Network,Find Opportunities,Find Funding, Promote Events and Services
Bridge Loans Aetna Capital is capable of analyzing, structuring and closing your time-sensitive loan request very quickly. Acquisition, Stabilize, Refi.Recent loan; mixed use, restaurant, apartments…Continue
Started Oct 21, 2015
Scenario: You’ve got a client that wants to take out a mortgage loan. Normally, you would take your clients straight to the big banks, but this client isn’t going to get approved because maybe they have a non-conventional income or maybe they had a rough financial year. Either way, the banks won’t have it. But you argue that they have good credit and perfect pay histories on their investment real estate.…
ContinuePosted on October 29, 2015 at 9:26am
Aetna was retained to place permanent financing for a cash out.
The property is a renovated 82,064 square feet IMAX theater.
The challenges were the tenant was not investment grade, the adjacent mall was 37.9% occupied & the sponsor was seeking a 75% LTV, on a property that was difficult to value.
The sponsor purchased both the mall & movie theater in 2014, for $13,000,000 & invested an additional $3,000,000 in TI for the theater. …
Posted on October 1, 2015 at 3:35pm
© 2022 Created by Jude G Regev.
Powered by
Comment Wall (1 comment)
You need to be a member of COMMERCIAL REAL ESTATE PROFESSIONALS & INVESTORS GROUP to add comments!
Join COMMERCIAL REAL ESTATE PROFESSIONALS & INVESTORS GROUP
Please accept our warm welcome to the CREPIG community! We hope you find your experience of networking with CRE professionals rewarding and find that there is so much collective knowledge to glean from the blogs, podcasts and resources that CREPIG has to offer. We are here to answer any questions that you may have regarding the resources here, and we wish you an enjoyable experience making friends and establishing relationships. You will love the NEW chat feature to direct connect with fellow CREPIG members. We look forward to getting to know you better! Best Regards, Beth Anne Grib CREPIG Advisor