(PRWEB) September 21, 2012
Clopton Capital is now offering to borrowers recapitalization strategies for commercial properties that are overleveraged or distressed to give them the ability to move away from encumbering debt that is threatening their properties.
There are a significant amount of commercial mortgages that were originated through CMBS loans and other banking outlets that are now coming due, and many of them are in the situation where they will not be able to refinance. The problem with many of these mortgages is that the underlying properties value has declined since the loan was originated, making the new would-be loan to value too high. This is where a recapitalization of the capital stake is imperative and where Clopton Capital comes in.
The company is offering to borrowers who find themselves in these scenarios, the opportunity to successfully refinance their properties. They achieve this through subordinated debt such as b notes and mezzanine loans. These loans allow the borrowers to achieve a higher loan to value than is achievable through a senior piece only.
A typical loan size for the company to recapitalize would be one of at least $15 million. The reason being is that they need to allow for at least a $2 million dollar subordinated loan alongside the senior loan. Typical property types include multifamily, mobile home parks, student housing, industrial, retail, hotels, and office. These assets must be currently performing and be located in primary and secondary markets throughout the nation.
Clopton Capital ranks as one of the most active and dynamic commercial real estate finance firms providing lending options nationwide for income producing properties. Offering commercial mortgages, construction loans, bridge loans, and CMBS loans to borrowers for a diverse range of property types and ownership structures, Clopton Capital has the capability to meet almost any lending needs of property owners and managers. To learn more about these loans, please contact a loan officer directly at 866-647-1650.