Curo Banc originates first mortgage commercial real estate loans and provides financing to investors for distressed debt purchases secured by commercial real estate. We offer timely solutions and alternative funding for unique commercial real estate opportunities.

We specialize in alternative funding for situations that conventional lenders typically avoid. Are you running into roadblocks because of an "almost bankable" loan? Facing tight closing deadlines? Looking for an alternative to a hard money loan? Come to us. Curo Banc can structure first mortgage commercial real estate loans to address virtually any combination of opportunity and circumstance.

In today's credit-challenged markets, many loans that were bankable two years ago are no longer qualifying because banks and life insurance lenders have tightened their underwriting guidelines, and the CMBS markets are shut down. These loans are considered "almost bankable" for a variety of reasons—lower than market occupancy, a lease-up situation, or a turnaround situation.

That's where we come in. We fill the void between conventional lending sources and hard money lenders. Plus as an unregulated lender, we can structure first mortgage commercial real estate loans to address virtually any combination of opportunity and circumstance. Timing is always critical, and we can tailor loan programs to meet your schedule, even for tight closing deadlines.

Some clients refer to us as a "warm money" or "firm money" lender. Why? Because we take more risk than a conventional lender, our loan pricing is slightly higher than conventional commercial real estate loans—but still less expensive than hard money loans.

Types of Commercial Real Estate Loans

• Capital Market Bridge loans
• “Warm Money” loans
• Nearly bankable loans
• Acquisition financing
• Refinancing
• Construction takeout loans
• Rehabilitation loans
• Build to suit financing (requires signed leases)

Typical Commercial Real Estate Loans Funded

• Apartments / Multi-Family Loans
• Industrial Loans
• Office Loans
• Retail Loans
• Mixed Use Loans
• Flex (Office/Warehouse)
• Special Use Loans (limited appetite)
• Residential Developments and Entitled land considered on a case-by-case basis (limited appetite)
• Opportunistic purchases that need to close fast
• Refinancing of maturing commercial real estate loans
• Loans on properties owned under a Tenants-in-Common (TIC) structure
• Construction takeouts
• A conventional commercial real estate loan closing falls apart in the 11th hour and new financing needs to get put in place quickly to meet the closing deadline
• Repositionings / Transitional Properties
• “Lease-Ups” (provides time to get property occupied)
• Rehabilitations
• Hard money loans
• Financing for properties exiting Bankruptcy
• Unusual borrower situation
• Build to Suit Development
• Cash-out financing
• Foreclosure purchases
• Commercial Real Estate Loans Loans that don’t meet bank underwriting criteria
• Short time frame to close Situations in which a bank asks you to leave
• Insufficient cash flow generated by commercial real estate
• Sponsor cash flow or net worth constraints
• Short time frame for repayment
• Partner buyouts

Why Curo Banc for Commercial Real Estate Loans?

• Faster commercial real estate loan closings than a conventional lender
• Less expensive than bringing in an equity partner, especially on an after-tax basis
• Unique situations
• Transitional or repositioned property
• Asset based underwriting
• Bridge financing
• Less expensive than a hard money lender

Unique Features of our Commercial Real Estate Loans

• Non-recourse
• Limited recourse
• Non-disclosure
• Cash out financing considered

Curo Banc is your link to the secondary loan market, and especially to the specialized worlds of non-performing and distressed loan seller. There is no commercial deal over $5 million we do not know about..

Curo Banc is a comprehensive professional service firm that not only acts as an incentive driven advisor for financial institutions, but also as an effective conduit for trading commercial loans (performing, sub-performing, and non-performing) in the secondary market.

We work with our clients at each crucial juncture of the trading process, from engagement to closing.

Understanding your goals
We start by finding out what your needs are and evaluate current market trends--then help you determine when and what to buy

Keeping you informed
In addition to extensive personal contact and ongoing direction regarding market conditions, we provide our clients with a secure website which houses various status reports detailing all aspects of the transaction. This allows immediate access to critical information from your desktop, anywhere, anytime.

Building strong seller relations
We take sellerss' needs seriously, during and after the sale. Curo Banc acts as the liaison between clients and buyers to coordinate the transition of ownership and servicing between the parties. We coordinate the transfer of all credit file information and provide ongoing post-closing support and issue resolution. As a result, Curo Banc enjoys long-standing relationships with the key participants of today's secondary market-relationships which are vital to effectively serving our clients

Engagement

• Confidential and accurate valuations of commercial whole loans
• Opportunity assessment and established timeline
• Due diligence expertise for maximum pricing
• Independent and unbiased advice
• Insight into current real estate and commercial mortgage market conditions

Marketing

• Marketing strategy, materials and execution
• Sale structure and offer solicitation
• Clear concise communication and reliable information
• Prospecting and buyer/seller contact
• Liaison between potential buyer and seller

Closing

• Bid solicitation, qualification and analysis
• Work closely with seller and assigned legal counsel during disposition
• Confidential and discrete handling of deals
• Administration and coordination of negotiation and smooth transition of ownership
• Ensure maximum value with minimal resource requirement from client

Curo Banc actively seeks real estate investment opportunities throughout the United States. We target unique, niche situations involving both redevelopment and new construction, and focus on deals in evolving urban submarkets that we are able to underwrite and commit to quickly.

We have acted as the principal for a diverse set of real estate assets and also have been an active facilitator of both debt and equity capital to sponsors on real estate development projects. As principals, we have done major rehabilitations of existing assets in a variety of property types, as well as having completed ground-up projects. We provide short and medium-term mezzanine debt and preferred equity financing both for the recapitalization of real estate operating companies, as well as to finance individual real estate projects.

We bring not only capital into a deal, but also the experience of our principals and staff. We seek opportunities where we can take an active role in creating value commensurate with the risk of the transaction. Due to our special situations experience, we also have a track record of successfully repositioning real estate assets through the use of creative capital structures.

We can move quickly to take advantage of time-sensitive opportunities and have underwritten, committed, and closed deals in less than 30 days on numerous occasions.