Welcome to the EN Capital newsletter where we promote different capital sources such as private lenders, family offices and equity funds in addition to general capital markets news. We’re also promoting the new alternative investment conference series called Uncorrelated, EN Capital is a partner in certain Uncorrelated events.

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Capital Source Spotlight:

A Bridge-to-HUD Lender Worth Knowing

Every borrower eventually hits the same fork in the road: take the fast money and overpay on leverage, or chase max proceeds and wait months to close. Most lenders force the choice. One of the lenders in our network doesn’t.

On the fast end, they’re a balance-sheet bridge lender that funds in under 30 days. Loans start at $5M, go up to 80% LTV, priced around SOFR + 350 on 24-month interest-only terms with extensions — and not just on multifamily. They’ll bridge healthcare, retail, and industrial too. When a deal needs to close before a seller walks or a maturity hits, this is the call.

On the patient end, the same shop runs a full HUD agency platform — and that’s where the proceeds live. Their 223(f) acquisition/refinance execution carries no LTC constraint and pulls 5–15% more dollars than conventional alternatives at a coupon in the low-to-mid 5s over 35 years. For ground-up, their 221(d)(4) construction program goes to 87% LTC — 90% on affordable — in the mid-5s to low-6s, amortizing over 40 years after the construction period. HUD takes time, but when leverage and long-term fixed rate are what win the deal, nothing else competes.

In between, they fill the gap with a 5-year fixed product up to 87% LTV — full-term interest-only on loans from $5–25M — sized on in-place cash flow at an 8%+ debt yield, 5-yr T+250, for stabilized multifamily in primary and secondary markets.

The real value isn’t any single program — it’s the path. Bridge into the asset fast, stabilize, then term out with the same desk’s HUD or fixed-rate execution. One relationship, start to finish, instead of re-pitching your deal to a new lender at every stage.

If you’ve got a multifamily or healthcare deal that needs speed now, proceeds later, or both, reply to this email.

• We’ve been building this email list since 2017 and we’re up to 43,000+ professionals focused on the capital markets for alternative investments such as commercial real estate, the space industry, renewable energy, LATAM deals and utilizing Data-as-an-Asset. So you’re in good company.

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• EN Capital is NOT a broker dealer and does not sell securities

• EN Capital is capital advisory firm / intermediary and NOT a direct capital source. Seriously, every time we sent out an email someone replies and gets pissy when they realize we’re intermediaries and not direct lenders. It’s clear on our website, LinkedIn and emails. We don’t know how to make it more obvious. Don’t be that guy.

Be sure to connect with EN Capital on Linkedin. and visit our website here.

Nathan Whigham
President
CA DRE Broker License: 01793655

EN Capital Contact Info:
www.encapital.com
[email protected]
Direct Line: 310-465-9253