Real Estate Capital

Pinnacle’s Capital Partners look to participate in many different types of Residential and Commercial Real Estate financings. This includes senior position debt, mezzanine in the form of a second position or a secured position against the ownership entity, preferred equity, Joint Venture equity, situations that need Limited Partner equity, and direct long-term partnership level investments into Real Estate Operating Companies.

Our Capital Partners look to invest in acquisitions, refinancing, pre-development, ground up construction, bridge situations that require a quick closing, bridging to permanent financing, light to heavy renovations, upgrades, rehabs, cash out, Debtor in Possession, Recapitalization and other numerous special situations in the following Real Estate Asset Classes:

  • Single Family Residential and Condo
  • Multifamily - Market Rate and Affordable
  • Manufactured Home
  • Senior - Independent, Assisted, Memory Care
  • Student Housing
  • Hospitality and Resort
  • Office
  • Retail - Lifestyle, Strip, Community Centers
  • Self-Storage
  • Agriculture

Example Real Estate Program Outlines

Use of Funds Acquisition, Refinance, Bridge Situations, Distressed, Construction, Pre-Development, Land, Hard Money.
Loan Min/Max $ $500,000 to $100,000,000 (higher for exceptional projects and sponsors).
Loan to Cost/ Value % Up to 75% and up to 85% with a blend of senior and mezzanine.
Term Debt up to 10 years, Bridge up to 3 years.
Rate Starting Swap + 1.70% for cash flowing, Libor + 3.5% for Bridge and Construction. Either Interest Only, up to 30 year amoritzation, or a blend.
Recourse Full, Partial, Burn Off, and Non-Recourse options.
Notes Top 100 MSAs, focused on populations over 100,000
Use of Funds Acquisition, Refinance, Bridge Situations, Distressed, Construction, Partner Buyout, and Recapitalization.
Loan Min/Max $ $3,000,000 to $50,000,000 (higher for exceptional projects and sponsors).
Loan to Cost/ Value % Up to 80% for 2nd position mezzanine and 90% with preferred equity.
Term up to 10 years, typically coterminous with the senior loan.
Rate 8% to 12% for cash flowing, 12% to 18% for construction.
Security Type 2nd Deed of trust, preferred equity, UCC against the ownership, intercreditor with senior.
Notes Top 100 MSAs, focused on populations over 100,000.
Use of Funds Acquisition, Refinance, Bridge Situations, Distressed, Construction, Recapitalization, Partner Buyout, Pre Development.
Loan Min/Max $ $5,000,000 to $100,000,000 (higher for exceptional projects and sponsors).
Total Equity Contribution Up to 80 to 90% of the total equity. 90% + for exceptional sponsors.
Term up to 10 years for cash flowing properties, transitional equity 3 to 5 years.
Targeted Return 10-15% for any form of cash flowing, 15-18% for value add, 20% + for development; based on 3-7 year holds.
Types of Equity GP, LP, Joint Ventures, Convertible Debt, Operational Level Investments.
Notes Top 50 MSAs, focused on populations over 250,000, solid employment.

SIGN IN YOUR ACCOUNT TO HAVE ACCESS TO DIFFERENT FEATURES

CREATE ACCOUNT

FORGOT YOUR DETAILS?

SIGN IN YOUR ACCOUNT TO HAVE ACCESS TO DIFFERENT FEATURES

TOP