Winston Rowe & Associates has completed a residential home rental portfolio refinance and repositioning in just a few weeks from the application date. In the middle of the Holiday Season.
This was another out of the box private capital loan, the client had been searching for financing for over a year without success due to the strict constraints that retail banks have placed on business owners.
The goal at Winston Rowe & Associates is to add value to client’s acquisition or refinance by offering a wide range of financing solutions and direct access to top national, regional, and local retail banks, hedge funds and private capital lenders.
The following are the transaction details:
The portfolio consisted of single family rental homes. Each of these rental homes was financed by a different bank at double digit interest rates.
The solution that Winston Rowe & Associates developed with its capital source was a single portfolio loan in the mid 5% range with a 30 year amortization.
The client was able to increase the return on investment by almost 30% overnight.
Winston Rowe & Associates has some of the most aggressive rates and terms available, while managing every step of the financing process from document collection to commitment negotiation and closing.