From Deal Summary to Funding

Start with the property, requested capital, sponsor, business plan and timing. The contact page reaches Elliot Horowitz, Managing Member. A broker, lender and property seller can identify their role so the discussion begins with the right context.

The initial conversation addresses the intended capital position and the facts needed to evaluate it. A refinance request needs a payoff and exit; a development or completion request needs a credible remaining budget; a co-GP request needs the proposed partnership economics.

If the opportunity progresses, discuss amount, pricing, fees, recourse, reserves, milestones and conditions. Review the term sheet carefully, including which provisions are binding. Preliminary feedback and indicative terms are not a funding commitment.

The property, sponsor, title, financial information, third-party reports and legal agreements must support the transaction. Timing depends on the actual diligence, counterparties and outstanding conditions. Identify responsibility for every open item.

Funding follows satisfaction of agreed conditions and execution of the required documents. Draws, reporting, servicing, extension rights and repayment mechanics follow those documents. Keep a calendar for maturities, covenants, lease milestones and reserve requirements from the start.