Eastern Capital LLC based in Atlanta GA, will fund as many viable commercial real estate projects as possible in 2013. We feel obligated to do our part in regards to rebuilding the economy.
Atlanta, GA (PRWEB) May 24, 2013
Eastern Capital LLC, found on the web at http://www.eastern-cap.com, has been paying careful attention to the economy and the needs of today’s many commercial borrowers. This is evident by the recent funding of $1.5MM for a heavily used office complex in Yorba Linda, CA.
Underwriting was quick and flexible and the proposed Phase two of this project is expected to close shortly, which will provide an additional $30MM of funding which, at a minimum of will create 400+ new jobs. It is Eastern Capital's mission to continue to assist in the substantial economic recovery for commercial projects of all types on a national basis.
“Eastern Capital will fund as many viable commercial real estate projects as possible in 2013 primarily via submissions to http://eastern-cap.com We feel obligated to do our part in regards to rebuilding the economy. Every project is different, often with a unique benefit, which requires a unique lending structure. Clients who cooperate with our team benefit directly by having the best minds in the finance industry rally to formulate a business-building commercial lending strategy that is a win-win for both our borrowers and our Board. Our proprietary due- diligence process not only protects all parties involved, but goes way beyond the transaction by assessing how we can assist our clients to remain successful in their respective venture(s) on a post-funding basis. This one philosophy alone is a major differentiating factor for the both Eastern Capital LLC and our clients,” says one of Eastern Capital’s senior members.
Every week sighs of relief are heard from Eastern Capital's new commercial borrowers, who openly state that the private commercial lending services which are offered were exactly the type of programs the industry needs to get things moving again in the commercial real estate vertical.
This is especially important for borrowers whose projects became recently derailed or did not get off the ground due of the lack of conventional real estate funding, needles red tape and current market conditions. The commercial lending programs offered by Eastern Capital LLC allow clients projects to flourish, rather than just sit, waiting for funding. The executive team at Eastern Capital LLC is committed to funding commercial real estate projects expediently thus continuing to create as many new jobs as possible.
http://eastern-cap.com is also keeping a close eye Asian & European Private Equity Markets, which are showing considerable momentum. .47% of Asia-focused finance vehicles have had an interim close, having raised an aggregate $26.2bn towards their targets. Although fundraising conditions remain challenging around the globe, both Asia and European focused funds on the road are showing considerable momentum, with many having already held interim closes, and the market is welcoming back many large players that have launched new funds.
Significantly, institutional investor interest in the region remains strong. In interviews with over 100 affluent institutional investors from around the world revealed that, during 2013 so far, 35% had made new commitments to private equity funds, and 34% expect to increase their allocation to over the next 12 months; 65% are looking to maintain their level of exposure. Eastern Capital is capitalizing on this trend with the introduction of its new International Lending and Private Client divisions respectively.
Even better, Eastern Capital plans to expand its offerings by making several more unique Private commercial lending programs available in the near future and by being ahead of the game in regards to its technology, make sense underwriting and streamlined due-diligence process.
When it comes to getting a commercial real estate project funded in today’s economy, Eastern Capital can’t be beat.
You can learn more about Eastern Capital http://www.eastern-cap.com or by calling the executive team directly toll-free at (855) 505-0508.
About Eastern Capital LLC
Eastern Capital. and its partners is an established portfolio lender for commercial real estate loans offering attractive financing solutions and pricing for unconventional and hard-to-place real estate loans across all 50 states.