CRE Financing Solutions for Troubled Times


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This presentation shows how investors/owners can get loans for their commercial real estate projects.

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CRE Financing Solutions for Troubled Times

  1. 1. Presenter: Malcolm A Turner, CCLE President-CEO of Castle Commercial Capital, LLC Date: March 2009
  2. 2. <ul><li>What is the current loan process? </li></ul><ul><li>Which properties can be financed today, given this tough lending environment? </li></ul><ul><li>How are they being financed right now? i.e. loan program details </li></ul><ul><li>Who is getting financed in this market? </li></ul><ul><li>Where do I go to get my deal closed? </li></ul>Critical Questions that must be answered
  3. 3. <ul><li>Step 1: Rapid Pre-Qualify </li></ul><ul><li>Step 2: Client Interview </li></ul><ul><li>Step 3: Loan Packaging & Underwriting </li></ul><ul><li>Step 4: Letter of Intent (LOI) </li></ul><ul><li>Step 5: Due Diligence & Closing </li></ul>Loan Process – 5 Easy Steps
  4. 4. <ul><li>Multi-Family - Apartments, Assisted Living, and Senior Housing PDF file </li></ul><ul><li>Office - Commercial, Medical, Dental, and Industrial PDF file </li></ul><ul><li>Retail - Storefront, Free-Standing, Strip Malls, and Shopping Centers PDF file </li></ul><ul><li>Warehouse - Industrial/Self-Storage PDF file </li></ul>Loan Programs – by Property Type
  5. 5. <ul><li>Owner-Occupied and other SBA properties PDF file </li></ul><ul><li>Hospitality - Flagged Hotels, Motels, and Bed & Breakfast's PDF file </li></ul><ul><li>Churches - New Construction, Expansion, Purchase, or Refinance PDF file </li></ul><ul><li>There are many others which are not listed but are fundable. </li></ul>Loan Programs – by Property Type (cont’d)
  6. 6. <ul><li>Purchaser or developer of commercial property with a strong cash position: 15–20% </li></ul><ul><li>Owner seeking to refinance a commercial property which has a strong equity position: 20-35% </li></ul><ul><li>Church looking for specialized church financing and which has a strong tithing history. </li></ul><ul><li>Borrower who cannot meet their local bank's strict underwriting guidelines but have a solid project. </li></ul><ul><li>Manufacturing or service business with a solid customer base and good financials which needs lines of credit or accounts receiveable factoring. </li></ul>Profiles of Successful Borrowers
  7. 7. <ul><li>Keep in mind that strength in one area of a deal can make up for weakness in another area. Utilize our expertise to underwrite your deal and increase your odds of funding successfully. </li></ul><ul><li>In this market, the ability to close trumps all other factors. Our programs are active and funding. </li></ul><ul><li>A select group of programs are featured in this presentation. We have others that may be a better fit for your situation. Call us if your needs are not addressed by what you have seen here. </li></ul>Points to Remember
  8. 8. <ul><li>DeVon Jackson </li></ul><ul><li>Vice President </li></ul><ul><li>Castle Commercial Capital, LLC </li></ul><ul><li>2000 Town Center Dr. Suite 1900 </li></ul><ul><li>Southfield, MI 48075 </li></ul><ul><li>Click here to llnk to Mapquest </li></ul><ul><li>Direct: (248) 568-1488 </li></ul><ul><li>Fax: (248) 281-6280 </li></ul><ul><li>Email/Website </li></ul><ul><li>[email_address] </li></ul><ul><li>http:// </li></ul>Feel Free to Contact Me
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