Services
What sets us apart is our unique approach to apartment ownership and development consulting. We pride ourselves on challenging conventional norms and thinking outside the box to bring fresh and innovative solutions to the table.
WHY PRIVATE REAL ESTATE LENDING?
There are many reasons to invest in private money funds.
Some of these include:
Cash Flow
Regular periodic cash flow delivering yield on investment.
Increased transparency as compared to financial institutions through portfolio reporting tools
Downside Protection
Borrower equity requirements offer protection against market volatility Capital structure seniority.
Loans fully secured by high quality collateral
Investment Diversification
Non-correlated to stock market or bond markets Provides exposure to an alternative investment category
Investor / Fund Manager Alignment
Fund managers are invested directly in the fund and partners in each development transaction.
Fund manager only shares in profits after investors receive Preferred Return
Passive for Investors
Investment exposure to real estate, a traditionally operationally intensive industry, without the hassles of being a landlord No management responsibility or complexity.
Great efficiency as compared to banks and other financial institutions
WHO NEEDS PRIVATE MONEY FINANCING?
Private lending has become a staple of the financial services industry. Projected to be over $1 Trillion Dollars in volume, private lenders fill the void left by banks and credit unions following the 2008 financial crisis. This does not mean that private lending presents increased risk. Loans made by private lenders are secured by real estate and underwritten with the value of the assets and the borrower in mind. Sprinboard RA prides itself in providing conservative risk adjusted mortgages through its partnerships with its quality developer base.
There are many reasons developers prefer short-term private financing over traditional bank loans.
Some of these include:
Speed
Borrowers typically need to close quickly and cannot afford to wait for banks to complete their slow internal processes.
Accessibility
Borrowers value responsive and personalized service that private money financing provides.
Expertise
Borrowers want lenders with market expertise and deep origination experience many banks do not possess.
Flexibility
Private real estate lenders evaluate borrowers on a wide variety of criteria, not a narrow list of factors.
Future Partnership Opportunities
Anna, TX
204 Units of Workforce Housing
Construction Cost: $42M + Land Cost $6M
Construction timeline: 18 Months
Stabilized Value: $78M
Princeton, TX
396 Units of Workforce Housing
Construction Cost: $74M + Land Cost $10M
Construction timeline: 24 Months
Stabilized Value: $128M
Anna, TX
204 Units of Workforce Housing
Construction Cost: $42M + Land Cost $6M
Construction timeline: 18 Months
Stabilized Value: $78M
Princeton, TX
396 Units of Workforce Housing
Construction Cost: $74M + Land Cost $10M
Construction timeline: 24 Months
Stabilized Value: $128M
Greenville, TX
165 Single Family Homes
Construction Cost $39.7M + Land Cost $4M
Construction timeline 30 Months
Stabilized Value $62.7M
Lewisville, TX
101 Units of Contemporary Townhomes
Construction Cost $33M + Land Cost $16.5M
Construction timeline 20 Months
Stabilized Value $80.8M
Lancaster TX
109 Single Family Homes
Construction Cost $16.5M + Land Cost $10M
Construction timeline is 30 Months
Stabilized Value $38.2M
Westwego, LA
452 Units of Affordable Housing for a Non-profit
Rehabilitation Cost $17.5M + Debt paydown $20M
Construction timeline 18 Months
Stabilized Value $65M with permanent loan in place for $59M
Let us help you!
Questions about our firm or the future of commercial real estate? We’re here to help.
