Note Financing

  • Max advance on a note purchase is around 65% to 70%
  • Rates are between 10 and 13%
  • Terms will normally be a 12 month deal with one 6 month extension
  • Payments will be Interest Only
  • Points will be from 4 to 8
  • Right now we are trying to stay in the Midwest however if you come across other locations such as LA, San Diego, San Fran, Dallas, Seattle, NYC etc (large MSA’s) we will look at them
  • Property types are Retail, Office, Apartments, Industrial Warehouse, Self-Storage…we will look at other property types on a case by case basis