NEW YORK CAPITAL ENTERPRISES, LLC

Transcription

1 NEW YORK CAPITAL ENTERPRISES, LLC Commercial Lending Taiillored solluttiions" 44 Wall Street, 12 th FL. NEW YORK, NY Tel Fax

2 Having a wealth of entrepreneurial experience has given us the insight to evaluate our clients' business needs and desires to determine if their current Business Plan and Assets actually meets the goals they have set out to accomplish. New York Capital Enterprises is a cutting edge commercial intermediary with relationships with hundreds of domestic and international investors ready to listen to your capital needs. Our Core Focus is to build life-long relationships and deliver a consistent outstanding client experience. We hold the highest standards of integrity, honesty and loyalty to our clientele. Experience distinguishes New York Capital Enterprises Commercial Lending network of commercial mortgage financing. Our commercial lenders possess both industry knowledge and business acumen enabling them to provide creative real estate solutions to benefit our clientele. Differentiation - Needs Based Analysis - Customized Solutions - Hands-On Approach - Short & Long Term Portfolio Strategies Alternatives are what we offer our clientele when it comes to matching their real estate financing request with the optimal financial products. We are able to offer a wide range of structures to fit even the most challenging transactions 2

3 Overviiew Our alliances facilitate our clients to navigate through challenging segment of the commercial real estate financing marketplace. Our seasoned commercial lenders will personally advise you through the entire loan process. Express Loan Program: $100,000 to $1,000,000 Premium Loan Program: $1,000,000 to $5,000,000 Platinum Loan Program: $5,000,000+ Permanent Mortgage: Construction Financing: Commercial Equity Lines of Credit: Mezzanine / Gap Funding: Owner-Occupied Properties: Non-Conventional Financing: Express Loan Program LOAN SIZE AS LOW AS $100,000 New York Capital Enterprises helps clients navigate through this challenging segment of the commercial real estate financing marketplace. Our seasoned commercial lenders will personally advise you through the entire loan process. Loan Size: Loan Type: Category: Property Types: Products: Amortization: LTV: Interest Rates: Documentation: Prepayment: Location: Recourse: Timing: $100,000 to $1 million Purchase, Refinance, Construction, Bridge/Hard Money Investment & Owner Occupied Most property types acceptable included: multi-family, mixed-use, Retail Strip-Shopping Centers, Office Buildings, Lt. Industrial, Warehouse and Specialty Properties. 1, 3, 5, 7, 10, 15, 30 year - Floating & Fixed Rate Terms Self-Liquidating, 15,20,25 & 30 year terms 60%-80% Investment - 60%-90% Owner-Occupied Based on index, treasuries or financial instrument matching associated product Full and Low Documentation programs Step-down Nationwide Full recourse is required on most programs days based on date of formal submission 3

4 Premium Loan Program: $1,000,000 to $5,000,000 The Premium Loan program covers a greater span of property types and structures. This program is designed for the client who wants to add value and grow their portfolio. Loan Size: $1 million - $5 million Loan Type: Purchase, Refinance, Construction, Bridge/Hard Money Category: Investment & Owner Occupied Property Types: Products: Most property types acceptable included: multi-family, mixed-use, Retail Anchored Shopping Centers, Office Buildings, Lt. Industrial, Mini- Storage, Warehouse, Subdivisions, Hotels (Flag& Non-Flag), Healthcare and Specialty Properties Interest-Only, 1, 3, 5, 7, 10, 15, 30 year- Floating & Fixed, Rate Terms Amortization: Self-Liquidating, 15,20,25 & 30 year terms LTV: Interest Rates: 60%-90% Investment 60-90%: Owner Occupied Based on index, treasuries or financial instrument matching associated product Documentation: Full and some Low Documentation programs Prepayment: Step-down, Defeasance and Yield Maintenance Location: Nationwide Recourse: Non-Recourse is available on most programs Timing: o days based on date of formal submission Platinum Loan Program: $5,000,000+ Platinum Loans are used for strategic and financial clients who grow to the next level in the world of commercial real estate. Loan Size: $5 million and greater Loan Type: Purchase, Refinance, Construction, Bridge/Hard Money Category: Investment & Owner Occupied Property Types: Products: Most property types acceptable included: multi-family, mixed-use, Retail Anchored Shopping Centers, Office Buildings, Lt. Industrial, Storage, Warehouse, Subdivisions, Hotels (Flag& Non-Flag), Healthcare, multiple building portfolio, Condominium Conversions, regional malls and Specialty Properties Interest-Only, 1, 3, 5, 7, 10, 15, 18, 20, 30 year-floating & Fixed Rate Terms Amortization: Self-Liquidating, 15,20,25 & 30 year terms Interest Rates: LTV: 60%-90% Investment 60-90%: Owner Occupied Based on index, treasuries or financial instrument matching associated product Documentation: Full Documentation programs Prepayment: Step-down, Defeasance and Yield Maintenance Location: Nationwide Recourse: Non-Recourse with standard carve outs Timing: days based on date of formal submission 4

