I have provided professional services in the commercial real estate industry that includes commercial brokerage, public syndication, commercial appraisal, property management, environmental remediation and hazardous waste, commercial bankruptcy, main street / high end business brokerage, and REO properties, dating back to 1982.
Which Best Describes You? (Pick All That Apply)
Commercial Broker, Professional
What Do You Need
Lenders and Investors that seek to finance and purchase REO properties that have low occupancy rates, and are need of renovations and stabilization. Lack of mezanine financing prior to permanent financing is what's killing the commercial RE market right now.. Several of these properties will have negative cash flow for a period after renovations have been complete. The Buyer's are wanting to leverage the full purchase price and then be responsible for renovation costs as thier equity buy in. 12 to 24 month financing is the key for turning REO properties around, before permanent financing.
What Do You Offer
I have commercial properties that fit this description. Projected Internal rate of returns in the mid to high 20%.
I am a private lender, i give out secured and unsecured loans to real estate investors and business owners nationwide,please email me if you need funding: sarnerlawrence@gmail.com 210-998-8449
I think that banks will be approached more and more about their notes on A/B properties and will foreclose the C and below properties. I have seen more and more that folks with capital are looking hard for A properties and there just aren't that much available - so they are doing their homework on A properties and checking to see if loans are maturing or in default, etc. Of course if the FDIC in on their back, the banks will do what they have to do.
Thank you. Very nice profile! We look to acquire all over the country. I cover the state of Florida and if you have a property that you feel would meet our criteria let talk. Please also take a minute to visit our website at www.fscap.net to learn more about our firm. My direct email address is dsmith@fscap.net. Please send me your contact information.
Comment Wall (5 comments)
You need to be a member of COMMERCIAL REAL ESTATE PROFESSIONALS & INVESTORS GROUP to add comments!
Join COMMERCIAL REAL ESTATE PROFESSIONALS & INVESTORS GROUP
I am a private lender, i give out secured and unsecured loans to real estate investors and business owners nationwide,please email me if you need funding: sarnerlawrence@gmail.com 210-998-8449
I think that banks will be approached more and more about their notes on A/B properties and will foreclose the C and below properties. I have seen more and more that folks with capital are looking hard for A properties and there just aren't that much available - so they are doing their homework on A properties and checking to see if loans are maturing or in default, etc. Of course if the FDIC in on their back, the banks will do what they have to do.
Thank You,
Daniel Smith
Welcome