Professional Documents
Culture Documents
Lending Landscape
Return / Cost
Our segment
expanding
Bank
lending
shrinking
Alternative Mortgage
Provider
PRIVATE
LENDERS
Friends, family,
and high net worth
BANKS
CREDIT UNIONS
Risk
Private Investing and Lending
Commercial | Residential | Special Situations
About Us
We are lenders:
Moskowitz Capital
Management Inc. (FSCO
Broker & Administrator)
Moskowitz Capital
Mortgage Fund II Inc.
(Mortgage Lender)
Common Sense
Security value
Ability to repay
Flexible deal structure
Quick turnaround time
Cash Flow
.
Debt Service =
Total Debt Obligation
Loan Amount:
$250,000 to $6,000,000
Term:
6 to 36 months
Rates:
6.95% to 12.50%, subject to risk
Lender Fee:
2% to 4%
Amortization:
Often interest only
Prepayment:
Flexible
Personal guarantee:
Required in most situations
Security:
1st mortgage, 2nd mortgage on a
selective basis
Timeline:
Term sheets in 24 hours upon
presentation of good information
Funded deals in two weeks
Purpose:
Term, construction, environmental
remediation, special situations
Property Types:
Single and multi-family residential,
commercial, industrial, land
Non-traditional uses:
Assisted care, alcohol serving
establishments, auto service, dry
cleaners
Location:
Ontario, Nova Scotia, New
Brunswick, Newfoundland and
Saskatchewan
Pricing Landscape
Fees (% of loan amount)
Interest Rate
Bank
0.5%
4% - 7%
1%-2%
5% - 10%
Moskowitz Capital
2% - 4%
6.95% - 12.50%
Other Privates
friends and family
5%-15%
12% - 30%
Financial statements
NOA
Forecast
Rent Roll
Photos
Follow-up phone call
Private Investing and Lending
Commercial | Residential | Special Situations
Integrity
Transparency
Action oriented
Working knowledge of deal
Strong communication skills
Attention to detail
Residential Construction
Source of Proceeds
Land cost
225,000
Hard Cost
400,000
Interest Cost
20,000
Soft Cost
645,000
205,000
$850,000
$850,000
Multi-Family Construction
Land cost
Hard Cost
Source of Proceeds
200,000
1,600,000
Interest Cost
150,000
1,950,000
Builder Equity
1,050,000
Total
$3,000,000 Total
$3,000,000
Renovation
Home renovator and property manager seized lucrative opportunity
Deal done in an afternoon
Loan Value: $760,000
Increased from $433,000
Position: First
Location: St. Johns, NL
LTV: 100%
Debt Service: 1:1 during renovations
Reporting: Rent Rolls
and Notice to Readers
Rental Housing
Short-Term Stay
Litigation
Environmental Remediation
Contact Us
1701 Hollis Street, 8th Floor 115 2nd Avenue North, Suite 107J
Saskatoon, Saskatchewan
Halifax, Nova Scotia
S7K 2B1
B3J 3M8
1.866.841.5385
deals@moskowitzcapital.com