Real estate Programs
For more than two decades, IRA Network has built a rock solid reputation centered in commercial real estate transaction advisory producing more than $700MM closed for its clientele. As specialists in raw land acquisitions, ground-up construction and structured refinance programs, we pride ourselves on engineering dynamic and creative capital stacks for today’s challenging markets. Working directly with select private family and hedge funds across Texas and the U.S., we know that due diligence and best practice always comes first, supported by transparent and ethical business dealings from pre-underwriting to close.
DEBT
Construction & Development Program – up to 85% LTC Non-Recourse
IRA Network has partnered with a deep construction and development fund accepting submissions starting at $8MM, and up, stateside, and $25MM, and up, internationally. Geographical Preference: United States, Canada, Central America, Mexico and the Caribbean. Rates & Terms: range from 0-5%, 20-30yr., Amortization with a 10-15yr balloon. JV-Equity & Straight Debt options available. All programs are Non-Recourse. The program considers all types of real estate development.
Land Financing Program – up to 70% LTV
IRA Network has long standing relationships with several land funds that provide land financing and horizontal financing in the U.S. These funds can provide a combination of recourse and non-recourse private land financing of $2-40MM for a variety of activities.
Acquisition and Refinance Program (cash flowing properties) – up to 85% LTV
IRA Network works direct with several dynamic funds capable of financing deep acquisition and refinance activities for income producing entities. Submissions start at $4MM and reach as high as $100MM. Cycle can be less than 30 days from pre-underwriting to close for well-qualified A&R objects. Individual rates and terms vary and are dictated through due diligence and underwriting.
EQUITY
The SWCP Straight Equity Program: lower middle market CRE – up to $15MM (+) raw equity.
As a recent value-add to our programs, and where we can identify a mix of: competitive cost basis, strong value creation, multiple exit strategies and potential downside protection – we can now bring heavily qualified and direct equity investors to the table for Commercial Real Estate activities. We underwrite for a handful of direct and deep Straight Equity funds – across a spectrum of Family Office and Institutional Capital – that are constantly seeking savvy local operating partners and new deal flow in the lower middle CRE markets.
Product Types: Retail & Office, Hospitality, Senior Living, Multifamily, For-Sale Residential, Student Housing, Healthcare, and Land
These capital sources will underwrite and provide Straight Equity placements in tranches of $2-15MM per activity – and have the ability to go significantly higher pending deal strength and ROI. As CRE markets recover in the U.S. – we see a willingness to sit in the market for an average of 3-5 years with most of these Straight Equity sources.
Primary Focus
Development, Value-add Acquisitions, Preferred Equity, And GP Equity
Timing to Fund: 30 – 60 Days
For further funding guidelines contact us about your next project.
