Your partners in funding.

Our specialty is working on transactions that may require creative structuring, in the form of senior debt financing, mezzanine financing, participating debt, subordinated debt, equity capital, joint ventures, asset-based loan, unique capitalization, or hard money.

Our goal is to deliver outstanding results for each and every Client and we are committed to adhering to the highest standards of service.

Even in today's ever-changing market, UFI can help Clients with challenging funding requests achieve their goal of a successful closing with favorable terms. By leveraging our unique UFI Contact source network that has been developed over many years, we are able to provide Client-specific financing solutions, regardless of the complexity.

Real Estate Funding Types
Apartments • Bridge Loans • Churches • Construction Financing • Condo and Town Home • Developments • Congregate Care Facility • Factories Full-Serviceclient Major Flagged Hotels • Golf Courses • Growth Capital • Hard Money • Hospitals • Industrial Warehouses • International • Joint Ventures • Joint Venture Financing • Land Loans • Manufacturing Plants • Marinas • Master Planned Communities • Medical Office • Mezzanine Financing • Mixed Use • Mobile Home Parks • Multi-Family • Nursing Homes • Office Buildings • Parking Structures • Permanent Financing • Project Financing • Residential Development • Resorts • Retail (both anchored and unanchored) • Self Storage Facilities • Senior Housing • Shopping Centers • Strip Malls • Theme Parks • and more...

Types of Real Estate Financing Explained

Acquisition
An acquisition loan is used to acquire commercial property using the loan proceeds. This can include improved lots to already constructed and operating property. Loan size- $1M to $500M or more worldwide; amortization- 15 to 30-year schedules; variable and fixed interest rates available (verify current rates); purchases- 80% of purchase price; loan to value- 75% on most products; debt service coverage- apartments (multi-family) 1.15, commercial- 1.20; assumable for most scenarios; closing time- 45 to 60 days from the receipt of the complete package and supporting documents.

Acquisition and Development
Loans to both acquire and develop real property to an improved state. Voucher control is set up to disperse loan proceeds with interest only paid on the funds distributed. We can typically go to 75% loan to cost or 80% loan to value, whichever is less. We can typically provide a 2 to 3-year loan term for the construction, a 3-year mini-perm loan to stabilize the project, and permanent financing at the end. The permanent financing will vary by property type but usually, we can provide a 30-year 10-year amortization and 10 year fixed rate financing that is a margin range of 1.85 to 2.50 over the 10-year Treasury.

Asset Based
Loans for any purpose whereby collateral is put up for security. ASSET TYPES: Commercial Real Estate, Equipment, Assignable Assets, Stocks, Bonds, Sports Contracts, Precious Metals, Accounts Receivable, Cash, Fine Arts, etc. TYPES OF LOANS: Acquisition loans, Bridge loans, Development loans, Gap financing, Interim financing, Mezzanine financing, Short-term credit resolution, Project rescue funds for emergency situations, Factoring of accounts receivable; LOAN AMOUNT RANGE: $1M TO $100M.

Bankruptcy
"Debtor in Possession" financing on real property assets until institutional financing is available or the sale of the asset occurs. $1M to $25M.

Bridge Loan
A bridge loan is a loan that is used for a short duration of time until permanent financing is put in place. Bridge loans are a perfect solution to a timely acquisition or business opportunity because they allow a purchaser or investor to act quickly. These loans can be used for acquisition, buy-outs, foreclosures, cash out, and construction purposes. It is a form of short-term financing made for 1 month to 12 months (extensions are possible); up to 36 months, up to 90% financing; loans range from $1M to $50M.

Construction
A construction loan is a loan used to construct a building or other improvements of real property, with the land and improvements as collateral for the loan. Construction reserve accounts are generally maintained to disburse the money as the construction progresses. Up to 80% of the cost of the construction is available depending on the improved value.

Hard Money
For the following loan purposes: Acquisition, Raw Land, Bridge Financing, Construction, Bankruptcy Discharge, Refinance, Equity Recapture, Pending Foreclosure, and Poor Credit / Late Pay etc. will be considered; after approval, fast funding in days, when needed, on any type of commercial real estate project; credit challenges not a problem, all requests will be considered; loan amounts: $1M to $100M per project; TIMING: Loan decisions can typically be made within 24 hours from the receipt of the required items and documentation needed by underwriting; after loan approval and depending on the attorney's time to draw up the loan agreement/contract, funding can occur within 3 to 7 days or longer; LOAN TERM: 1 to 12 months or longer; LOAN TO VALUE: 50% or more, depending on the asset/collateral; INTEREST RATE: from 13% to 20%; Points can range from 6 to 10, depending on the specific property, the borrowers credit and the loan amount; Terms: The funding parameters, specific terms, timing, and costs will be based on the business analysis and overall risk assessment and strength of the project and the Principals. Since our sources are very competitive, the Principals' project will receive the rate and terms that it deserves.

