Joint venture equity
Barnett Capital invests with sponsors as Joint Venture equity partners across the country. We look for opportunities in the fragmented, below the institutional radar, real estate marketplace. We seek to partner with sponsors where value can be added to a piece of real estate through renovation, redevelopment, and increasing existing cash-flows. Our focus is on buying at the right basis providing downside protection.
Barnett Capital is a direct nationwide lender across all asset classes. Our financing is both fast and flexible.
GENERAL LOAN TERMS:
Loan Size: $1 million - -$10 million
Interest Rate: As low as 7.49%
Term: 6-24 months
Recourse and Non-recourse available
LTV: Varies by collateral and loan type but generally not to exceed 75% LTV (1st Mortgage) / 90% LTV (Mezz).
Security: 1st position or Mezz
Property Types: All Commercial Real Estate Property types including Land