What are Old Capital's loan limits?

Multi-family and apartment financing loans from Old Capital are typically between $500,000 to $50,000,000. Smaller commercial loans for mobile home parks, office, retail, industrial and mini-storage are available between $500,000 to $10,000,000.

How is Old Capital different from my bank?

At Old Capital, our two main goals in any transaction are 1) to create a competitive environment that forces capital sources to compete for the borrower's loan and 2) to manage the transaction workflow so the borrower can focus on executing their business plans.

Banks are constrained by loan products and underwriting guidelines that don't necessarily fit the borrower's needs. The Bank's loan officers are incentivized to maximize profits while pushing as much of the risk as possible onto the borrower. Banks also force borrowers through a variety of hoops and typically provide only limited assistance managing transaction workflow.

Old Capital approach is fundamentally different. Our fiduciary obligation is to you, the borrower. Since we are not limited by our affiliation with any one bank, we are able to present your loan to a broad spectrum of potential capital sources and secure the best terms and pricing that the market can offer. Equally important, Old Capital remains very much involved in the transaction, sharing the burden of collecting and processing information, coordinating third party reports and driving towards a smooth and successful close. Our senior management group has over two decades of real estate financing experience and has participated and placed over 4000 transactions.

Do we end up paying more with Old Capital?

Old Capital charges a placement fee of one percent of the loan amount. Banks also typically charge a loan fee of one percent or add an equivalent discounted value into the spread. Because Old Capital absorbs the cost of originating loans for the lender, we are able to negotiate direct pricing with most lending sources. As a result, borrowers typically incur no additional costs by engaging us to negotiate and manage their transaction.

In addition, Old Capital saves its client's time and money by creating a competitive environment that forces the market to compete for the borrower's business. Ultimately, clients get all the cost benefits of a more effectively managed transaction without having to accept exorbitant spreads or large loan fees. Past clients have stated that the reduction of "transaction stress" by working with an experienced advisor has been a true advantage.

Who are Old Capital's typical lending partners?

The goal at Old Capital is to add value to customer transactions by offering a wide range of financing alternatives and direct access to top national and local lenders. We have funded deals through agencies, life companies, conduits, and "out-of-the-box" lenders. In addition to permanent debt financing, we regularly structure transactions using high-leverage bridge loans, mezzanine debt, construction loans and straight equity.

Where does Old Capital lend?

We lend in all 50 states except Wisconsin, California, Arizona, Nevada, South Dakota, North Dakota, Michigan and New Jersey. Transactions in Florida and Rhode Island must be in the name of an entity.

How long will it take to close a "typical" transaction?

The first rule in real estate lending is that there is never a "typical transaction." We believe in setting expectations correctly at the beginning of every loan process. At submission, you will receive from Old Capital a critical date's time line. This calendar provides a road map to when essential events must occur within the transaction to meet your specified closing date. This tool guides you through the transaction every step of the way. By receiving as much financial information up front on the borrowing entity or group, a $3.5 million purchase of a multi-family property with a 80% loan to value can close within 35-50 days from loan submission.

What property types does Old Capital finance?

Old Capital Lending offers loan products and programs for commercial real estate financing. Commercial properties include: apartment buildings, mobile home parks, office, industrial, mini-storage, retail and hotels. Old Capital Lending has direct access to the most aggressive lending sources in the country. Old Capital works diligently to structure financing terms that best meet our clients' needs. As a direct correspondent to several lending institutions, our clients benefit by receiving direct pricing from each capital source








































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