5 Permanent Mortgage New York Capital Enterprises has developed solid relationships in the marketplace helping us finance a wide array of income-producing properties. Whether our client is making an acquisition or refinancing their current mortgage, New York Capital Enterprises provides a customized analysis to match the most appropriate product with a client s real estate strategy. The most commonly used commercial mortgage financing is a New York Capital Enterprises. A Permanent Mortgage is a primary mortgage used to create stability in an interest sensitive market and control interest rate risk. In addition, the permanent mortgage is used to take out bridge or construction financing at the end of a project and offers a client a fixed term for a defined period of time. Types of properties include: CONVENTIONAL Mixed-Use Retail Strip Centers Franchise Multi-Family Apartments Cooperative Complex Commercial Co-Ops Office Buildings Commercial Condos Regional Mall Industrial Warehouse Hotel - Flagged NON-CONVENTIONAL Stand-Alone Restaurants Mobile Home Parks Vacant Land Assisted Living Facility Houses of Worship Self-Storage Gas Stations Bed & Breakfast Medical Facility Auto Body Shops Hotel/Motel - Non Flag Resorts Golf Courses Day Care Center Marinas Car Wash Single Use Property Hospitals Construction Financing New York Capital Enterprises has nationwide investors to fund a wide variety of construction projects. The types of projects range from condo conversions, groundup construction, build-to-suit projects, gut rehabs and sub-division projects. Construction project financing is typically short-term in nature, lasting months which is the standard period of construction for most projects. Furthermore, payment during the construction period is paid on an interest only basis. This allows a developer, builder or contractor to benefit from better cash flow management. Our team of construction experts is ready to assist you with your project. Please complete our application and we will contact you to discuss your ground breaking opportunity. Commercial Equity Lines of Credit New York Capital Enterprises Lending has creative ways of financing commercial real estate acquisitions or reclaim locked-up equity from properties in your real estate portfolio. We utilize a line of credit which is used for a short-term period defined by a year or secure a multi-year revolver. A line of credit provides tremendous flexibility to a client to: - provide a down payment for a new property acquisition - perform upgrades and renovations to increase property value - pay outstanding non-real estate obligations The product is offered in select markets and for specified property types so contact us to discuss your specific situation. 5

6 Mezzanine financing New York Capital Enterprises has the ability to look beyond the standard structure of a transaction. When you are unable to meet specific Loan-to-Values when purchasing a property or getting additional cash-out we can secure a second mortgage position to support your request. Mezzanine financing refers to financing that would be placed between senior debt and the equity investment. Mezzanine capital usually takes the form of subordinated debt, which senior debt holders, usually banks, view as equity. The reason to use mezzanine financing is to fund rapid expansion or acquisitions of commercial real estate for your portfolio. By using this type of subordinated debt, you will reduce the balance sheet leverage from the senior debt holder's perspective and accomplish more with less capital from an investor s perspective. Therefore, by using mezzanine financing, which costs more, you can create rather than lose more opportunities. Owner Occupied Properties Business owners who own the property housing their business have very unique needs. The New York Capital Enterprises team is proud to have former commercial bank lenders on board, ready to provide the special services required owneroccupied real estate. New York Capital Enterprises provides comprehensive financing solutions for business owners and we keep the following needs in mind: Capital Preservation High Loan-to-Value up to 90% Limited out of pocket down payment Better cash flow management for business Combination Structures New York Capital Enterprises can arrange a mortgage by combining it with commercial credit lines and/or another term loans to preserve capital and satisfy long-term strategic planning. Long-range planning and strategy NYCE takes and advisory role and typically conducts a full analysis with the corporate management team and related professional in an effort to structure the financing that will foster long-term success Our comprehensive approach allows us to identify needs outside the scope of lending and bring to bear our resources so that the client could consider those services. Non-Conventional Financing New York Capital Enterprises can secure the short-term capital needed when a client needs to close fast, lacks capital or is experiencing financial difficulties. The short-term fix can create new real estate opportunities or assist in resolving specific financial situations. Our team can assess the situation quickly and reach out to our investors who will act on the specific opportunity. The types of situations are: Short-Term Bridge Loans Hard Money Transactions Acquisition & Development Foreclosure Bailout Bankruptcy/DIP Personal Debt Repayment Judgments or Tax Lien payoffs Unusual Property Type 6

7 Property Types CONVENTIONAL Mixed-Use Retail Strip Centers Franchise Multi-Family Apartments Cooperative Complex Commercial Co-Ops Office Buildings Commercial Condos Regional Mall Industrial Warehouse Hotel - Flagged NON-CONVENTIONAL Stand-Alone Restaurants Mobile Home Parks Vacant Land Assisted Living Facility Houses of Worship Self-Storage Gas Stations Bed & Breakfast Medical Facility Auto Body Shops Hotel/Motel - Non Flag Resorts Golf Courses Day Care Center Marinas Car Wash Single Use Property Hospitals Our Affiliates Programs New York Capital Enterprises takes pride through establishing premium relationships with third party affiliates. Through the years, we have established hundreds of active & successful programs, which are mutually beneficial in building trust and professional client service for our affiliates. Affiliates include, but are not limited to: CPAs Commercial Real Estate Brokers Residential Mortgage Brokerages Attorneys Construction Managers Insurance Agencies Banks Financial Service Firms Developers Economic Development Professionals Please contact us to discuss how we can assist you in growing your business by referring your clients to New York Capital Enterprises. For a free evaluation or more information please contact us at or you can s us at info@nycapitalent.com 7