The Pangea Mortgage Capital Team is Closing Complex and Distressed Loans in Today’s Market
Our team of investment professionals are well-versed in structuring around complexities and forging a path to the finish line. When you need to trust that your lender will execute on time at the terms they agreed to, then call Pangea Mortgage Capital.
Scott Larson
VP – Group Head
Email: [email protected]
Michael Bachenheimer
Director, Head Of West Coast Originations
Email: [email protected]
Special Situations
Highlights:
- $22,700,000 total loan
- Structured as a term loan
- Refinanced out of construction loan
- Short-term bridge to permanent financing
An institutional real estate investment firm sought the refinance of a unique hospitality property in Cape Cod, MA. They required interim debt to ramp up operations before placing permanent financing.
PMC rooted the underwriting in proforma financials as the property had not yet opened for business.
PMC structured a customized debt package for the sponsor, including a performance-hurdle-based cash-out component, no prepayment penalty, and a quick close.
Let’s Work Together
Whether your preference is in person, over the phone, or through email contact us to explore how we can help you on your next transaction.