DSL maintains unique relationships with core lenders and investors who provide non-recourse capital to investors and developers alike. We assist clients in obtaining competitive permanent, bridge and construction loans and work aggressively on their behalf to achieve their investment property goals and objectives.
Bridge Financing
Non-Recourse / Future Funding Facility / Interest-Only / Flexible Loan Structures
DSL arranges short to medium term capital for acquisitions and recapitalizations of existing assets. Ideal for transitional, non-stabilized assets with a value-add component or situations where a quick closing with surety of execution is needed. Bridge loans typically include, but are not limited to, opportunistic investment transactions for mispriced assets with substantial upside through turnaround situations, discounted payoff and discounted note acquisitions.
Construction Financing
Non-Recourse / Fixed or Floating Rate / Assumable / 25-30 Year Amortization/ Flexible Structure
DSL long-standing lender relationships provide non-recourse financing for the acquisition and refinance of hotel properties. We facilitate customized loan structures with low interest rates, longer amortization periods and flexibility. These financing options are designed for cash-flowing and stabilized properties in primary, secondary and tertiary markets.
Mezzanine Debt Financing
Non-Recourse / Interest-Only Available
DSL arranges mezzanine debt to give a sponsor greater proceeds and go higher on the capital stack (LTV) than what senior conventional debt would allow. Mezzanine loans are typically secured by second liens on real estate or by partnership and limited liability company interests. They are ideal for opportunistic purchases to minimize the direct common equity required, recapitalizations, and refinances where the principal amount currently owed is higher than what senior debt loan commitments can be obtained. Pricing of these financing vehicles varies and is based on the risk associated with the transaction. Our experienced team can navigate you through the mezzanine financing process and provide you with a customized solution for your next project.
Preferred Equity
DSL works together with specialized lenders and opportunity funds that provide investors with preferred equity. In situations where certain lenders prohibit mezzanine debt to lever a property, an equity position can be beneficial to reach an LTV ratio of >90%.
Joint Venture Financing
DSL facilitates and arranges JV’s through its clients for approved developers & owners to jointly develop senior living village communities, including senior housing for sale, rental housing with assisted living services, and related common areas, facilities, and services.
Sale Lease Back
DSL sale leaseback process is relatively straightforward. A company that owns a valuable asset who needs cash can sell that asset to an investor, such as a real estate investment trust (REIT), private equity firm or institutional investor. The investor, in turn, leases the asset back to the company at an agreed-upon rate.
Sale leaseback transactions are typically long-term, with lease terms ranging from 10 to 30 years. The lease rate is usually set at a market rate, but it can be higher if the asset is in a prime location or the property is of higher value.