REAL ESTATE PROGRAMS
The Haskin Capital Group Real Estate lending program is unlike any other. The depth of our resources allow us to provide borrowers with all points of the capital stack. From traditional senior lending and mezzanine debt to preferred and joint venture equity. Our Real Estate offerings extend nationwide and include virtually all property types.
Construction Loans
Construction loans can be used for almost any construction or substantial rehabilitation project. Loan-to-cost and loan-to-value is established based upon the nature of the deal, location, borrower experience and project duration. HCG, Inc can arrange SBA and USDA construction financing for higher leverage and greater underwriting flexibility. For large deals Haskin Capital Group may also be able to arrange construction mezzanine debt to increase a developer’s leverage.
Typical Terms
- Loan to cost generally up to 75%
- SBA and HUD loans LTC up to 90% for qualified projects
- Terms from 12 to 36 months
- Mini-perms and construction to permanent loans available
- Interest Only
- Prime and LIBOR based
Permanent Loans
There are many type of permanent financing that can be arranged by HCG, Inc. Some investor real estate loans can be done without recourse (except for stand carve outs). Optional features include early rate lock, earn out clauses, assumable loans, subordinate financing and prepayment flexibility.
Typical Terms
- Loan to value generally up to 75%
- Terms from 3 to 30 years
- Amortizations from 20-30 years
Bridge Loans
Bridge loans are available for a variety of reasons, to give property owners a chance to reposition their assets to take advantage of changing market conditions. We have high leverage bridge loans available where exit has a high degree of certainty. Other bridge loans can take advantage of a property’s existing or potential untapped equity.
Typical Terms
- Loan to value generally up to 75%
- Terms from 12 to 36 months
- Interest Only
- Prime and LIBOR based
Mezzanine Debt/Preferred Equity
Mezzanine debt provides increased leverage to a transaction. It can be structured as a second lien on property or as a preferred equity. A mezzanine loan can be an integral component for a real estate owner of developer in many diverse circumstances.
Typical Terms
- Terms from 3 to 5 years. Longer terms can be negotiated
- Interest only or fully amortizing
- Interest can be accrued or deferred
Joint-Venture Equity
In certain cases Haskin Capital Group can provide a developer with a joint-venture partner. Our program can provide nearly 100% of the equity required for a project depending on factors including credit quality of tenants, pre-leasing prior to funding, current cash flows and project profile.
Typical Terms
- Loan to value generally up to 95%
- Terms from 3 to 5 years; Longer terms can be negotiated
- Cash flow waterfall to determine participant payouts
- Can be done as preferred equity or pro-ratea with developer promote
Property Types
| Agriculture Programs Apartment Buildings Assisted Living Facilities Bed and Breakfasts Churches Condominium Developments Convenience Stores Dry Cleaners Day Care Centers Gas Stations Golf Courses Hospitals Hotels/Motels Industrial Properties Land |
Marinas Medical Facilities Mixed-Use Buildings Mobile Home Parks Office Buildings Owner-Occupied Properties Outlet Centers Parking Garages Restaurants Retail Centers Self Storage Facilities Skilled-Nursing Facilities Special Purpose Properties Warehouses …and more |