Stone Brothers Capital, LLC
Stone Brothers Capital, LLC is a national hard money mezzanine lender
with a focus on lending equity to small home builders
and land developers. SBC differs from other lenders because
of its ability to offer flexibility to its borrowers.
Some of these characteristics are:
- Compact management team and approval process
capable of executing transactions quickly and efficiently,
particularly where unique deal aspects require the
attention of senior, seasoned real estate finance professionals.
Loan to value
- Funds for property
- Loans approved without committee
- No Layers
of decision making
Stone Brothers Capital, LLC – Current
is a sampling of indicative deals and sample transactions.
Sizes: up to $2mm
- Pricing: Loans are priced on
an individual basis consistent with inherent risk
profiles. Pricing is floating off of Prime.
- Fees: Typically
1% to 2% depending on risk profile and term.
Nearly all transactions carry some level of recourse.
Limits on levels of recourse may be available depending
on the individual transactions.
- Terms: One to
three years in duration. Extension options are
available depending on the characteristics of the individual transaction.
Collins Park -
$1 MM mezzanine loan for acquisition, improvement,
and development of 67 single family residential lots
located in Colorado.
► Financing structure allowed Borrower to purchase
the property with minimal cash contribution.
Borrower to obtain other potential properties.
Riley Creek -
Equity to acquire and finish 48 single family residential
lots outside of Chicago.
► Our group receives a preferred “exit fee” on
each lot sale
► The return to our company is fixed
developer flexibility in marketing the land