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 Direct Bridge Lender That Closes Fast

When a bridge deal has a hard clock on it — a maturity, a note sale, a seller who won’t wait — the last thing you want is a lender who has to phone a committee. This week’s spotlight doesn’t have that problem.

One of the lenders in our network is a national direct, balance-sheet bridge lender that can close very quickly. Because it’s their own capital and they service every loan in-house, there’s no third-party credit committee, no table-funding partner, and no last-minute re-trade — the certainty of execution borrowers keep coming back for. They write $3M to $30M, first-mortgage, up to 75% LTV, on terms up to three years, priced starting around SOFR + 400.

They’re especially active right now in senior housing and hospitality — two of the harder property types to finance quickly — alongside multifamily, industrial/flex, retail, self-storage, office, manufactured housing, and mixed-use. Recent closings tell the story: a $13.0M healthcare bridge in Arizona, an $8.0M hospitality bridge in Pennsylvania, an $11.5M industrial deal in California, and a $6.7M multifamily loan in Arkansas.

Where they really earn their keep is the messy, time-sensitive situation: property and note acquisitions, discounted payoffs, partner buyouts, recapitalizations, bankruptcy resolutions, and repositioning or lease-up capital. One thing they don’t do — no land and no ground-up construction. This is bridge capital for assets that already exist and need speed, structure, or a bridge to their next chapter.

If you’ve got a senior housing, hotel, or other transitional deal that needs to move fast — especially one where a slower lender would blow the timeline — reply to this email and we’ll get it in front of them.

• 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