Overview
We originate for a Private Portfolio lender. Your access to the portfolio
is exclusive through us. At Cohen Financial Group, we recognize that
every transaction is unique. Our objective is to fully understand the
borrower's requirements. We look at the whole picture, beginning with
the "story" behind the transaction, then the real estate asset, and finally
the exit strategy. Once we know all the facts, we roll-up our sleeves and
get to work! Cohen Financial Group has a straight forward approach
that gives us the ability to think outside the box and structure loans that
work for a borrower's specific needs. In most cases, not all,
transactions are funded quickly and effectively. Whether it is time
sensitive funding constraints , bad credit, or alternative asset classes
we are here to help fund your deal. Our experience includes:
Revolving debt facilities secured by accounts receivable, inventory and
equipment
Equipment sale leaseback
Hard money bridge loans secured by real estate (manufacturing plant, etc.)
Bridge loans secured with equipment
Unique Acquisitions
Bridge Loans
Construction (CONSTRUCTION PROJECT MUST BE FULLY ENTITLED
(CLIENT IS READY TO BUILD)
Apartments
Office
Refinancing
Partnership Disputes
Foreclosures
Tax Lien, Judgment payoffs
Bankruptcy Resolutions
Working Capital Needs
Borrower Distress
Commercial
Residential - Hard Money & Conventional, (FHA & USDA CA Only)
Conventional & Hard Money
Joint Ventures
HIGHLIGHTS
· This is a true Asset Based Private Portfolio Lender
· Loans not sold on Secondary Market
· Can be used for Construction Financing, Existing Construction, and any other Real
Estate Backed transaction.
· Improved Upon Land to 70% LTV
· Existing Construction to 70% LTV
· LTV Based Upon As-Is Fair Market Value, not "Fire Sale Value".
· LTV's on purchase transaction based on fair market value, which can result in 100%
financing/no down payment.
· Closing in 7-15 Business Days
· No Credit Check Required
· Approvals based primarily on the equity in the property.
· All 50 states
· Investor Points 3-6%
· Broker and Intermediates can charge the same points charged by the Investor.
· All points and fees can be paid out of loan proceeds (loan amount not to exceed max
LTV's)
· Interest Rate 12%
· Max Terms of 20 Years
· $20MM Max Loan Amount, No Minimum Loan Amount (on select transactions
Portfolio will syndicate to accommodate transactions that exceed $20MM)
· Can structure Interest Only Payments
· Interest Reserve account up to 12-18 months allowed.
· Exit strategy is required, but since this is Private Money we are flexible on the type of
exit strategy.
· Lender Advance Fees for private lender only: $1500 non-refundable legal fees for
Attorney to draw up the Loan Commitment Letter (due prior to issuance of Letter of
Commitment) $25K> due at Letter of Commitment. On a case-by-case basis, $25K> will
be placed in an attorney’s trust account. If funding is offered, the money would be
released to the lender. If funding was not offered, the money would be returned to the
applicant.
· Primarily commercial properties/projects only
· High End/Large Cap only on a residential deal ($1MM Plus)
SUBMISSION
· Executive Summary, to include the loan request information and the plan on how to
pay back the debt (exit strategy).
· Pictures of the subject property.
· Resumes on the principals.
· Any recent appraisals that you may have.
· On income producing properties I will need the 2007 P&L’s and/or rent roll.
· Original purchase price and when the property was bought (land already owned)
· Use of Funds.
