… a private and commercial real estate lending firm, specializing in tailor-made solutions.
.. a private and commercial real estate lending firm, specializing in tailor-made solutions.
While each loan opportunity is evaluated on its own, our basic loan terms are as follows:
• Loan purpose:
Acquisitions, refinances, cash outs, discounted note payoffs, renovation, deep value add, construction completion
• Loan amounts:
$1M – $50M
Starting at 5.5%
• Origination Fees:
Up to 75% for senior debt and 85% for mezzanine / preferred equity
12 – 36 months
Both recourse and non-recourse loans are available
• Target markets:
Southern US and major markets nationwide
• Property types:
Hospitality, multifamily, office, retail, condo, mixed use, industrial, self-storage, construction completion and land.
• Lien position:
Senior, subordinate and mezzanine / preferred equity available for special situations
• Closing time:
About 30 days, faster on an exception basis
As a direct purchaser of commercial mortgages, Newstream Capital gives lenders the opportunity to monetize their sub-performing loans. Our team has extensive experience with loan sellers facing impending maturities, defaults (both technical and payment), and multiple extensions and modifications. While conventional lenders avoid borrowers in special situations, we embrace the opportunity. At Newstream Capital, we pride ourselves on our competitive pricing and our commitment to building and fostering long-term relationships with banks, brokers, and sellers.