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CRG CAPITAL, INC.
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CRG Capital Inc.
Capital Resource Group
ACQUISITION CRITERIA – COMMERCIAL REAL ESTATE JOINT VENTURES
$ 5,000,000 to $ 20,000,000 Mezzanine financing solutions
$ 15,000,000 to $ 45,000,000 Debt and Equity – like financing solutions
MEZZANINE FINANCING SOLUTIONS
Mezzanine loans up to 90% of cost/value
Up to 5 – year terms
Minimum debt service coverage is 1.05%, all-in, based on benchmark rate
All property types, with an emphasis on multi-family, office, retail and industrial
Floating – or fixed-rate pricing available at 300-1000+ LIBOR
Non – recourse except for standard carve-outs
PARTICIPATING DEBT – EQUITY FINANCING SOLUTIONS
Participation loans up to 98% leverage of cost/value and 90% of the equity position
No fixed or current pay requirements; ideal for development and repositioning deals
Up to 4-year terms
No current – pay requirement, bank participates in profits
Targeted ROI of 18% or more
Up to 50% profit sharing on projects
Prefer to exit via third party sale vs. re – finance
Best for a sponsor with a true equity need and willingness to share in the appreciation of the property
GEOGRAPHIC TARGETS AREAS
United States (minimum deal size of $ 5 million)
PROPERTY TYPES
Multi-family (C properties or value added component)
Office
Retail (expansion or repositioning opportunities a plus)
Industrial
TARGET SPONSORS
History of success with similar projects
High level of integrity and good reputation
Local market expertise
Management depth commensurate with activity level
Stable financial condition and clear credit history
SUBMITTAL CRITERIA*
Location and size of property
Operating statements for property (pro forma is acceptable)
Current rent roll
Anchor tenant sales (if available)
Site plan (with parking count)
Trade area demographics
Trade area description
Traffic counts
Area map
Competition map (if available)
We understand that a deal may have unique qualities. If you have a good deal, please feel at liberty to call or email us.
© Copyright 2012, CRG Capital , Inc.
all rights reserved.
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