We are setting up an opportunity fund to acquire distressed notes for Class A commercial properties in Southern California.
We have a funding agreement in place to purchase a SBLC (Stand-By Letter of Credit) that will be monetized and provides us $45M of capital.
To achieve this, we are looking for a bridge loan of $5m. We are offering to repay $6m. Funding process takes less then 45 days. Lender will be repaid from the proceeds. Loan (principal + interest) will be secured by a financial guarantee bond issued by CCA and re-insured by a top tier insurance company (A or A+ rated)
Contact me at amcap@americancapitalinvest.com for more info