Results 1 to 7 of 7
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11-10-2023, 05:29 PM #1
Reputation points: 117
- Join Date
- Apr 2017
- Posts
- 127
Direct Construction Lenders for $50 - $100M
Please list direct lenders and investors which may be interested in this project. Thank you.
Summary:
Ground up construction on a residential condo building (200-300 units)
Developer already owns the 20 Acre waterfront property.
There is an operating marina, restaurant, and event space currently on the land.
State: Florida
There are plans and appraisals with specific numbers. Total costs are between $50-$100M.
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11-10-2023, 06:25 PM #2
Reputation points: 42
- Join Date
- Oct 2022
- Posts
- 194
I have private money lenders for this. Do you have more information about this?
Elon Henek
HCI - Glen Cove, NY
Main: 1-516-676-1854
Cell: 1-516-236-4086
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11-10-2023, 07:34 PM #3
Is Robert McFarland Sponsor on this?
If so, everyone in the world has seen this file and he has no capital contribution as to why it can't be funded.
(Another broker called me two days ago about this file).Last edited by Olderguy; 11-10-2023 at 09:07 PM.
Steve Benjamin
Professional Business Loans
1012 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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11-17-2023, 11:58 AM #4
Reputation points: 117
- Join Date
- Apr 2017
- Posts
- 127
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11-17-2023, 02:29 PM #5
The specs on it are exactly what he reached out to me on and it was just too similar.
Reach out - I have a couple of direct lenders who can do this.
Just to give you an idea on construction loans:
Need the attached intake form:
https://drive.google.com/file/d/1ESe...ew?usp=sharing
And you need:
Executive Summary
Resume of sponsor
Business plan
Do they have permits, entitlements, final plan/map and is it shovel ready?Last edited by Olderguy; 11-17-2023 at 02:31 PM.
Steve Benjamin
Professional Business Loans
1012 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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11-19-2023, 09:49 AM #6
Reputation points: 10
- Join Date
- Dec 2021
- Posts
- 4
send me a package I do hotel casinos. edwardsg@ptd.net
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11-25-2023, 09:20 AM #7
Reputation points: 10
- Join Date
- Dec 2021
- Posts
- 4
I do hotel casino's send package to peter email edwardsg@ptd.net
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