Investment Profiles & Products

Opportunistic Capital

Investment Profiles:

This program is designed for transactions that require higher LTVs, custom structuring, and certainty of execution in a short timeframe. The program specializes in deep value added, distressed and opportunistic transactions.

Typical profiles:

+Discounted Note Payoffs
JCR will provide capital to assist borrowers in repurchasing notes from their existing lender at a discount. JCR then partners with the original borrower to complete the business plan of the asset, at a lower basis.
+Recapitalization and Restructures

JCR will provide capital to the current borrowers, to restructure their debt with their current lender, or will provide equity for partnership restructures.
+Value Added Acquisitions

JCR will provide capital to sponsors who are acquiring property that is not yet stabilized and will work with the sponsor to improve the asset, with a sale or refinance being the exit strategy.
+New Acquisitions

JCR will provide capital to sponsors who are acquiring property that is not yet stabilized and will work with sponsors to improve the asset, with a sale or refinance exit strategy.
+Note Purchases

JCR will provide capital for sponsors and investors purchasing performing and nonperforming notes.
+Special Situations

JCR will provide capital for special situations, including DIP loans, and other special real estate capital needs.

Asset Classes:

Multifamily	Retail	Industrial	Office

SF Home Inventory	Land	Hotel	Condominium

Investment Products:

Debt
Equity/Preferred Equity
Joint Venture Equity
Mezzanine Loans

Capital Stack:

Full capital stack - JCR is a one stop shop, providing debt and equity in the same transaction.

Deal Size:

$2-10 million

Terms:

6 months - 3 years

Other:

Non-recourse available
Current pay not always required
Buyout options available
Quick closing

Pricing:

Based on risk and structure

Bridge Loan Classic

Investment Profiles:

This is a first trust program that focuses on stabilized, near stabilized, and "value added lite" transactions. This program seeks transactions with lower risk profiles and clearly defined exit strategies, in exchange for lower pricing.

Asset Classes:

Multifamily	Retail	Industrial	Office

SF Home Inventory	Land	Hotel	Condominium

Repayment:

Typically from permanent loan refinance or sale of inventory (condo units, notes, etc).

Capital Stack:

Up to 75% LTV

Deal Size:

$3 million-$25 million

Terms:

6 months – 2 years with extension options

Other:

Non-recourse available
No pre-payment penalties

Rate:

6-9%

Origination Fee:

1-2 points

Exit Fee:

None