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  1. #1

    Real Estate Financing

    Looking for mixed use real estate financing for my buyer.

    Property is restaurant/bar w/ 2 apartments.
    Seller is selling property contingent on purchase of attached liquor license. Property appraised at $250k and transferable liquor license valued at additional $100k. Buyer (my client) and the seller have a handshake deal at $300k and both parties just waiting until the buyer can secure financing.
    Buyer has 800+ FICO, a good hunk of cash, biz plan, and is ready to go. Buyer became frustrated with slow moving previous broker (over 3 months to date) with constantly changing deal terms. Is ready to move on.
    If you are an interested direct lender that can move quickly, we can get this deal done.

    Lane Kelly
    Vice President
    Office: 1.888.937.5363
    Cell: 267.266.3436
    lane.kelly@yeslender.com
    www.yeslender.com

  2. #2
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    Seems like this deal has several moving parts. Is it a business acquisition or a Real Estate transaction, or both? If there is an existing rent roll it will likely be quicker and easier (and more cost effective) to have a Commercial Real Estate Bank fund the transaction.. That is assuming the appraisal is accurate etc..

    Once you have all the specifics, if you would like 3rd party assistance, get back to me..

    Regards,

    Richard Gusmano, Managing Director
    Business Capital Consultants
    775 Park Avenue Suite 255
    Huntington, NY 11743

    Direct 516 510 3855

    rg@businesscapitalconsultants.com

  3. #3
    Noob Reputation points: 10 PaulHarrell's Avatar
    Join Date
    Feb 2015
    Location
    Los Angeles, CA, USA
    Posts
    1

    Well. I am thinking. I will inform you soon.

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