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Sources of Financing
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Sources of Financing Fritz Cadet & Hench Lending Group, Inc. (954-979-7031) offers commercial loans from $300,000 to $150 million with a DSCR of 1.25 and amortization from 15 years to 30 years. The company also offers financing for the following types of properties: apartments, assisted living facilities, conduit financing, commercial construction, condo-hotel, credit tenant, healthcare facilities, industrial loans, medical office/condos, mixed-use, mobile homes, NNN tenants, nursing facilities, office buildings, shopping centers, self storage facilities, mini storage and warehouses.
United Capital Group, LLC (248-682-6650) is seeking financing opportunities for single-tenant properties and ground leases on investment grade, and on a case-by-case basis, non-investment grade tenants under the following programs: typical fixed rate CTL program with the term and amortization commensurate with the primary lease term. Loans can be underwritten with a minimum debt coverage of 1.00x and up to 100% of value; a fixed rate 10-year term with an amortization of 30 years. Loans are underwritten at a debt coverage of 1.20x to a maximum 80% of value; and A/B note structure. Loans can be underwritten with a minimum debt coverage of 1.0x, not to exceed 100% of value. |