Commercial Real Estate Financing

Terms

Lending Area United States
Property Types All Asset Classes
Loan Amount $1 – $20M
Loan Term 6 Months – 2 Years (1-year extension)
Loan-to-Value Up to 75%
Interest Rate 8% – 12%
Amortization Interest Only
Reserves Tax & Insurance Reserves Required
Origination Fee 2% – 3%
Processing Fee $10,000
Expense Deposit $10,000 – $40,000 (for third party, legal & out-of-pocket expenses)
Prepayment 6 Months Minimum Interest / No Prepayment Penalties
Recourse Non-Recourse Possible
Borrower Single Purpose Entity Required
Closing 2 Weeks Possible

Our Platform

Cerco's platform, team expertise, and direct capitalization allows it to lend on flexible terms, providing its clients with custom made financing solutions to fit their wide ranging needs. Cerco has extensive experience in funding acquisitions across all asset classes, including land, refinancings, rehabilitations, cash-outs, time-sensitive closings, and host of other strategies.

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About

Cerco Funding LLC is a New York-based real estate private equity firm. Cerco acts as a direct portfolio lender originating commercial bridge loans nationwide. Cerco has extended capital for acquisitions, refinancings, repositionings, and a host of special situations.

Contact Us

CERCO FUNDING LLC
Address 230 Central Park South, PH17
NY 10019
New York, USA
Phone +1 (646) 435-7080
Email office@cerco.com