In spite of commercial banks walking away from developers, there are other funding alternatives available for their projects. Castle Commercial Capital has a private source of capital for single family, facility investment, construction, commercial, and bridge loans. This program was specifically created for loans of $1 million to $10 million that are designed to solve problems for businesses with special needs and circumstances. We offer loans for any type of real estate situation where a quick closing is needed. Deals must be very strong. No weakness in the project allowed but our private investors are funding good projects right now.
Castle Commercial Capital offers:
- Nationwide and International lending (case by case)
- 48 hour review of your loan package
- Loan size: $250,000 – $10,000,000
- Rates as low as 6.99% per annum
- Loan Origination Points: 3% – 5% (may vary depending on property and/or loan size)
- Loan Term: 12 – 48 months (extensions available)
- Maximum Loan-to-Value: 70%
- We offer 1st and 2nd mortgages/deeds of trust
- No large upfront due diligence fees
- Interest only or Interest Reserves
- Creative financing ideas for your transaction
- No prepay penalty options.
- Joint Venture Projects
We specialize in all types of properties:
- Multifamily
- High End Residential
- Shopping centers
- Office buildings
- Hotels & motels
- Golf Course Developments
- Non-performing assets
- And much more
If you or a borrower you know don’t qualify for a conventional loan, but has or will have sufficient real estate assets to secure a loan, please contact us to see how we can get your deal done. Visit us on the web at http://www.castlecommercialcapital.com or call us at (248) 327-0566 or email: info@castlecommercialcapital.com
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