major liabilities, etc. that are going to be paid off with the refinance. Personal financial statements of all principals owning more than 5% of the organization. Two years tax returns for the organization and the principals owning more than 5% of the organization. Two years income statements and balance sheet for the property, plus trailing period financials.. Resumes of all of the principals. The amount of the present debt for all mortgages, both first and second mortgage. Completed CCE Loan Applications and Credit Authorizations. New Acquisitions: Brief executive summary detailing the basics of the acquisition. Pro Forma Income statement and budget reflecting a stabilized net operating profit with explanation as to how it was arrived. Define any rehabilitation, updating, or repairs that are going with the refinancing. Two years tax returns for the organization and the principals owning more than 5% of the organization. Two years income statements and balance sheet. Personal financial statements on principals owning more than 5% of the organization. Resumes of the principals. Completed CCE Loan Applications and Credit Authorizations. New Construction or Substantial Rehabilitation: Brief executive summary explaining use and income source from the property and background of the organization to be the proposed real estate. Two years tax returns for the organization and the principals owning more than 5% of the organization. Two years income statements and balance sheet, plus trailing period financials for substantial rehabilitation.. Personal financial statements on principals owning more than 5% of the organization. Resumes of the principals. Pro Forma Net Operating Statement . Simple recap of Construction Costs. Plans and Specifications for construction. Completed CCE Loan Applications and Credit Authorizations. Email to newloans@cohencommercialequity.com Commercial Loan Processing Explained Brokers Employment Loan Officers Realtors Residential Customers Cohen Commercial Equity a Division of Cohen Financial Group all rights reserved 2006. Tel: 209-239-5000 .580 N Wilma, Suite E Ripon, CA 95336 |
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"When Banks say "No"
we say "Yes"
we say "Yes"
| Get up to 20%towards downpayment call 1-800-928-6154 |
