Popular Commercial Lending Group

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Popular's staff has been providing innovative Private Capital solutions since 1991!!


Agriculture Loans

·       Nationwide with rates at 2.75% floating, 3.95% 5 year, 4.95% 10 year & 5.25% 15 year fixed
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Ranch, Vineyard, Orchard, Farm, Facilities and other income producing land
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LTV’s to 70% and closing in 30-45 days
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Loans sizes from $500K to $20 million
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15 year terms with 25 year amortizations with no prepayment penalties

 Distressed Hospitality
·       Flagged and non-flagged hospitality acquisition, joint venture, construction or reposition
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Distressed debt negotiation and restructuring
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Target deal size $1 million to $20 million
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Target markets include the U.S. and select International markets

 
Commercial and Multifamily Loans
·       Multifamily permanent loans with rates starting at 4.5%
·         Rehab loans to 75% LTV with rates starting at 10%
·         Closing in 21-45 days
·         Loan sizes from $1 million to $20 million

 Flagged Hotel Loans
·       Flagged hotel financing available with rates starting at 4.5%
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Stabilized or unstabilized
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Closing in 30-45 days
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Loan sizes from $1 million to $50 million
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LTV’s to 80%

 
Residential Construction Lines of Credit
·       Construction lines to $5 million for ground up and construction completion
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LTC’s to 70%
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Closing in 30 days
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Rates starting at 9.99% for 1-2 year terms

 
Church Loans
·       Available nationwide with rates at 4.25% 5 year fixed and 5.3% 10 year fixed
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LTV’s to 75% with amoritzations of 20-25 years
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Closing in 30-45 days
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Loan sizes from $1 million to $20 million
 
Energy, Biofuel and Mining Loans
·       Biofuel consulting, debt and private equity
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Joint Venture capital available for new or existing projects
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Closing in 30-45 days
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Loan sizes from $1 million to $50 million
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Equipment and operating lines of credit
 
Joint Venture Development to 100% LTC
We have investor capital available for Retail, Office/Medical Office and Industrial projects in major metro areas with a minimum transaction size of $25 million to 100% LTC structured as follows:
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Development management agreement with development fee and back end income
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30-35% equity priced at 10-12% preferred return with debt priced at Libor + 300-400 bsp
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Strong development track record
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Build to suit only with no spec


Hard Money Bridge Loans
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Bridge rates starting at 9%
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Terms from 1-3 years
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Closing in as little as 10 business days
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Loan sizes from $1 million to $20 million
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LTV’s to 75%(higher LTV’s available with Joint Venture capital)

 


Property Types
·         Multifamily and Multifamily rehab
·         Hotels and Motels flagged or unflagged
·         Retail/Office/Industrial
·         RV Park/Mobile Home Park
·         Development and Construction
·         Senior Care/Adult Care
·         Medical and Dental
·         Church
·         Resort
·         AG land including Farm, Vineyard, Orchard and other income producing land

We DO NOT lend on single family residences or 1-4 family residences

PCLG is a proud sponsor of the International Counsel of Shopping Centers
(ICSC) www.icsc.org

PCLG is a proud sponsor of the Mortgage Bankers Association (MBA)
www.mortgagebankers.org

PCLG named "Best Commercial Lender-Salt Lake City!!
Corporate Office
Popular Commercial Lending Group
10808 South River Front Parkway Suite 353
South Jordan, UT 84095
(888)950-9339

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