Popular's staff has been providing innovative Private Capital solutions since 1991...reach our office by phone at (801)984-8221 or toll-free (888)950-9339!!
Agriculture Farm Loans and Ranch Loans
·Nationwide Farm Loans with rates at 3.95% floating, 4.5% 5 year, 5% 10 year & 5.5% 15 year fixed for Farms, Ranches, Vineyards, Orchards, Facilities and other agricultural use properties · Farm Loan Revolving Equity Lines of Credit up to 50% LTV · Farm Loans feature LTV’s to 70% and closing in 30-45 days · Farm Loans include loan sizes from $500K to $20 million · Farm Loans feature 15 year terms with 25 year amortizations with no prepayment penalties
· Behind on payments? Bridge loans available to restructure your operation.
Distressed Hospitality Hotel Loans ·Hotel Loans for flagged and non-flagged hospitality acquisition, joint venture, construction or reposition · Hotel Loans for Distressed debt negotiation and restructuring · Hotel Loans target deal size $1 million to $200 million · Hotel Loans target markets include the U.S. and select International markets Commercial and Apartment Loans ·Apartment Loans for multifamily permanent loans with rates starting at 3.875% · Apartment Loans for Rehab or Repositioning to 75% LTV with rates starting at 6% · Apartment Loans closing in 21-45 days · Apartment Loans feature loan sizes from $1 million to $200 million Flagged Hotel Loans ·Hotel Loans for flagged hotel permanent financing available with rates starting at 4.75% · Hotel Loans for stabilized or unstabilized hotel properties · Hotel Loans closing in 30-45 days · Hotel Loans feature loan sizes from $1 million to $200 million · Hotel Loans feature LTV’s to 85% Residential Construction Lines of Credit ·Construction lines to $5 million for ground up and construction completion ·LTC’s to 70% ·Closing in 30 days ·Rates starting at 9.99% for 1-2 year terms Church Loans ·Church Loans available nationwide with rates starting at 5.5% · Church Loans include LTV’s to 75% with amoritzations of 20-25 years · Church Loans closing in 30-45 days · Church Loans feature loan sizes from $1 million to $20 million Energy, Biofuel and Mining Loans ·Biofuel consulting, debt and private equity ·Joint Venture capital available for new or existing projects ·Closing in 30-45 days ·Loan sizes from $1 million to $50 million ·Equipment and operating lines of credit Joint Venture Development to 100% LTC We have investor capital available for Retail, Office/Medical Office and Industrial projects in major metro areas with a minimum transaction size of $25 million to 100% LTC structured as follows: ·Development management agreement with development fee and back end income ·30-35% equity priced at 10-12% preferred return with debt priced at Libor + 300-400 bsp ·Strong development track record ·Build to suit only with no spec
Hard Money Bridge Loans ·Bridge Loans include rates starting at 6.5% · Bridge Loans feature terms from 1-3 years · Bridge Loans closing in as little as 10 business days · Bridge Loans feature loan sizes from $1 million to $200 million · Bridge Loans feature LTV’s to 80%(higher LTV’s available with Joint Venture capital)
Property Types ·Multifamily and Multifamily rehab ·Hotels and Motels flagged or unflagged ·Retail/Office/Industrial ·RV Park/Mobile Home Park ·Development and Construction ·Senior Care/Adult Care ·Medical and Dental ·Church ·Resort ·AG land including Farm, Ranch Vineyard, Orchard and other income producing land We DO NOT lend on single family residences or 1-4 family residences PCLG is a proud sponsor of the International Counsel of Shopping Centers (ICSC)www.icsc.org PCLG is a proud sponsor of the Mortgage Bankers Association (MBA) www.mortgagebankers.org
PCLG named "Best Commercial Lender-Salt Lake City!!
Corporate Office Popular Commercial Lending Group 10808 South River Front Parkway Suite 353 South Jordan, UT 84095 (801)984-8221 phone
(888)950-9339 toll-free phone
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