Commercial Real Estate Debt and Commercial Real Estate Equity
LDCRE Capital (Leavitt Capital) is a real estate investment banking firm providing commercial real estate debt and commercial real estate equity for developments, acquisitions, and recapitalizations. LDCRE Capital places debt/equity through its partnerships and numerous outside capital relationships.
LDCRE Capital was founded in the wake of the 2008-2009 recession to provide capital and workout solutions to lenders and borrowers. Our principals advised on both the lender side and borrower side for an aggregated $4B+ of commercial real estate loan sales, restructurings, workouts, and placements.
In-house and Third Party Commercial Real Estate Capital
Construction “Mezzanine” Financing (in-house Conduit Lender)
Minimum: $5,000,000 (placement)
Maximum: No Limit
Cost: 5.80-7.00% (Way cheaper than standard mezz, or equity)
Percentage of Capital Stack: Up to 20-25%
Leverage Limit: Up to 90-95% LTV
Geographic Locations: Select states and markets (Contact us for more detail)
Types of Assets: All commercial assets, other than condos, single family homes, and land.
Notes: LDCRE Capital is a conduit lender for Commercial Pace construction “mezzanine” financing. Our capital is subordinate financing, but it does not lien, so technically it is not a mezzanine product. We fund 100% of our loan into escrow at closing. We can go out for up to 30 years, it’s assumable, non-recourse, no acceleration clause, we have a list of over 150 senior lenders that will allow us to sit subordinate. As we are a direct lender on this product LDCRE Capital does not add on a brokerage fee. We fully cooperate and protect capital brokers.
This can be applied to projects that finished construction up to 3-4 years ago or projects in the middle of construction seeking to recapitalize. This can also be used for value-add deals, if there are significant dollars invested into energy efficiency construction (windows, roof, solar, landscaping, solar, etc.).
Through our outside investors and lenders
Debt
Minimum: $3,000,000 (Smaller deals in select markets, or unique situations) Maximum: No limit Types: Bridge Financing, Mezzanine, Construction, and Senior Types of Assets: All product types, development and existing assets *Leavitt Capital does not provide debt solutions in all states, please contact us to learn more.
Equity
Minimum: $3,000,000 (Smaller deals in select markets, or unique situations) Maximum: No limit Types: Preferred Equity, Joint Venture Equity, Co-General Partner Equity, Credit Enhancement / Balance Sheet Enhancement, and Programmatic Equity Structures Types of Assets: All product types, development and existing assets
