|
|
|
Bay Area Capital Funding Inc provides loans for the acquisition, refinance, or construction of shopping center properties including, mall, strip center, department store anchored, unanchored, weak anchored, single or multi-tenant, and credit tenant properties. |
Bay Area Capital Funding Inc. works with numerous lenders that provide financing for retail buildings and shopping centers. Shopping Center and retail building loans can include fixed rate, variable rate, long term and short term type structure. We have Retail Buildings and Shopping Center Financing available from $500,000 to $500,000,000.
BACF Inc. provides a wide assortment of comprehensive financing programs. Our primary goal is to be your source for the financing of commercial loans. We provide creative solutions for commercial real estate investors across the nation. If you need to refinance an existing property or you need purchase money - we can help structure the terms that most suitably meet your needs.
Both traditional and stated income loans are available.
|
Eligible Properties |
Most market appropriate projects should be acceptable; particularly if pre-leased or leased with long term anchored situations
|
|
Minimum Loan Size |
$500,000.00 |
|
Location |
OK in mid to large market sectors and small market sectors as appropriate |
|
Loan Terms |
5-10 year fixed terms with 25-30 year amortizations. |
|
Personal Guarantees |
Recourse and non-recourse |
|
Loan-to-Value |
75% typically |
|
Occupancy Requirements |
refer |
|
Third Party Reports |
Appraisal Phase One Environmental possible
|
|
Preliminary Submission: |
Include the following in your request:
1. Summary with property description and location map
2. Personal Financial statement
3. Representative color photographs
4. Current rent roll and year-to-date operating statement
5. Resume
6. Existing balance sheet
7. Current year operating statement
8. Operating history - prior 3 years, if available
9. Commercial Application
|
|
|