INTERNATIONAL COMMERCIAL MORTGAGES
LOAN AMOUNTS FROM USD 5MM TO $500MM+
Lending Area: Worldwide*
PURCHASE - REFINANCE - BRIDGE - CONSTRUCTION
NO UPFRONT FEES - All lenders require borrower to pay for appraisal prior to funding (see LOAN PROCESS below).
We provide timely financing for international commercial real estate with competitive permanent mortgage terms and a streamlined process. Real estate can be held as an investment or occupied by the owner’s business. Purchase, refinance, cash-out refinance, and land development mortgages are available worldwide. With large balance mortgages of $5,000,000 plus, the lending criteria focuses more on project worthiness. However, sponsor/guarantor strength is still a factor. Borrowers can be individuals, corporations, LLCs, partnerships, trusts, estates, international investors, etc.
LOAN TYPES INCLUDE (ALL SECURED BY REAL ESTATE)
Commercial Lending, Construction Financing, PUD Development Financing, Portfolio Loans, Corporate Financing, Mergers & Acquisitions, Business Loans, Lines of Credit, Capital Raising, Start-up Capital, Bridge/Mezzanine Loans, Hard Money, Renewable Energy Financing, Complementary Energy Consultation, Residential Investor 30 Year Mortgages, No Doc, Investment Banking, Consulting
COMMERCIAL PROPERTY TYPES (WORLDWIDE)
Land Development, Apartments/Mixed Use, Hospitality (hotels and resorts), Retail/Office
RECENTLY FINANCED (A to Z)
Auto Dealerships (Franchised), Cruise Ships, Food Processing Plants, Gas Stations, Golf Courses, Hospitals, Hotel-Casinos, Industrial / Warehouses, Land, Land Development, Manufacturing Plants, Medical Malls, Mixed Use, Mobile Home Parks, Motels, Multifamily (5+ Units), Office Buildings, Retail Buildings, Resorts, Self Storage Facilities, Shopping Centers, Single Tenant, Ski Resorts, Special Purpose, Sports-Entertainment Complexes, Student Housing, Television Stations, Theme Parks, Timeshare Resorts.
MORTGAGE LOAN OVERVIEW
Initially, only an Executive Summary (ES) (i.e. generic or borrower's) is needed (and any supporting documents that borrower wishes to provide). In the case of development projects, we need: breakdown of use of funds, land status (i.e. borrower owned & free of liens?), and the land value. We do not do 100% financing. Borrower generally needs a minimum of 25% contribution into total project (including land). Often, if borrower owns the land free of liens is sufficient.
Email ES & any supporting documents here.
If lender likes the project after reviewing the Executive Summary and intake form, lender may ask to meet borrower on a conference call to discuss/clarify any issues, balance of documents for final mortgage approval are requested from borrower, and fee agreement is emailed to borrower. Once we secure a signed loan commitment and prior to funding, all lenders will require that borrower pays for an appraisal. Commercial appraisals range in price depending on the scope of work an appraiser needs to complete and the size of the property.
All real estate based projects worldwide (excluding sanctioned countries) are considered with the general exception of film and movie projects and countries that do not allow foreign land ownership, which may cause an issue if borrower defaults and lender needs to foreclose. For example, Indonesia, Philippines, and Thailand restrict foreign ownership of land to a maximum of 40%, and in India a foreigner needs approval from the RBI (Reserve Bank of India). So, real estate loans in these countries are not possible at this time. On this basis, these are some countries that are feasible: Asia (Cambodia, Japan, Malaysia), Australia and New Zeland, Canada, most of Europe, UAE, United Kingdom, and United States.