A Private Commercial Lender

Private Banking Structured Commercial Finance

DIP Financing

We are now funding Debtor in Possession financing (DIP financing). This is a special form of financing granted to companies in financial trouble. Usually, these companies are in a Chapter 11 bankruptcy. The unique feature of a DIP loan is that the bankruptcy court usually grants a super-priority status to the new loan. This means that the new loan gets to jump in front of any mezzanine financing and any senior mortgages in the debt stack.

Asset 1 Capital has substantive experience in these types of projects and can provide DIP financing. Contact us if you are interested in securing such financing.

Eligible Property Types

Multi-family Apartments
Grocery Anchored Retail Shopping Centers
Mixed Use
CBD Office
Suburban Office
Medical Office
Student Housing
Warehouses / Distribution / Flex
Flagged Hotels
Parking Garage
Self Storage
Condo Unit Inventory Loans

Geography (Tier 1 Markets in the U.S.)

Multi-family anywhere in USA
New York City
New York - Metro
Boston
Philadelphia
Washington DC
Atlanta
Austin
Charlotte
Chicago
Dallas
Denver

Houston
Los Angeles
Miami
Memphis
Nashville
Phoenix
Portland
San Diego
San Francisco
Salt Lake City
Seattle

OTHER TIER 1 MARKETS WITH 500,000+ MSA CONSIDERED

All First Mortgages:
Loan / Deal Sizes ($2,000,000 - $30,000,000+)

First Mortgages

Loan to Value Ratio: Up to 75%
Interest Rate: 10 - 14%
Term: 1 - 3 years
Amortization: Interest Only
Recourse: Preferred
Origination Fee: 2 - 3 Points
Exit Fee: None
Extensions: Yes
Extension Fee: 1/2 - 1 Point
Borrowing Entity: Special Purpose Entity

Purchasing Distressed Debt

Loan to Value Ratio: Up to 75%
Interest Rate: TBD
Term: 1 - 5 Years
Amortization: TBD
Recourse: TBD
Origination Fee: 2 - 3 Points
Exit Fee: None
Extensions: Yes
Extension Fee: 1/2 - 1 Point
Borrowing Entity: Special Purpose Entity

Financing Third Parties Purchasing Distressed Debt

Loan to Value Ratio: Up to 75%
Interest Rate: TBD
Term: 1 - 5 Years
Amortization: TBD
Recourse: TBD
Origination Fee: 2 - 3 Points
Exit Fee: None
Extensions: Yes
Extension Fee: 1/2 - 1 Point
Borrowing Entity: Special Purpose Entity