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Links Capital Partners

miami beach real estate funding

DEBT PROGRAMS

Bridge Financing

Links Capital Partners is an active provider of bridge loans secured by senior liens on real estate. Loans range from $10.0 million to $100.0 million and are typically for a term of 1 to 3 years. LCP's loans include interest coupons, which can be structured as current pay or accrual, and amortization schedules ranging from interest only to fully amortizing. LCP financing can be used by owner/operators of real estate (i) to complete new acquisitions or build-to-suit developments; (ii) to develop commercial projects which are anticipated to stabilize over a 2-4 year period; (iii) to repurchase existing debt from current lenders, often at a discount; (iv) to acquire existing performing and non-performing mortgages collateralized by real estate; (v) to recapitalize existing assets, including partnership buyouts and (vi) to fund plans of reorganization or debtor-in-possession loans.

Bridge Loans
Loan Size: $10 to $100 million
Maturity: Up to 4 years
Amortization: Varied.  Typically interest only.
Security: 1st Mortgage lien
LTC: Up to 85%
Interest Rate: as low as 10%
Upfront Fees: Between 1% and 3%
Lockout: Negotiable
Equity Participation: None
Closing: As fast as 3 weeks
Property Types: All
Recourse: Generally non-recourse

Uses
Acquisitions
Recapitalizations
Value add repositioning
Construction
Repurchase of Existing Debt
Refinance asset based lenders
Short term sale/leasebacks
DIP Financing

Mezzanine Financing

Links Capital Partners is an active provider of mezzanine loans secured by either a junior lien on real estate or a pledge of the ownership interests in a property owning entity. Loans range from $10 million to $50 million and are typically for a term of 2 to 4 years. LCP's loans include interest coupons, which can be structured as current pay or accrual, and amortization schedules ranging from interest only to fully amortizing. LCP financing can be used by owner/operators of real estate (i) to complete new acquisitions or build-to-suit developments; (ii) to develop commercial projects which are anticipated to stabilize over a 2-4 year period; (iii) to repurchase existing debt from current lenders, often at a discount; (iv) to acquire existing performing/non-performing mortgages collateralized by real estate; (v) to recapitalize existing assets, including partnership buyouts and (vi) to fund plans of reorganization or debtor-in-possession loans.

Mezzanine Loans
Loan Size: $10 to $50 million
Maturity: Up to 4 years
Amortization: Varied.  Typically interest only.
Security: Pledge of ownership and/or a 2nd lien.  Intercreditor agreements are typically required.
LTC: Up to 90%
Interest Rate: as low as 14%
Upfront Fees: Between 1% and 3%
Lockout: Negotiable.
Equity Participation: Negotiable.
Closing: As fast as 3 weeks
Property Types: All
Recourse: Generally non-recourse

Uses
Acquisitions
Recapitalizations
Value add repositioning
Construction
Repurchase of Existing Debt
Refinance asset based lenders
Short term sale/leasebacks
DIP Financing
Note Purchases

 


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