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Strategy 2017-11-02T22:47:24+00:00

Las Vegas NV
Dallas, TX
Mansfield, TX
Sussex NJ
Statesville NC
Statesville NC
Louisville KY
Dallas TX
Phoenix AZ
Santa Ana CA
Torrance CA
Los Angeles CA
Reno NV
Seattle WA
Tacoma, WA
Jacksonville FL
  • Paid off Loans
  • Open-Outstanding Loans

UNDERSTANDING SENIOR SECURED REAL ESTATE DEBT

The commercial real estate bridge lending marketplace has been historically fragmented and can be challenging to navigate – even for top-tier borrowers that have significant equity in their assets and maintain strong balance sheets. Pender Capital’s lending funds aim to ease a portion of this void, providing financing to financially sound borrowers with institutional quality assets in major metropolitan areas that exhibit sound real estate fundamentals.

UNDERSTANDING THE COMMERCIAL BRIDGE LENDING MARKETPLACE

SENIOR DEBT VS EQUITY AND MEZZANINE

  • First lien positions provide most secured position within capital stack.
  • First lien debt is first to be paid back by the borrower.
  • Senior secured real estate debt is secured by a hard asset, which can be foreclosed on.
  • Senior debt is last ‘loss’ position – equity and mezzanine debt will diminish before senior debt is impaired.
REQUEST MORE INFORMATION

Offering only available to Accredited Investors. This communication is not intended to constitute any offer or solicitation to buy or sell securities. Offers of securities or investment advisory services may be made only pursuant to appropriate offering or other disclosure documents, and only after prospective investors have had the opportunity to discuss all matters concerning the prospective investment or engagement with their adviser and the issuers of the securities. In addition, neither Pender Capital nor any of its affiliated entities may offer interests in any of its unregistered funds or accept subscriptions from any potential investors with whom it has no prior or existing relationship until the expiration of a 30-day “cooling off” period with each potential investor, respectively. For more information, please contact us. It should be noted that past performance is not indicative of future results.

BENEFITS OF INVESTING IN REAL ESTATE DEBT

Pender Capital’s loan review process has been designed to maximize investor yield and mitigate risk by originating short-term loans to financially sound borrowers. The company is continuously monitoring the markets they have equity interests in, and if signs of an over-heating market begin to emerge, the company can pull back its investments within a specified market, with the intention of benefiting investors and protecting their equity investments.