LFB Ventures’ Post

Case study spotlight 🔦 £2.9m Development Exit loan in Anglesey. Developers, SGL7 Ltd, built 16 luxury holiday homes on the beautiful Welsh island, but hit a hurdle when their original development finance provider was unable to extend the existing loan while the homes sold. SGL7 turned to us - a long-standing funding partner with a track record for supporting developers post-practical completion. We were able to offer a 12-month, £2.9m development exit loan to give them the necessary support through the marketing phase. 💬 When asked about the deal, SGL7 Ltd said: "Working with Shawbrook has been a seamless experience. They were able to step in when our existing funder would not extend the term, and their continued support and expertise has been invaluable to this development project." 📰 To read more detail about the case - https://bit.ly/4hGuxiC 🏗️ To find out more about our development exit funding solutions - https://bit.ly/3UwriQH With Greg Pescott. #DevelopmentFinance #BusinessGrowth #PropertyDevelopment #DevelopmentExit #FundingSolutions

Up North ? How far North is North? It would be great to see you up in Newcastle one day - or is that really too far Up North? Maybe I should get some developers together who are looking for funding and you could do a workshop? #developmentfinance #propertyfinance #commercialproperty #residentialdevelopment

Check out Black Mountain Capital in action. #casestudy #nontraditionalloan Black Mountain Capital demonstrated its expertise in the luxury residential market by securing a $3.5 million loan for a luxury single-family residence (SFR) in Florida. The SFR was purchased by a prominent luxury real estate agent who, in a time-sensitive situation, faced unexpected denial from his bank for the loan, placing the entire deal in jeopardy. Swiftly responding to the critical circumstance, Black Mountain Capital devised and executed a strategic plan to expedite funding, ensuring favorable terms. Closing the loan in an unprecedented 10 business days. The swift closing showcased Black Mountain Capital's adept problem-solving and versatility in real estate financing. Financing The Dream | Your Vision. Our Finance. blackmountaincapital.biz/ | (646) 504-3255 | info@blackmountaincapital.biz #BMC #capitalfirm #industry #knowledge #capitaloptions #experience #businesspartner #creditchallenges #debtorigination #Structuring #capitalproviding #inhouseexperts #YourVisionOurFinance #realestate #cre #acquisition #equity #structure #investors #multifamily #loans #financing #development #innovative #partnership #debt #refinance #capital #premier #newyorkCRE #different #kind #rates #decision #flexible #dream #industry #complexity #individual #engagement #solutions

Urban Standard Capital recently closed a $6,000,000 acquisition loan for a client with a Time is of the Essence (TOE) closing. The client required a lender with committed, discretionary capital that could close quickly and with certainty. USC's Sam Hollander negotiated the transaction with a NYC based real estate owner. The financing provides the sponsor an opportunity to continue improving the property. USC continues to see an increase in demand for our bridge program to #refinance high-quality, well located #commercialrealestate assets that need additional time to lease up, season their existing rent roll, or execute value adding improvements. #nycrealestate #bridgeloans #realestate

Case Study: High-end HMO Development Project in Salford of Greater Manchester 🏢 Key numbers 💷 Purchase Price £170,000.00 🔧 Refurb & Professional Fees: £161,789.00 📈 Final GDV Valuation: £451,000.00 With these numbers in mind, let's break down the results: ✅ Net Cashflow Profit: The final result is a net cashflow profit ranging from £907 to £1291 per month (depending on variable costs such as maintenance & voids). ✅ Return on Investment (ROI): Our client can expect a ROI of 23% to 33% (from funds left in the deal) ✅ Total Investor Funds Required: £117,123 combined with bridging development finance from a 1st charge lender. ✅ Funds Left in – £39,102 as completion of refinance Ready to take your property portfolio to new heights? Partner with us today! 🚀 Get in touch with us now to learn more about our services and how we can assist you in building a thriving property portfolio in Manchester, UK. Website: https://lnkd.in/eM9sETDa 🌐 and www.invest-prop.co.uk 🌐 #PPB #PropertyPortfolioBuilding #PropertyInvestment #HMO #RealEstate #ManchesterProperty #PropertyDevelopment #InvestmentOpportunities #ROI #Cashflow

