97% LTC construction Loan for Hampton Inn APPROVED!
by "Privatecapital12@[EMAIL PROTECTED]
" <Privatecapital12@[EMAIL PROTECTED]
>
Aug 26, 2008 at 02:53 PM
Commercial Partners Of Illinois is Pleased to announce the following:
Construction and mini perm financing for the construction and mini
perm financing of a Hampton Inn
Structure Lay out as follows:
Construction Loan is 97% of building cost ( 85% of LTV)
prime plus 2 18 months 2 TOTAL POINTS
Mini- Perm Structure
75% LTV Senior debt
22% Mezz Debt (504 Program)
Term 5 Year / 30 year amortization
Prime plus 2 @[EMAIL PROTECTED]
total points
$500 fixed rate conversion option after 12 months
Strong Borrower, with experience is a must, Low Liquidity is a must
for 504 program.
CALL US TODAY SO WE CAN CUSTOM STRUCTURE YOUR FINANCING NEEDS FOR
YOU!
Michael A Boraca- Managing Director
Commercial Partners of Illinois : Real Estate Financing & Brokerage
=93Where Op****tunity Becomes Reality=94
Direct: 630-788-7355 | Fax: 888-215-8342
Web: www.cpcommerciallending.com | Email: mike@[EMAIL PROTECTED]