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
Email: [email protected]
Quick Close
Highlights:
- $16,400,000 total loan
- Structured as a term loan
- Quick-close acquisition financing
An Oregon-based real estate investor sought an acquisition loan for a three-asset hotel portfolio. The business plan included master-leasing the properties to a government agency and eventually converting the properties to multifamily housing.
The sponsor engaged PMC because he needed certainty of execution and to fund the transaction quickly – as soon as the loan closed, the contract went into effect, immediately opening up the revenue stream for the borrower.
PMC conducted all diligence and closed the loan (from term sheet to funding) in 15 calendar days while providing financing that was flexible enough to allow for initial lease payments to fund the eventual construction.
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.