Completion Versus Repayment Guarantees
Developers and investors often seek non-recourse debt, loans for which they are not personally liable. For investors in existing commercial property, that’s often achievable; the subject property (and its existing cash flow) may provide the lender sufficient collateral in case of a recovery. Developers seeking construction loans find non-recourse debt more difficult and, when found, […]
Fident Capital secures $14.2M in real estate financing
SAN DIEGO, Oct. 1, 2014 /PRNewswire/ — Fident Capital secured $14.2 million of real estate project financing for the acquisition, entitlement and development of two properties in Riverside and San Diego County. Combined, the projects will create more than 600 multi-family units and convert each property into highly profitable real estate assets. “We navigated through […]
Wave of Development Hitting La Jolla’s Central Village
SAN DIEGO, Sep. 26, 2014 / San Diego Business Journal/ by: Lou Hirsch/ — Owner Davlyn Investments is in the midst of an extensive renovation of La Plaza, a retail center at Girard Avenue and Wall Street. Property by property, La Jolla’s central Village area is being remade as several older buildings get new owners […]
Real Estate Crowdfunding: A Better Mousetrap?
You’ve probably heard the real estate crowdfunding buzz. Thanks to the JOBS act, accredited investors can now receive general solicitations, and the land grab to define and dominate a new niche within the real estate capital markets is well underway. Think Kickstarter for real estate, only now you own hard assets instead of receiving a […]
Fident Capital secured $24 million for infill project.
SAN DIEGO, Sep. 19, 2014 /Daily Transcript/ — Fident Capital secured $24 million of project financing for the acquisition, entitlement and development of an infill town-home project in La Jolla Village. The project will offer 18 town-homes sized at about 2,200 square feet. “We had stellar partners on this project with a proven track record […]
Number 1 way to improve your leadership. Listen
The wonderful opportunity to become a member of Entrepreneurs Organization (EO) came my way two years ago. Connecting with this group of likeminded, successful, company founders has been truly transformational. As part of my EO experience, I gained admittance to the Entrepreneurial Master’s Program (EMP, co-produced by MIT and EO). The educational content here (which […]
