Aura Capital Group (“ACG”) serves its clients by identifying the appropriate loan type for each deal and obtaining the best available loan terms for its clients. As a loan request crosses our desk, we analyze the deal points and place it into one of the following buckets:
Permanent financing is generally reserved for properties that are leased up close to its maximum potential. There are various execution types within this category that ranges from local banks, to agency platforms, to life companies, and to CMBS. ACG identifies the most suitable financing solution for each deal and works with its lenders that specialize in that loan type. Our established relationships with lenders that lend across the nation allows us to get most favorable terms for our clients, regardless of the property location, size, and class.
A bridge loan is the interim financing that enables a real estate developer or operator to maximize a property’s output and ripen it for permanent debt. ACG’s relationships with some of the nation’s most prolific bridge lenders allows us to tailor each value-add project with the most suitable lending solution. We understand that bridge loans can sometimes come with layers of complexities that require creative financial engineering. What sets us apart from other mortgage brokers is our ability to navigate through difficult loan structures to create the perfect product for our clients. Through our years of placing bridge loans, we have become experts in the field and have been instrumental in creating long standing borrower-lender relationships.
Construction financing is designated for ground up construction developments or extreme value-add projects, where the renovation component exceeds a certain threshold. In addition to institutional lenders, todays’ construction financing industry consists of many private lenders that are able to be more nimble and flexible to a borrower’s needs. ACG has a bevy of lenders that understand the complexities a construction project often presents and offer the appropriate loan product to enable the borrower to develop his project efficiently.