Results 1 to 5 of 5
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10-27-2015, 02:03 AM #1
- Join Date
- Oct 2015
- Location
- Hartford, CT
- Posts
- 25
Overview of projects needing financing:
Catacumbas 5 - Church in Anasco PR.
Current Appraised value $5.3 Million CBRE
Needing 4.0 million or 75% LTV
Financials show $1.2 million budget
Presently paying 25,000.00 in rent until purchase completed
Willing to take a 5 year loan with ability to refinance with no pre penalty
Church has invested over $500,000.00 in capital improvements
Excellent credit rating
PHA for profit school – Orlando, Florida
Current appraised value $1.5 million thorough Chase bank
School in need of $900,000.00 loan to pay off bank
Willing to take a 5 year bridge loan
Yearly financials $1.7 million income
Excellent credit rating
Church of God of Prophecy NE District
They have 2 projects totaling 1.5 million
$400,000.00 in NJ and 1.1 remodel in Long Island
Strong financials and over 12 million in assets
The district office will guarantee the loan
Willing to receive a 3 million dollar line of credit to loan internally to their churches
Excellent credit rating
Lighthouse International Church – Port St. Lucie, Florida
Seeking $1.8 million dollar loan
$580,000.00 for refi balance and $1.3 million new construction
As-Is value 1.5 million subject to value after new construction $3.2 million
Yearly Financials $425,000 annually
Excellent credit rating
EMAIL ME IF YOU CAN DO THIS DEAL: INFO@PBIGFUNDING.COM
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10-27-2015, 06:53 PM #2
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
As you know Houses of Worship can be challenging.. We work with 3 separate Groups that like them.. 1 will do stated to $1M, the others need full doc.. Must be US props..
Richard 516 510 3855
www.businesscapitalconsultants.com
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10-28-2015, 08:20 PM #3
- Join Date
- Dec 2014
- Location
- Miami, FL
- Posts
- 13
I can help you with the school request, if still available.
jmontero@powercapitaldirect.com
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10-29-2015, 03:18 PM #4
Churches can be tricky, but schools are definitely doable. If you want to see what we can get on the table for them, shoot me an email and we'll talk!
Michael Jagiello
Director of Client Acquisitions
Blue Granite Funding LLC
mjagiello@bluegranitefunding.com
1(718)873-6407 Cell
1(917)791-8911 Fax
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10-29-2015, 04:05 PM #5
http://www.churchloans.net/
Griffin has funded some for us before
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