Looking for Funding for a 5 Star Resort!

[Dennis Ford Jr]

I'm looking for a $400M USD for a 5 Star Resort in a International Location, the Project is a FULL Scale Development, Land and Build. Who knows a Investor or Financial Company that will provide the Equity Investment.

P.S. Not Brokers, Mid-Men or Women, just direct to the Funding Source Please Per. my Client.

[Shawn Pearl]

Hello,

I'm an new accounts representive for a large private commercial funding group, they have asked me to send you some information on what they can offer. If you feel like this will work for you please feel free to contact me and send over a 1-5 page executive summary, thanks and I'm looking forward to helping you.

 

Commercial Financing Amounts: Minimum loan amount is $1 million in the USA; $2M minimum for International Project Financing; no maximum loan amount.

Commercial Financing Property Types: Virtually all types of commercial real estate including: hotel resorts and casinos; alternative energy (solar, wind, geothermal, hydro, biomass, waste conversion, etc.); office, mixed-use, assisted living, multifamily, retail, industrial, medical/ dental; public-use facilities; infrastructure (highway, rail, bridges, roads, etc.); recreational facilities, storage/warehouses, etc.

Commercial Financing Loan Terms: Terms will be determined by property type, loan amount and findings during formal underwriting.  Possible loan terms include:  5-10 year term loans amortized over 10, 20, 25 or 30 years; 15-30 year term loans amortized over 15, 20 or 30 years.

Commercial Financing Rates: Rates are calculated from cost of funds against LIBOR, Prime or Treasury rates. This is determined based on property type, loan amount and findings during formal underwriting. Ranges are estimated between 6% - 8% with no pre-payment penalties after 24 months.

Loan to Value: Up to 80%--depending on property type, loan amount and other factors; this also could include up to 70% of "completed value", which could mean up to 100% of costs.

Debt Service Coverage Ratio (NOI/debt service): Minimum 1.25x, varies by property type.

Recourse/Non Recourse: This can only be determined through formal underwriting.

Best Regards,

Shawn K. Pearl

 

Office: 225.372.9780

206.203.3177 Voice Mail/E-Fax

[Dennis Ford Jr]

Morning Shawn,

  Thanks for the information that you have emailed me. This company is in a Early Stage Seed Money Company, with connections in the country, to expand a Resort in the Island from Dirt to Final Product.

Respectfully Sent,

Dennis Ford Jr.

[Shawn Pearl]

Thanks for your reply Dennis, however can you please email me direct with an 1-5 page executive summary so that I can get this over to our JV Equity Group, thanks and I'm looking forward to helping.

Shawn Pearl

[e-mail]

225.372.9780

[Dennis Ford Jr]

Hello Shawn,

    Thanks for the reply. However here are a few questions before that happens.

1. Who is the company that is looking at 100% Funding on this company as an Early Stage Equity Investors?

2. Can they Invest or will they invest in a International country?

3. What are there requirements?

4. What other special request do they have?

5. How are you getting paid in this process?

6. Do they have Deep Industry knowledge about Resorts/Hotels and Etc....

Respectfully Sent,

Dennis Ford Jr.

[Shawn Pearl]

Hello Dennis,

Assuming this is a country of Interest to us, (We don't Know what Part of the World this deal is in) However we can offer 70% Equity & 20% Debt and your guys will have to bring in 10% to the closing table. Leaving us to fund 360MIL.

1. I will not disclose who the company is without an executive summary to bring to my group.

2. Yes we fund international deals like this all over the world.

3. The requirements are: executive summary, experience in this industry, proforma, exit strategy, proof of funds to show 10% skin in the game.

4. Other request may arise during a conference call.

5. I get paid directly by the lender/JV

6. Yes we have deep knowledge in this industry.

[Lester Bennett]

Hello,

May I ask where the development will be, what country? Yes, I am a broker but direct to Middle Eastern Investors NO other Broker or chains. I understand your client position on no broker but perhaps i could forward you Executive Summary to them where you client will deal directly with them anyway if everything goes well. May i ask, is it the fee to brokers they don't want to pay or just that broker get in the way? [e-mail]

Thanks,

Lester

[Dennis Ford Jr]

Hello Lester,

  Thanks for the information that you have emailed me. This company is in a Early Stage Seed Money Company, with connections in the country, to expand a Resort in the Island from Dirt to Final Product.

Respectfully Sent,

Dennis Ford Jr.

[Arden Gist]

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