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Short Term Bridge - Construction - Development Loans
Serving South Florida Commercial Developers
In South Florida's unpredicatable Commercial Real Estate market its a challenge for developers to keep their
projects on schedule and under budget. The smallest delay in funding can sideline a project for days, weeks , and sometimes
indefinetely.
Commercial Mortgage Group provides emergency short term capital to South Florida commercial real estate developers
and investors for those times when traditional funding for your project is unavailable, unrealistic, or time
restrictive. Whether you have credit issues, tax liens, property issues, documentation issues or were turned down by
your bank on the 11th hour we can help keep your project on track.
We can provide your clients with short term funds for the toughest of situations including: Land Acquisition
and Development, Construction, Bankruptcies, Workouts and Foreclosures, Value Added Rehab, Refinances.
Highlights
- Rates as low as 10% - 14%
- 12mnth - 3yr terms, Interest Only payments.
- Loan Amounts $5,000,000 - $100,000,000+
- Up to 65% LTV , 75% for certain property types
- Close in as little as 5 days
- 24 hr. commitments
- Most Property types considered.- Including Retail, MultiFamily, Office, Hotel, Industrial, Gas/Service Stations, Land(Fully
Entitled), Mixed Use, High Rise Condo.
- Loan Types - Construction, Acquisition & Development, Rehab, Purchase or Refinance.
Give us the opportunity to arrange private money financing or short term bridge capital for
your next commercial real estate development project. When your bank turns you down, turn to one of South Florida's
most flexible financial intermediary.
For a confidential analysis of your loan request please fill out our loan request form .
Before you call please make sure you can provide the following upon request:
- Digital photos of the property from all angles. (10-15 shots) No polaroids.
- Executive Loan Summary with a full "use of funds statement".
- Specific Property Address/ or Location
- Reason why your borrower needs "Hard Money".
- Copy of the Purchase agreement and downpayment. ( at least 20% equity required)
- If a refinance, a copy of mortgage statement
wmoore@allcommercialmortgage.com
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