Acquisition
Purchase financing for stabilized and value-add commercial property, underwritten to the income, the business plan and the sponsor.
HJ Bennett underwrites and structures commercial real estate loans, places each facility with institutional capital providers, and administers the credit through repayment.
Purchase financing for stabilized and value-add commercial property, underwritten to the income, the business plan and the sponsor.
Refinance maturing debt, return equity, or restructure the capital stack around the business plan.
Short-term capital to reposition, lease up or stabilize an asset ahead of permanent financing or sale.
Ground-up and value-add construction on secured, draw-based facilities sized to the budget and the path to stabilization.
Acquisition, renovation, construction and bridge financing for hotels, resorts and hospitality assets, underwritten to operating performance and the brand plan.
Apartment and mixed-use properties, from value-add repositioning to stabilized refinance.
Every commercial real estate request is screened against eight criteria before it reaches a funder.
Comparable assets owned or built, results against plan, and overall execution history.
Meaningful sponsor cash beneath the debt, clear sources and uses, and appropriate reserves.
First-priority mortgage or lien, assignment of leases and rents or project rights, controlled accounts, and pledges and guarantees where appropriate.
Net operating income, debt service coverage, loan-to-value and debt yield; loan-to-cost and interest reserve for construction.
Location, occupancy and tenancy, lease terms, physical condition and the depth of the local market.
Refinance, sale, takeout financing or stabilized cash flow: a clearly defined and credible exit.
Liquidity and net worth with the capacity to carry the asset through the business plan.
Meaningful sponsor exposure, reporting, reserves, draw controls where relevant, and negotiated covenants.
Acquisition, refinance and recapitalization, bridge, and construction and development loans across multifamily, office, retail, industrial, hospitality (hotels and resorts), mixed-use and other commercial property, structured as secured, asset-level facilities.
Our primary markets are the United States, the European Union and the United Kingdom. We also consider projects in Brazil and Canada.
Generally one to five years. Bridge loans are shorter; construction facilities are matched to the project, from site work through completion, stabilization and repayment.
Typically a first-priority mortgage or lien, assignment of leases and rents or project rights, controlled accounts, and equity pledges and guarantees where appropriate.
The property and its income (rent roll and trailing-12 operating statement), the business plan, sources and uses with the equity committed, the sponsor’s track record, and for construction the budget, permits and schedule. Pre-qualifying takes a few minutes; you can also submit a deal with documents attached.
Tell us about the sponsor, the property and the capital you need. Pre-qualification takes a few minutes, or submit the deal with your documents for a full review.
Indicative only. Final structure is subject to diligence and funder approval. This is not a commitment to lend.