Joint Venture Financing
UFI has access to many sources and providers of joint venture financing. This type of real estate funding is a means of structuring a mortgage and private, accredited equity. This use of other people's money (OPM) and their balance sheet can help the Client utilize leverage, minimize their cash input, help get their immediate project funded, and free up their cash reserves for other projects as well. This is achieved by creating a team between the Client with the project together with a Lender/Investor with the added financial capacity. Our sources have the expertise and relationships necessary to secure equity for real estate projects that make sense, whether it involves a single transaction or an entire portfolio. Typically, the range of funding can be from $1M to $500M or more.

Mezzanine
A mezzanine loan is a loan that is subordinate to a primary lender but it is debt that gives the Client the ability to drive the total financing to a higher leverage level, as compared to traditional bank financing alone (typical CLTV is 85% to 90%; in some cases, up to 95%). Mezzanine financing has become a common methodology to secure supplementary financing for real estate acquisitions and development projects. A mezzanine loan can be a freestanding loan that can be used for existing property/properties or for properties that are under construction and the mezzanine loan can be secured by a second mortgage or a pledge of partnership interests. This is typical in cases where the primary mortgage or construction loan equity requirements are larger than 10%. The mezzanine loan provides additional funding when the first mortgage is at the maximum loan amount; the mezzanine loan amount can be $1M and larger; the preference is $3M to $30M; larger transactions will be considered on a case-by-case basis.

Raw Commercial Land
Unimproved real property. From lots to large acreage. Normally raw land is valued at a 90-day "quick sale" price to determine loan-to-value ratios (financing up to 50%); loan amounts from $1M to $25M.

In addition to institutional sources, we have access to a large number of private money sources through our network of Lender/Investor underwriting groups. They underwrite debt service and real estate joint ventures, most often utilizing their in-house asset base and contracted investors. Our network is a potential and resourceful source of creative financing, fast funding, and high-level advisories.

Also, UFI is direct to a private placement consulting and syndication firm. They have over 115 entities in the syndicate (50%-USA, 50%-International) and the members are made up of a combination of pension funds, private banks, family trusts, high net worth individuals, hedge funds, and opportunity funds. Our sources can offer solutions that are not available in the traditional lending markets.

Another one of our sources represents hundreds of non-traditional, non-bank Private Lenders and they specialize in arranging alternative financing for more challenging commercial transactions throughout the USA and worldwide. They arrange financing for companies that are unable to secure financing through traditional sources, particularly if funding needs are immediate.

Traditional banks receive their funds from depositors like you and me and therefore have a mandate not to take undue risks with those monies they lend out. Our source represents Private Lenders who obtain their funds, not from deposits, but rather from the sale of notes and bonds on Wall Street and through private investors. Therefore, they are able to take on more risk and provide financing for tougher transactions that do not qualify for bank financing.

USA AND INTERNATIONAL PRIVATE FUNDING PROJECT TYPES:

• Alternative Energy development projects

• Apartment Buildings

• Office Buildings

• Commercial

• Condominiums

• Construction/Developments

• Raw Land

• Acquisition and Development

• Medical Buildings

• Multi-family

• Mixed-Use

• Retail Centers

• Hospitality

• Golf Courses

LOAN SIZE: $1M to $500M+; LOAN TERMS: Up to 3 years; INTEREST: 8 - 20%; LOAN TO VALUE: Up to 75% and higher in some instances; UNDERWRITING CRITERIA: the normal requirements from a collateral Lender; CREDIT: Single asset, bankruptcy-remote entity; PREPAYMENT PENALTIES: typically none after 6 months of timely payments; DUE DILIGENCE FEE: it varies but our Lender or Lender/Investor underwriting group will outline it in a formal Letter of Interest; POINTS: 4 – 10; CLOSING: can range from 10 - 90 days or more; INTEREST RESERVE: Required

Speed, timing, and access to funds are important elements in the success of a commercial project. Realizing this, UFI will use its experience and relationships in any attempt to help secure your funding.

BROKER INQUIRIES ARE WELCOMED AND APPRECIATED.