LFB Ventures’ Post

Recent Closing | $24,750,000 Financing   Recapitalization of an A&D Loan for a 2,300+ unit Master Plan Lake County, FL  LFB Ventures was engaged by a private equity group which provides acquisition and development financing to small and medium size real estate developers across the United States, to assist their efforts to restructure an existing first position note they hold for a 2,300+ unit master planned community located in Lake County, FL. The engagement entailed structuring a note participation with fresh equity contributed by a source secured by LFB, creating immediate liquidity for the private equity group while still capturing maximum upside upon future exit from the project.  The subject property is comprised of nearly 40 tax parcels covering approximately 700 acres and is currently entitled for 1,500+ single family homes and 800+ multifamily units.  The expansive project, once developed, will bring much needed affordably priced housing to the Lake County, FL area and will provide homebuilders in the region with ample opportunities to secure new land positions in a highly desirable sub-market.  LFB is actively advising acquisition, development, and construction lenders on the sale and restructure of their existing loans and portfolio of loans. #LFB #LFBventures #masterplan #financing #noteonnote #recap #housing #land #development #structuredfinance #construction

This was a fun one, a unique structure that created a great win/win for both parties. If you would like to discuss any challenging residential financings please schedule some time here: https://lnkd.in/gQq2t6m7 Recent Closing | $24,750,000 Financing Recapitalization of an A&D Loan for a 2,300+ unit Master Plan Lake County, FL LFB Ventures was engaged by a private equity group which provides acquisition and development financing to small and medium size real estate developers across the United States, to assist their efforts to restructure an existing first position note they hold for a 2,300+ unit master planned community located in Lake County, FL. The engagement entailed structuring a note participation with fresh equity contributed by a source secured by LFB, creating immediate liquidity for the private equity group while still capturing maximum upside upon future exit from the project. The subject property is comprised of nearly 40 tax parcels covering approximately 700 acres and is currently entitled for 1,500+ single family homes and 800+ multifamily units. The expansive project, once developed, will bring much needed affordably priced housing to the Lake County, FL area and will provide homebuilders in the region with ample opportunities to secure new land positions in a highly desirable sub-market. LFB is actively advising acquisition, development, and construction lenders on the sale and restructure of their existing loans and portfolio of loans. #LFB #LFBventures #masterplan #financing #noteonnote #recap #housing #land #development #structuredfinance #construction

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

Recent Closing | $11,642,725 Financing Recapitalization & Funding for Remaining 36 Homes Valley Center, CA A repeat borrower approached LFB 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

Recent Closing | $24,750,000 Restructure of Promissory Note   Acquisition & Development Loan for 1,500+ SFR Lots and 800+ Multifamily Units   Lake County, FL  LFB Ventures was engaged by a private equity group which provides acquisition and development financing to small and medium size real estate developers across the United States, to assist their efforts to restructure an existing first position note they hold for a 2,300+ unit master planned community located in Lake County, FL. The engagement entailed structuring a note participation with fresh equity contributed by a source secured by LFB, creating immediate liquidity for the private equity group while still capturing maximum upside upon future exit from the project.   The subject property is comprised of nearly 40 tax parcels covering approximately 700 acres and is currently entitled for 1,500+ single family homes and 800+ multifamily units.   The expansive project, once developed, will bring much needed affordably priced housing to the Lake County, FL area and will provide homebuilders in the region with ample opportunities to secure new land positions in a highly desirable sub-market.   LFB is actively advising acquisition, development, and construction lenders on the sale and restructure of their existing loans and portfolio of loans. #lfbventures #development #financing #homebuilder #masterplan #recapitalization #Floridarealestate #developer #noteonnote #

