Commercial Loan Investments

Our  commercial loans are secured by commercial or residential real estate or land or a borrower’s pledge of its ownership interest in the entity that owns the real estate. The first mortgage loans we typically invest in or originate, are for commercial or residential real estate located in the United States with either a fixed or floating rate and – if acquired – are current or performing. Some of these loans may be syndicated in either a pari passu or senior/subordinated structure.

Land Loan

  • Orlando, Florida
  • $8mm First Mortgage
  • Rate: 12% fixed
  • Maturity: June 2020

Carpenter Hotel Leasehold Loan

  • Austin, Texas
  • $8.25mm Leasehold Mortgage
  • Rate: 11.5% fixed
  • Maturity: July 2020

Fore Golf Services, Inc. Loan

  • Daytona Beach, Florida
  • $2.07mm First Mortgage
  • Rate: 7.5% fixed
  • Loan Origination Fee of 1.5% or $31,050
  • Maturity: October 2020

WoFat Restaurant, Loan

  • Honolulu, HI
  • $3.5mm First Mortgage
  • Rate: 11% fixed
  • Maturity: January 2021
  • Max Maturity: July 2021

Equinox Land Sale

  • Daytona Beach, FL
  • $3.4mm First Mortgage
  • Rate: 9.5% fixed
  • Maturity: March 2021