You might have caught our blog last year on failed housing development company #DeTrafford. I&L are still looking for purchasers who lost out as a result of their financial collapse. Please get in touch if you are one of them! #detrafford #collapsedventures

Recent Closing | $11,642,725 Financing Recapitalization & Funding for Remaining 36 Homes Valley Center, CA A repeat borrower approached LFB Ventures with a request to recapitalize their existing project and complete the remaining 36 single family homes. This project represented the affordability component of a 623-unit master planned community in northeast San Diego County. The sponsors had already completed and sold the first 16 units in phase 1, but were in need of vertical construction financing to complete phases 2 and 3. LFB Ventures was able to provide the sponsors with a $11,642,725 loan to retire the existing construction debt and fund the remaining construction costs for 36 homes. LFB was also able to navigate complex title issues since construction had already begun. Additionally, LFB was able to re-negotiate a subordination agreement with a current junior lender. The project will offer 3 bed/2.5 bath units with an average home size of 1,450 square feet. The units will be offered to new owners who qualify at 80%-120% of the area median income. #LFB #LFBventures #capital #debt #equity #construction #financing #land #housing #sandiego #masterplan #affordablehousing

Ready to go again? This was viewed a couple of weeks ago, but I’m all honestly it was mainly negotiated during the half time on last nights England game 😎🫣 Another R2SA to add - with a time line of two weeks to get it ready for guests, this on in the heart of Northampton Critically being a cashflow business getting this live as soon as possible while balancing the quality of the end product is a challenge I’m looking forward to 👍💪 I will share the numbers over the weekend … time to paint #property #investment #investors #cashflow #propertyinvestment #northampton #servicedaccommodation #businessgrowth

LOAN Learn More: https://lnkd.in/gn8MFhTt IMAGE: Anna Belanger & Dan Drazen DATE: 06/20/2024 ADDRESS: 85 Tremont Street MARKET: Meriden, CT ASSET TYPE: Industrial ~ SF: 123,000 LENDER: Anna Belanger - KeyBank's Community Development Lending and Investment; Connecticut Housing Finance Authority; Connecticut Department of Economic and Community Development LANDLORD: Dan Drazen - Trinity Financial, Inc. LOAN AMOUNT: $56,000,000 NOTE: Trinity Financial, based in Boston, has secured $56 million in financing to transform a vacant industrial building at 85 Tremont Street in Meriden, Conn., into an affordable apartment complex. The project, funded primarily through Low-Income Housing Tax Credits and Historic Tax Credits, aims to create 82 units across various income levels, with significant contributions from KeyBank's Community Development Lending and Investment arm and various Connecticut state entities. This redevelopment initiative, set in central Connecticut, includes extensive community enhancements like new ballfields and park spaces, marking a substantial investment in neighborhood revitalization. #Boston #RealEstate #TradedBoston #Meriden #Connecticut #Industrial #DanDrazen #TrinityFinancial #AnnaBelanger #KeyBank #ConnecticutHousingFinanceAuthority #CommunityDevelopmentLendingandInvestment #ConnecticutDepartmentofEconomicandCommunityDevelopment

Case Study: High-end HMO Development Project in Salford of Greater Manchester 🏢 Key numbers 💷 Purchase Price £170,000.00 🔧 Refurb & Professional Fees: £161,789.00 📈 Final GDV Valuation: £451,000.00 With these numbers in mind, let's break down the results: ✅ Net Cashflow Profit: The final result is a net cashflow profit ranging from £907 to £1291 per month (depending on variable costs such as maintenance & voids). ✅ Return on Investment (ROI): Our client can expect a ROI of 23% to 33% (from funds left in the deal) ✅ Total Investor Funds Required: £117,123 combined with bridging development finance from a 1st charge lender. ✅ Funds Left in – £39,102 as completion of refinance Ready to take your property portfolio to new heights? Partner with us today! 🚀 Get in touch with us now to learn more about our services and how we can assist you in building a thriving property portfolio in Manchester, UK. Website: https://lnkd.in/eQCDtXng 🌐 and www.invest-prop.co.uk 🌐 #PPB #PropertyPortfolioBuilding #PropertyInvestment #HMO #RealEstate #ManchesterProperty #PropertyDevelopment #InvestmentOpportunities #ROI #Cashflow