Decoding Success - the top 5 considerations property developers weigh when choosing a lender. ⚫ Interest Rates - developers often prioritise competitive interest rates as they directly impact the overall cost of financing and the profitability of the project. ⚫ Loan-to-Value Ratio (LVR) - the LVR influences the amount of financing relative to the property's value. Developers seek favorable LVR ratios to maximize funding while minimising their equity contribution. ⚫ Loan Terms and Repayment Structure - favorable loan terms, including the repayment schedule, grace periods, and flexibility, are crucial considerations for developers to ensure the financing aligns with the project's timeline and cash flow. ⚫ Experience and Reputation of the Lender - developers often prefer lenders with a proven track record in commercial real estate, as well as a reputation for reliability, transparency, and understanding the specific needs of property development projects. ⚫ Loan Covenants and Conditions - developers carefully review the covenants and conditions associated with the loan, assessing any restrictions or requirements imposed by the lender. Clear and reasonable conditions contribute to a smoother development process. 🔘 not all loans are the same 🔘 not all private credit funds are the same 🔘 not all lenders are the same ⚫ woodbridge // think different #woodbridgecapital #woodbridge #thinkdifferent #privatecredit #transparencymatters #esgmatters

Reflecting on the key factors property developers consider when selecting a lender, it's evident that strategic decisions play a crucial role in shaping the success of a project. From interest rates to loan terms and the lender's reputation, each aspect holds significance in the financing landscape. At Woodbridge Capital we understand that not all loans, private credit funds, or lenders are created the same. Our commitment to transparency, tailored solutions, and a deep understanding of the nuances of property development sets us apart. When you choose Woodbridge, you're choosing to think differently about financing requirements.

On my hike last week I looked up and saw these magnificent birds The one on the left is an adult Barred owl and the one on the right is the owlet They were majestic ————- I am a Direct balance sheet lender Offering products in SBCRE <3mm ✅ Single family ground up ✅ Multifamily ground up ✅ Multifamily with capex ✅ Bridge ✅ Fix and flip ✅ Permanent debt DSCR loan ➡️ Single asset ➡️ Portfolio loans ✅ Lines of credit up to 10mm Investors, builders and developers please reach out for a consultation ☎️ Just hit the button above 👆 I also have special programs available for Builders and investors in Southern California If you are a builder or investor in the #sandiego or #losangeles markets I’d love the opportunity to talk to you about your projects Broker friendly. Please message for a tear sheet. We will deploy over 2 billion in capital this year to build over 4000 homes 🏡 and investments in CRE Nationwide 🇺🇸 #DirectLender #CREFinance #RealEstateInvesting #RealEstateDevelopment #ConstructionFinancing #BridgeLoans #FixAndFlipLoans #LinesOfCredit #SouthernCaliforniaRealEstate #Builders #Developers #InvestmentProperties #CommercialRealEstate #SingleFamilyHomes #Multifamily #SBCRE #PortfolioLoans #RealEstateFinance #CapitalDeployment #NationwideInvesting #BrokerFriendly #InvestmentOpportunity #BuildingHomes #CREInvesting #LosAngelesRealEstate #SanDiegoRealEstate

Multifamily remains one of the most resilient sectors. I just got of with a SE focused MF owner with ~10,000 units. Here is what they shared: - they have no floating rate debt - assumable, low interest rate loans is very attractive - on a recent asset sale, they had 25+ bidders including many of the largest players in the space - there is more capital than good deals… And here is one of the most important point (especially for GP’s that raise $ deal by deal) - the buyers with a ability to perform get the most access and have a higher potential of being selected - this means deal by deal may make you less competitive

Our team continues to structure multifamily acquisition bridge loans on projects with viable upside, especially as we see multifamily cap rates become more reflective of today’s interest rate reality. This small value-add apartment project was funded with a 72% LTV bridge loan and no prepayment penalty. Contact our team anytime to help assess your project and determine if a bridge loan is appropriate.   #capitalmarkets #CBR #debtandstructuredfinance #multifamily #studenthousing #agencylending #realestate #realtor #developers #CRE #singletenant #NNN #CREfinance #mixeduse #bridgeloan #fixnflip #purchaseloan #refinance #commercialrealestate #mortgagebroker #closeddeal #capitalmarkets #1031exchange #investmentproperty #investmentrealestate #cashoutrefi #money #commercialloan #constructionloan