Strategies
"Relationship-Focused Funding"
… a private and commercial real estate lending firm, specializing in tailor-made solutions.
"Relationship-focused Funding"
… a private and commercial real estate lending firm, specializing in tailor-made solutions.
"Relationship-focused Funding"
.. a private and commercial real estate lending firm, specializing in tailor-made solutions.
Introduction
VTP is an active bridge lender providing debt secured primarily by real estate assets. Our lending platform is designed to provide short term capital to owners of most types of commercial and residential investment real estate and is built on the principles of (i) understanding the nuances of each loan and (ii) speed of execution.
Unlike traditional lenders and large debt funds, we recognize that each lending opportunity is unique. We do not have a standard list of “boxes to check” prior to issuing loan terms and take both a qualitative and quantitative approach to loan underwriting. Furthermore, as real estate investors, we have extensive experience in structuring complicated loans in every asset class. We can often issue loan terms day of the request and our typical loans fund within three to four weeks of an executed term sheet.
While each loan opportunity is evaluated on its own, our basic loan
terms are as follows:
Lending parameters
• Loan purpose:
Acquisitions, refinances, cash outs, discounted note payoffs, renovation, deep value add, construction completion
• Loan amounts:
$1M – $50M
• Rates:
Starting at 7.5%
• Origination Fees:
From 1%
• LTV:
Up to 75% for senior debt and 85% for mezzanine / preferred equity
• Terms:
12 – 36 months
• Recourse:
Both recourse and non-recourse loans are available
• Target markets:
Southern US and major markets nationwide
• Property types:
Hospitality, multifamily, office, retail, condo, mixed use, industrial, self-storage, construction completion and land.
• Lien position:
Senior, subordinate and mezzanine / preferred equity available for special situations
• Closing time:
About 30 days, faster on an exception basis
Loan Acquisitions
As a direct purchaser of commercial mortgages, VTP gives lenders the opportunity to monetize their sub-performing loans. Our team has extensive experience with loan sellers facing impending maturities, defaults (both technical and payment), and multiple extensions and modifications. While conventional lenders avoid borrowers in special situations, we embrace the opportunity. At VTP, we pride ourselves on our competitive pricing and our commitment to building and fostering long-term relationships with banks, brokers, and sellers.
Recently Completed Transactions
TEXAS RANCH LOAN
$1M
NASHVILLE LAND LOAN
$1.35M
TEXAS RECAPITALIZATION OF RANCH, RENTAL COMPANY, AND OIL INTERESTS
ILLONIS CONDO INVENTORY LOAN
$16M
TEXAS EQUIPMENT ACQUISITION
$375K