Commercial Real Estate Notes
Purchasing Notes At A Discount
Direct
Note Purchases
At-A-Glance
Size:
Closing:
$5 - $50 million
30 - 45 days
Note Purchase
Financing
At-A-Glance
Size:
Rate:
Fee:
Term:
Amortization:
LTV:
Closing:
$1 - $50 million
As low as 7.75%
As low as 2.50%
6 - 60 months
Interest Only
Up to 70%
30 - 60 days
All terms are subject to change without notice and can vary by underwriting results.
Banks and other regulated financial institutions have been under strict government and shareholder scrutiny to improve the health of their balance sheets using several means including the sale of their performing and non-performing commercial mortgages. Investors who acquire these mortgage notes become the mortgage holders of the underlying real estate assets. We purchase:
→ Fully performing notes
→ Non-performing notes
→ Re-performing notes, and
→ Sub performing notes
The following are some of the recent purchases:
→ $25,216,000 6-item pool NC
→ $28,512,000 56-item pool NC
→ $64,725,000 39-item pool ME
→ $18,361,000 12-item pool CA
DIRECT PURCHASES
As experienced mortgage note buyers, Wincreek, through its capital funds, acquire commercial mortgage notes in all 50 states with a minimum transaction size of $5 million. Our funding criteria allow us to bid aggressively on all commercial mortgage notes including those that are
FINANCING INVESTOR PURCHASES
Wincreek also finances investors who acquire commercial mortgage notes, using its bridge financing programs. Our minimum transaction size is $10 million and we finance investors in all 50 states. We can also "partner" with the investor and jointly acquire commercial mortgage notes.