I would be interested in talking to you about your multi-family deals, especially if any are the class A variety. Are you looking for an investor to buy them? Pre-buy them? or simply a developer needing equity? Please call and we can discuss the possibilities. Jim 713-974-2930. All the best...
1. Have a 2M assisted living facility under contract 10-12% Cap
2. 740k refinance on a great LTV, apt complex student housing
3. 400-unit complex 9M, looking for new purchase funding.
4. 150-unit complex, looking to purchase note for 1.6-1.8M secured by HAP contract
If your interested Jim please call me at 713-705-6279, 352-226-3535
After reviewing you’re posting We do have an appetite for these types of projects. If you are still seeking funding, please forward executive summary and proforma
Capital Source Lending LLC
(530) 710-2832 hm office
(530) 925-0476 mobile
(267) 888-3930 efax
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Hello Mr. Draxten,
Sir, we work direct with a large Trust that fund such projects. They fund projects nationally as well Internationally.
We would first like to have a little direct information on your projects.
Please email us and we will send to you our (TUAYPF) "Tell Us About Your Project Form". If the project has merit, and you have sufficent skin in, or to place in the project, we will onsend the project to the trust for their approval and forward movement. We work direct with the president of the trust and no brokers, we will only work in kind. You may contact us at SiiFind@aol.com
Specialty Investments International
Dennis, I would be benefitial for both of us to first "qualify" each other so that we can determine up-front if we in the same "ball-park".
Over the past few years I have been developing medical/healthcare relationships in conjunction with Sunny Creek/WestCap, a “fund to fund” private real estate group that invests on behalf of its investors/funds. My business model focuses on the owner/operator and developer healthcare market (for strategic reasons), and I have recently had a substantial uptick in activity; sectors include: ALF; SNF; Rehab; Surgical; Acute and MOB. This volume stems directly from activity I performed for ARC Trust … they had engaged me to re-create a medical net lease “funding platform” similar to what I had developed in the mid to late 1990’s with USRP (sourced & acquired over one billion). However, ARC reduced their acquisition volume to $20 million, and most of the transactions I have created average $20 million plus. Sunny Creek/WestCap has tried to fill the void, however, I do not see them being able to sustain this growing volume.
I currently have a number of solid relationships with medical owner/operators that will require an average or $100 - $200 million plus, every 12 months; all are solid middle market groups/operators (see partial list below). This core group will continue to expand and I am seeking an alternative resource or relationship to help facilitate this medical real estate volume.
$125 Million (11%) – 2 SNF – California – Government subsidized beds/guaranteed 89% occupancy – expecting bed shortage;
$88 Million (10%) – 2 SNF – New York/New Jersey – Government Reimbursement Program/80% of rent;
$20 Million/Per (11%) – 10 Rehabilitation Hospitals (over 5-7 years) – Ohio/Arizona – Strong Operating Group & PE Partner;
$50 Million/Per (11%) – 10 Surgical Centers (over 5-7 years) – Nationwide – Strong Operating Group & PE Partner;
$90 Million – (10%) County Hospital – Indiana – Strong Group;
$25 Million – (9%) MOB – Ohio – Fortune 500 Tenant;
$20 Million – MOB/JV – Florida – Fortune 500 Tenant;
If you are still intereted in pusuing please provide me a phone number and time so that we can discuss.
Jeffrey S. Draxten
Executive Managing Director & Principal
Healthcare & Capital Markets
Hello Mr. Draxten,
Jeffrey, I am not sure what you are asking for here. When you mention they will need an influx of funds every 12 months.
1. Are these Notes/paper for sale
2. Building for sale
3. Seeking funding
4. Some sort of Business/Commercial Equipment Lease back program. (common in medical field)
5. Accounts Receivable / purchase order for sale
6. Revolving lines of credit, purchase order based financing, etc...
I am not sure what you are asking. Please explain
SII Capital Financing
The Private Banking primarily targeting high-net-worth individuals to financially strengthen their positions.
DEAL SIZE: USA: MINIMIM $5 MM ELSEWHERE EMAIL FOR DEAL SIZE
LOAN: 55% TO 75% (65% OR GREATER REQUIRES BALANCE SHEET
BOTTOM LINES IN EXCESS OF $250 MILLION)
TERM: UP TO 60 MONTH
RATE: 6.50% TO 7.50%
AMORTIZATION: INTEREST ONLY FOR CONSTRUCTION LOANS; 25 YEARS FOR
MINI-PERM TAKEOUTS, AND TERM LOANS
PREPAYMENT: CONSTRUCTION - NO PENALTY; TERM LOANS - YM AND IN SOME
GUARANTEE: PERSONAL/CORPORATE DURING CONSTRUCTION; PERSONAL -
TERM LOANS EXCEPT FOR BORROWERS WITH BOTTOM LINES OF $250 MILLION +
FEE: 1.0% TO 2.0%
CLOSING: 75 DAYS TO 110 DAYS (AVERAGE)
SPECIAL CONDITIONS: 504 PROGRAMS MUST HAVE EQUIVALENT CASH OR CASH EQUITY
GUARANTEES OR FRANCHISE GUARANTEE
PROCESS: INITIAL REVIEW 2-4 DAYS
TERMS LETTER OR DECLINATION ISSUED WITHIN 3-5
REQUEST FOR ADDITIONAL INFORMATION
COMMITTEE MEETING - 10 DAYS AFTER TERMS LETTER
OFFER OR DECLINATION
COMMITMENT WITH OR WITHOUT TERMS 20-30 DAYS FROM INCEPTION
COMPLETION OF CONDITIONS, APPRAISAL, THIRD PARTY REPORTS, OPPINION LETTERS
FINAL OFFER MADE
CLOSING - GENERALLY WITHIN 75-110 DAYS
FEES: THIRD PARTY REPORTS AT COST
$5,000 GOOD FAITH DEPOSIT REQUIRED WITH SIGNED TERMS LETTER
SUBMITTAL: CLEAN CLEAR PACKAGE WITH FULL FINANCIAL DISCLOSURE
Thanks For your Time,
Mr. Rob Robinson, REIF, AEE, Consultant
Real Estate Investor financier, Alternative Energy Engineering www.ecapitalfund.com
1-605-715-4900 Conference Line
We have some very aggressive Equity available for MF, AL, IL, and Student Housing construction/development projects.
Please contact me at email@example.com or you can also download a flyer on our web site at www.comcapsouth.com