[BTI]

Greetings,

We have a client that has commercial real estate which is in Chapter 11 bankruptcy and is looking for financing so he may pay off the properties and possible sell one or both.

Please mesage me if you have any lender which may take this deal.


Regards,
Adam

[Olderguy]

BK needs to be discharged or dismissed then 50% LTV from one of my lenders.....there may be someone who might do this....I just know off the top of my head.

[SBF]

Call me if you want some help on this.

[BTI]

Thanks...I applied at gordonbrothers.com They will structure distressed property deals....but this was too small for them. So we are looking for lenders like this....

Regards,
Adam

[Olderguy]

Email me some specifics and I'll reach out to some people I know.

[creloan]

As Steve said, that BK will need to be discharged before anyone will touch it.

There may be a nut out there who'd do it.

Once BK is discharged- We work with a distressed property lender that'll do these things. You really didn't say what TYPE of commercial property but generally speaking-

Most commercial real estate property types including cannabis

$1mm to $40mm

max 65% LTV

11% starting rate 12 - 24 mo

2-4 pts lender origination

Close in a week if needed (expensive)

Acquisition - Refi - DIP - Past BK ok , no ground up construction

USA - Puerto Rico

Greetings,

We have a client that has commercial real estate which is in Chapter 11 bankruptcy and is looking for financing so he may pay off the properties and possible sell one or both.

Please mesage me if you have any lender which may take this deal.


Regards,
Adam