Post Tagged with: "banking"

When “Pass the Hat” No Longer Works for Raising Equity

If you’ve been a real estate investor / developer for any length of time (combined 45 years for the Repka brothers), you certainly know how to “pass the hat” to pitch your deals at the local Country Club, Yacht Club, Rotary Club, etc. You learned the art of pitching your investment opportunities to friends, family [...]

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Your Rolodex is More Important Than Your Personal Financial Statement

By David Repka, Co-Founder Bison Financial Group Let’s face it, the last few years have been astonishingly difficult for anyone in the “dealmaking game” as fear, uncertainty and doubt have crept into the capital markets driving reliable sources of capital to the sidelines. No pocket of capital has been picked as clean as construction funding [...]

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Construction Funds Available Now

ST. PETERSBURG, FL – Bison Financial Group headquartered here launches their ambitious “Nexus Funding Platform” aimed at bringing liquidity to the commercial real estate market and bringing jobs back to our communities. According to David Repka, Co-Founder of Bison, “Over the last three years we’ve witnessed a level of economic devastation not seen since the Great Depression. [...]

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CMBS 2.0: Crack is back!

I have been contacted by more lenders in the past 30 days than in the past 30 months… combined. I’m especially excited about the return of the CMBS marketplace. Get ready for the return of cheap, plentiful, non-recourse capital to fund commercial real estate. The dark days are over… time to get back in the [...]

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Capital Markets are Opening Up… “What I Win”?

There is a classic scene in the 1979 movie The Jerk starring Steve Martin where he is asked, “what I win?” while working at the carnival’s “Guess Your Weight” booth… watch it here: This clip is my metaphor for how the commercial real estate finance markets have operated since the Fall of 2008. The lending [...]

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Need to close by year end? Running out of time?

As the year is coming to a close many lenders and institutional investors want to clean up their balance sheets going into 2013. Bison Financial Group has a track record of closing transactions in 4, 8 & 11 days from first meeting our borrowers and learning about the transaction. Let us know if you need [...]

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Working Capital Loans Now Available

Building on our philosophy of connecting people, opportunities and capital… Bison has formed a strategic alliance with Cobblestone Financial Group to provide unsecured, working capital loans. These loans are underwritten in 2 days and can close in 7 days. This is a new product offering in addition to our core business of providing mortgages secured [...]

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CMBS Market Rises From Ashes of Collapse

Big Banks Lead the Return of Key Funding Source for Commercial-Property Owners; Still, a Fraction of Precrash Levels By: Lingling Wei in the Wall Street Journal Even as woes mount in the commercial-real-estate market, a once-vital source of funding for commercial-property owners is showing signs of life. Banks including J.P. Morgan Chase & Co., Goldman [...]

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First Multi-Borrower CMBS Securitization Prices

By Nancy Leinfuss NEW YORK, April 9 (Reuters) – RBS Commercial Funding on Friday priced a $309.7 million commercial mortgage-backed securities offering backed by multiple loans, the first sale of its kind in nearly two years and a benchmark for the recovering market. The so-called conduit deal is seen as a key gauge of risk [...]

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Property Condition as it Relates to Your Refinancing

By Hal Reinauer The lending world has turned a more watchful eye to property condition and begun to take notice of reduced capital improvement programs. This attention has made it more difficult for those properties with some issues to find a reasonable lending solution, even with stable cash flows supporting the loan request. Appraisers and [...]

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