Short Term Bridge Loans
Gibraltar Capital Partners' short term bridge loan program focuses on acquisition of distressed real estate assets within the Western United States only, based on the following loan criteria:
- Loan Amount (minimum) - $1,000,000 per transaction
- Loan Amount (maximum) - $2.5 Million per transaction
- Loan Term - 60 Days – 1 Year
- Prepayment Penalty - Stated Term
- Loan Pricing - 8% Origination Fee + 16% APR
- Security - 1st Deeds of Trust, or acceptable alternative collateral.
- Exposure - 50% Loan to Value; and up to 75% Loan to Cost on appropriately discounted assets.
- Asset Classes - All real estate asset classes, including raw land, will be considered on the condition that the acquisition price represents appropriate distressed real estate market discounts.
Joint Ventures / Asset Repositioning
On a selected basis, Gibraltar Capital Partners will provide capital via a combination of debt and equity to recapitalize and reposition ditressed real estate projects, based on the following criteria:
- Gibraltar Equity Participation - 51% - 90%
- Minimum Asset Value - $3 Million
- Maximum Asset Value - $10 Million
- Exposure - 100% Loan to Cost and Loan to Value
- Asset Classes - All distressed real estate asset classes will be considered on the condition that the current asset valuation represents appropriate distressed real estate market discounts
Purchase of Non-Performing Loans or Loan Portfolios
Gibraltar Capital Partners will purchase non-performing loans and non-performing loan portfolios an a deal by deal basis from banks, hedge funds, and private investors on the following basis:
- Minimum Purchase - $1 Million
- Maximum Purchase - $10 Million
- Closing - two to four weeks
- Exclusions - REO portfolios will not be considered
- Asset Classes - All real estate asset classes