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Commercial Mortgages : Commercial Real Estate Lending -- Where to go when the markets dry up?

Blogger : Commercial Mortgage Blog
All posts : All posts by Commercial Mortgage Blog
Category : Commercial Mortgages
Blogged date : 2007 Dec 19


Alpine Commercial Capital offers commecial real estate financing options from $200,000 - $200 million plus through Alpine Capital Finance, Alpine Bridge Fund, and Alpine Advisory and Investment Banking Group (AIB).

Alpine Capital Finance (ACF), a wholly-owned subsidiary of Alpine Commercial Capital, specializes in originating, acquiring and securitizing small-balance ($200,000 - $5 million) commercial mortgage loans throughout the United States. ACF delivers an extensive platform of small balance debt products on a national basis with the highest level of professionalism, efficiency and reliability. ACF provides comprehensive national loan programs via Wholesale and Retail Channels. The ACF team is dedicated to closing loans quickly as well as honoring and standing by our commitments.

OWNER OCCUPIED COMMERCIAL REAL ESTATE LOANS - STATED AND FULL DOCUMENTATION

Most small business property owners have assumed that a community bank is the only place to go when their business needs cash. At ACF, we understand small business needs and that's why we created a faster, more flexible loan process compared to typical SBA programs. As specialists in owner-occupied commercial real estate financing, we can approve your loan faster and cheaper than with SBA financing. We offer loan amounts up to $5 million, up to 90% loan-to-value conventional financing, stated and full documentation loans, and extremely competitive rates with fast, reliable and simple loan commitments.

MULTIFAMILY, MIXED-USE & COMMERCIAL REAL ESTATE LOANS - STATED AND FULL DOCUMENTATION

ACF offers a standardized small balance loan product for multifamily, commercial and mixed-use properties located throughout the United States. We offer loan amounts up to $3 million, up to 80% loan-to-value conventional financing, stated and full documentation loans, and extremely competitive rates with fast, reliable and simple loan commitments. We offer a seller second program (up to 90% CLTV) that allows the borrower to leverage their equity, subject to approval.

BRIDGE FINANCING / HARD MONEY LOANS - TIME IS OF THE ESSENSE, STATED COMMERCIAL LOANS

Alpine's Bridge Loan Group specializes in structuring creative solutions to non-conforming deals. Alpine's Bridge Loan Group lends between $1 million - $100 million on any one deal throughout the United States. Loans typically close within 5-10 business days. Our Bridge Loan Group has financed all types of commercial real estate; office, retail, multifamily, hotel/motel, warehouse, marinas, gas stations, vacant buildings, inventory loans, cross-collateralized deals, among others. Our professionals will respond immediately to your needs. Whether in need of a time sensitive acquisition, construction funds or a bank workout, we can help. We take particular care in making sure all our clients receive immediate responses to any loan inquiries. Bridge Loan General Parameters

ALPINE BRIDGE FUND UPDATE AND RECENT DEAL

As the capital markets dry up, we are able to continuously fund deals through our dedicated Bridge Fund with over $200,000,000 of discretionary capital under management.  We funded a record month in November and are on pace to have a record month in December as well.

 

Through Alpine’s Bridge Fund, we recently closed a $25,000,000 deal where the broker was paid a commission at closing of $250,000. The loan was collateralized by a townhouse on the Upper East side of Manhattan.  The borrower needed to cash out quickly for another project downtown.  We reviewed his request and closed the loan within 20 days.  If you have not worked with us in the past on the bridge product, this serves as a great example of how our Bridge Fund executes and closes loans that others cannot.

 

 

Alpine Advisory & Investment Banking Group focuses on larger conventional real estate financings, from $3 million to $200 million plus.


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