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Links Capital Partners offers three kinds of Debt Programs: Bridge Financing, Mezzanine Financing and Loan Purchases. Click on the links to learn more about each of our 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 80% |
| Interest Rate: |
as low as 10% |
| Upfront Fees: |
Between 1% and 5% |
| Lockout: |
Negotiable |
| Equity Participation: |
None |
| Closing: |
As fast as 3 weeks |
| Property Types: |
All |
| 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: |
$2.5 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 80% |
| Interest Rate: |
as low as 14% |
| Upfront Fees: |
Between 2% and 5% |
| Lockout: |
Negotiable. |
| Equity Participation: |
Negotiable. |
| Closing: |
As fast as 3 weeks |
| Property Types: |
All |
| 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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