Excel Realty Capital: Recent Transactions

Blanket refinance

New York, NY

• Mixed use building
• Non condo/coop office building
• 10Y fixed rate
• 4.75%
• No prepayment penalty

$2,750,000

Bulk condo aquisition and construction

New York, NY

• Acquisition and construction
• Bulk condo purchase
• 5Y fixed / 30Y term
• 2Y construction period
• 2.75% acquisition loan

$6,200,000

Commercial coop, Medical Office

New York, NY

• Commercial coop
• Medical office space
• Rate and term refinance
• 20 year fixed rate, self liquidating
• 4.71%

Mixed use building

New York, NY

• 24 unit mixed use building 
• 10 year fixed rate
• 25 year amortization
• No prepayment penalty!

$3,500,000

Commercial Coop

New York, NY

• Commercial coop
• Vacant office space
• 24 month bridge loan
• No prepayment penalty
• 10%

$500,000

Mixed Use Building Loan

New York, NY

• Mixed Use
• Photography Studios & Residential
• 10Y fixed 25Y amortization
• No prepayment penalty
• 4.75%

$3,029,000

Medical Office / Commercial Condo

Brooklyn, NY

• Commercial condo
• Medical/Radiology office
• 7 year fixed
• 20 year amortization
• 4.85%

$1,120,000

Medical Office / Commercial Condo

Brooklyn, NY

• Commercial condo
• Medical office
• 15 year fixed
• Reduced prepay
• 4.75%

$850,000

Medical Office Loan / Commercial Coop

New York, NY

• Commercial coop
• Medical office
• 15 year fixed
• Reduced prepay
• Cash out refinance

Medical Office Loan / Commercial Coop

New York, NY

• Commercial coop
• Medical office
• 15 year fixed
• 5.63% rate

$448,000

Medical / Working Capital Line

New York, NY

• Radiology Center 
• Working Capital Line of Credit
• Prime + 100bps

$500,000

Multi-Family

New York, NY (Harlem)

• Multi-family
• Forclosure bail-out
• Negotiated hair cut to existing lender
• 25 year amortization

$520,000

Mixed use acquisition

Brooklyn, NY

• Four residential units, one retail unit
• 5yr term, 25yr amortization
• Blemished credit
• Building had CO issues

$250,000.00

Multi Family Loan

Brooklyn, NY

• Six unit residential apartment building
• Cash out refinance
• B credit
• 5yr fixed perm loan
• 30yr amortization

$330,000.00

Multi Family Loan

Brooklyn, NY 

• 5-unit plus additional one family building
• Perm loan
• Cash out refinance
• Assignment of previous mortgage
• Non recourse 6.5% with 30 year amortization

$800,000

Senior living multi-family apartment building

Farmingdale, NY

• Cash out refinance
• Non recourse loan
• 30 year amortization
• 6.50% fixed for 5 years
• Tax and insurance escrows waived

Start up Medical Practice

Queens, NY

• Business loan for a start-up medical practice
• Provided financing for the buy-out of an existing office
• Provided financing for lease hold improvements
• Provided financing for FF&E
• Additional financing for working capital
• Minimal collateral and equity injection
• 10 year loan, Prime + 275bps 

Medical / Working Capital Line of Credit

New York, NY

• Medical practice
• A/R based line of credit
• 5.00% start rate (Prime + 175bps)
• No closing costs or 3rd party reports
• Interest only payments
• No prepayment penalty

$500,000

18 Unit Multi-family Loan

Farmingdale, NY

• Cash out refinance
• 10 year fixed perm loan
• Closed in an LLC with No Personal Guaranty
• Reduced pre-payment penalty
• Tax and Insurance escrows waived

$1,250,000

Auto Dealership Loan

Commack, NY

• Unsecured business working capital line of credit
• Interest only payments
• Lite documentation based on business revenues
• Prime based rate

$250,000

89 Unit Co-op Building Loan

Stamford, CT

• Cash out refinance
• 10 year Fixed Perm Loan
• Coop formed under HUD rules
• Back taxes and utilities paid at closing

$2,200,000

Medical Office / Commercial Condo

New York, NY

• Acquisition Loan package
• 89% LTC Acquisition of commercial condo
• Draw down facility for buildout and FF&E
• Working Capital Line of Credit

$2,170,000 Total funded

Multi-family Acquistion

Charolotte, NC 22-Unit Rental

• Acquisition Loan
• 30-year Conduit Financing

$2,000,000 Senior Debt

Mixed Use Building Loan

New York, NY

• Permanent Loan
• Cash out refinance with 1/1/1 prepay
• 4.95% Fixed for 3 years

$1,400,000

Mixed Use Loan

New York, NY

• Perm loan
• Owner Occupied cash out refinance
• Assignment of previous mortgage

$1,800,000

Medical office / Commercial Coop Loan

New York, NY  (UWS)

• Commercial coop acquisition
• SBA 7a financing
• 3 year fixed rate at 5.00%
• 80% financing

Medical Commercial Coop Loan

New York, NY (UWS)

• Medical office space / Commercial coop acquisition
• Start up practice
• 75% financing
• SBA 504 20yr fixed rate loan
• Conventional Prime based loan

Commercial Condominium Loan

New York, NY  (LES)

• Commercial condominium
• Partner buy-out
• 7 year fixed rate / 20 year amortization
• Reduced 3/2/1 prepay

20 Unit Coop Loan

New York, NY (UWS)

• 20 Unit Coop Building, underlying mortgage refinance
• 10yr fixed rate / 30yr amortization
• 5.66% fixed for 10 years!
• Additional line of credit issued simultaneously

The Village on Lake Rachard

Lake Placid, FL

• Land Loan
• Residential Development
• Development Financing

$7,300,000

The Palms of McGregor

Fort Myers, FL

• Development Loan
• Residential Development
• Construction Financing

$2,900,000

Mixed Entertainment Pub

Orlando, FL

• Development Loan
• 12-month Construction Loan
• SBA 504 Permanent Loan Commitment

$7,300,000

Middletown, NY Shopping Center

Middletown, NY

• Bridge Loan
• 12 Month Bridge Loan for Purchase
• Purchase Price $3,700,000

$3,600,000  (97.3% LTC)