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Mini-Perm Loans

Un-stabilized properties in today’s rebounding real estate markets can present unique opportunities for investors. Most traditional banks who are willing to lend, have an appetite which is often limited to owner occupied properties, full recourse loans, and renewals for their most valuable existing clients.

BlueCay Capital’s flexible capital pool allows us to fill the large void in the market created by the credit crisis and provides a critical bridge properties stabilized. As a private lender, BlueCay can offer non-recourse loans on un-stabilized properties. Our experienced team offers certainty of delivery on transactions under tight closing deadlines.

“Lease-Ups” that provide time to get property occupied
Properties that don’t meet bank underwriting criteria
Foreclosure purchases
Discounted payoffs (DPOs)
Construction loan take-outs
Cash-out financing
Opportunistic purchases
Interim bridge financing
Refinancing of maturing loans
Tight closing deadlines
Properties exiting bankruptcy
Insufficient cash flow generated by commercial real estate
Sponsor cash flow or net worth constraints
Short time frame for repayment
Partner buyouts
Repositionings / transitional properties
Properties owned under a Tenants-in-Common (TIC) structure
Hard money loans
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