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COMMERCIAL SPECIALTY
Hospitality/Gaming/Resorts/Special Purpose/Restaurants/B&B
- Equity Partnerships
- Joint Ventures
- Asset Based Lending
- International Projects
- Foreign Nationals Program
- Discounted Mortgage Notes Lending
- Securities Based Lending
- Commercial Mortgage Modification
- Private Placement
- Multifamily
- Mixed Use
- SBLC
- PIP Requirements Funding - Hotels
- Special Purpose: Assisted Living/Golf Courses/Marinas/Amusement Parks
We have access to Private Capital such as "Hedge Funds" & "Private Equity Firms" on WALL STREET so Please do Call or Email us Today so that We can Discuss all of the various Commercial Lending Options that are available to You & Your Hospitality Clients. We at The Cannae Group LLC want a Long Term Business Relationship with all of our Commercial Clients!!!
GOOD NEWS
100% LTV is back for HOTEL LENDING in 2012!!! Check out my external BLOG below for the details:
W:VikkiHotels.blogspot.com
LENDING SUBMISSION REQUIREMENTS FLYER
WHAT WE LOOK FOR IN A PROJECT:
A.) Solid Proforma/Profit & Loss Statement
B.) Strong Collateral(The Property itself)
C.) Industry Experience from the Borrower
TO START OUR INITIAL EVALUATION OF THE PROJECT:
1.) EXECUTIVE SUMMARY(including the Names/Resumes of the Principals)
2.) Detailed Summary of the Use of the Loan Proceeds
3.) Current Profit & Loss Statement
4.) Market Summary
5.) Construction Plan & Construction Costs(Hard & Soft), Site Plans, Drawings & Pics
6.) Copies of the Permits, Approval Entitlements & Environmental Reports
7.) Original Cost of Property & Details of the current Investment(Land Cost)
8.) Appraisal "As is" & after Project is completed
9.) Details of existing Debt & Equity on Property/Project
10.) Personal Financial Statement of all Principals(Liabilities, Assets, Net Worth, Cash & Credit Score.
11.) Copy of the Purchase Sale Agreement if applicable
12.) Exit Strategy
13.) My NCND/NON FEE NCND FORMS mutually signed by all Parties
NOTE: We will NOT look at any Deals without all of the above required "DOCS"!!!
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