AMA through its relationships with a variety of leading lending sources can offer customized Bridge/Renovation, Construction, Floating-Rate, Forward Commitment, Mezzanine/Preferred Equity and Permanent/Fixed Rate financing alternatives. AMA's correspondent relationships allow its clients to access lenders who are able to provide FHA-insured mortgages and enables them to be part of a select group of lenders approved under Fannie Mae's Delegated Underwriting and Servicing product (DUS).
Bridge/Renovation Financing |
Bridge/Renovation loans are all types of flexible short term financing strategies that may have a challenging and/or complex component to the transaction. AMA’s ability to provide this type of financing provides the borrower with the necessary time frame for the properties to be repositioned and stabilized, at which time a longer-term loan will be provided to pay-off the Bridge/Renovation loan.
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Construction Financing |
Construction financing is a short-term loan utilized by borrowers to finance the costs of building an existing facility. Every loan varies depending on the product type and the amount of time it takes to complete the building process. AMA can assist all borrowers in finding the best structure, leverage and rate for these critical loans.
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Floating-Rate Financing |
Floating-rate financing usually utilizes the London Interbank Offered Rate (LIBOR). This product is very attractive to Borrowers who have a lot of upside in an existing property and need a short period of time to stabilize an existing property. These rates have been at the historical lows and have been very popular as they usually have minimal or no prepayment penalties. AMA assists borrowers to utilize these flexible structures for their short term needs.
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Forward Commitment Financing |
Forward commitments continue to gain in popularity as the belief of interest rates rising in the future continues to lie ahead. Most Borrowers who are already committed to an older loan or are 6 months to a year away from completing a project look to this financing to alleviate the future interest rate risk that may occur.
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Mezzanine/Preferred Equity Financing |
Mezzanine/Preferred Equity Financing can be structured in many different ways. AMA assists borrowers who need to bridge the gap between what a conventional lender is willing to finance and the total amount needed to complete a transaction. The transaction can be structured as partnership debt, preferred equity, or a mezzanine loan. The key to these transactions are the ability to creatively structure the transaction.
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Permanent/Fixed Rate Financing |
Permanent/Fixed Rate Financing is the core product that is utilized most throughout the commercial real estate industry. The Borrowers can lock an existing loan from anywhere from 2 years to 30 years based on the property type. AMA relationships with its lenders are a key component in assisting its client's permanent financing needs.
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