Featured Loan Transactions

Pago Bay Resort, Guam
Loan Amount: US $20 Million
Funded acquisition and initial phase development

Courtyard By Marriot, Kauai, Hawaii
Loan Amount: US $25 Million
Funded acquisition and renovation

Ladera Tower, Guam
Loan Amount: US $25 Million
Funded acquisition of 218 luxury residences

Phruet Para Co. Ltd., Thailand
Loan Amount: US $10 Million
Funded acquisition cost and title upgrade for Pilai Beach, Thailand property

Loan Criteria

TERM
Typically one year, with an option to renew one additional year
 
PREPAYMENT
Loans may be repaid at any time without penalty
 
PROPERTY TYPES
All property types considered
 
MARKETS
All geographic locations will be considered
 
LOAN TO VALUE
Loan amounts can be up to 50-70% of the disposition value of the collateral, based on the estimated cash sale price given a 90-120 day marketing time. If the loan is used for renovation or construction, the loan amount can be based on the improved value, and would be disbursed in stages
 
RATES AND POINTS
Rates vary from 10-18% per annum, interest only, depending upon collateral and loan structure. Points vary and start at 3
 
COSTS
A deposit will be required to cover out-of-pocket expenses; the amount will vary depending on type of loan, location, and time constraints
 
LOAN SIZE
From $1 Million to $50 Million
 
COLLATERAL
Real estate and other fixed or liquid assets
 
OTHER OPTIONS
Interest Reserves, Interest Only Payments, Multiple Disbursements, Partial Releases, and Exit Fees are some of the other options that we will consider