Cohen Financial Group provides consulting services that may be used in conjunction with
our commercial loan acquisition solutions. This unique blend of offerings helps to
minimize risk and safeguard returns for all the parties involved in the financing process
for a development project. That’s why commercial real estate developers turn to Cohen
Commercial Equity for guidance in connection with their commercial loan applications
BROKERS GET A MINIMUM OF 1 POINT. SUBMISSION FAX: 209-249-5270
EMAIL SUBMISSION: info@cohencommercialequity.com
We originate for a Private Portfolio lender. Your access to the portfolio
is exclusive through us. At Cohen Financial Group, we recognize that
every transaction is unique. Our objective is to fully understand the
borrower's requirements. We look at the whole picture, beginning with
the "story" behind the transaction, then the real estate asset, and finally
the exit strategy. Once we know all the facts, we roll-up our sleeves and
get to work! Cohen Financial Group has a straight forward approach
that gives us the ability to think outside the box and structure loans that
work for a borrower's specific needs. In most cases, not all,
transactions are funded quickly and effectively. Whether it is time
sensitive funding constraints , bad credit, or alternative asset classes
we are here to help fund your deal. Our experience includes:
Revolving debt facilities secured by accounts receivable, inventory and
equipment
Equipment sale leaseback
Hard money bridge loans secured by real estate (manufacturing plant, etc.)
Bridge loans secured with equipment
Unique Acquisitions
Bridge Loans
Construction (CONSTRUCTION PROJECT MUST BE FULLY ENTITLED
(CLIENT IS READY TO BUILD)
Apartments
Office
Refinancing
Partnership Disputes
Foreclosures
Tax Lien, Judgment payoffs
Bankruptcy Resolutions
Working Capital Needs
Borrower Distress
Commercial
Residential - Hard Money & Conventional, (FHA & USDA CA Only)
Conventional & Hard Money
Joint Ventures
HIGHLIGHTS
· This is a true Asset Based Private Portfolio Lender
· Loans not sold on Secondary Market
· Can be used for Construction Financing, Existing Construction, and any other Real
Estate Backed transaction.
· Improved Upon Land to 70% LTV
· Existing Construction to 70% LTV
· LTV Based Upon As-Is Fair Market Value, not "Fire Sale Value".
· LTV's on purchase transaction based on fair market value, which can result in 100%
financing/no down payment.
· Closing in 7-15 Business Days
· No Credit Check Required
· Approvals based primarily on the equity in the property.
· All 50 states
· Investor Points 3-6%
· Broker and Intermediates can charge the same points charged by the Investor.
· All points and fees can be paid out of loan proceeds (loan amount not to exceed max
LTV's)
· Interest Rate 12%
· Max Terms of 20 Years
· $20MM Max Loan Amount, No Minimum Loan Amount (on select transactions
Portfolio will syndicate to accommodate transactions that exceed $20MM)
· Can structure Interest Only Payments
· Interest Reserve account up to 12-18 months allowed.
· Exit strategy is required, but since this is Private Money we are flexible on the type of
exit strategy.
· Lender Advance Fees for private lender only: $1500 non-refundable legal fees for
Attorney to draw up the Loan Commitment Letter (due prior to issuance of Letter of
Commitment) $25K> due at Letter of Commitment. On a case-by-case basis, $25K> will
be placed in an attorney’s trust account. If funding is offered, the money would be
released to the lender. If funding was not offered, the money would be returned to the
applicant.
· Primarily commercial properties/projects only
· High End/Large Cap only on a residential deal ($1MM Plus)
SUBMISSION
· Executive Summary, to include the loan request information and the plan on how to
pay back the debt (exit strategy).
· Pictures of the subject property.
· Resumes on the principals.
· Any recent appraisals that you may have.
· On income producing properties I will need the 2007 P&L’s and/or rent roll.
· Original purchase price and when the property was bought (land already owned)
· Use of Funds.
Cohen Financial Group provides consulting services that may be used in conjunction with
our commercial loan acquisition solutions. This unique blend of offerings helps to
minimize risk and safeguard returns for all the parties involved in the financing process
for a development project. That’s why commercial real estate developers turn to Cohen
Commercial Equity for guidance in connection with their commercial loan applications
BROKERS GET A MINIMUM OF 1 POINT. SUBMISSION FAX: 209-249-5270
EMAIL SUBMISSION: info@cohencommercialequity.com
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| Broker Services |
Call 1-800-928-6154
Cohen Commercial Equity When Banks Say "No" We say "Yes" Brokers Protected