72nd Street Partners offers deep sector experience and reliable deal execution in an ever-changing market.
Experience built for today's
financial environment.
Asset Backed Finance Structures
- Managing partner with 40 years experience in trading, structuring and underwriting a wide variety of asset classes where leverage is desired through debt
- REPO LINES, REVOLVING LINES OF CREDIT, WAREHOUSE LINES AND TERM FACILITIES up to $100 million + in size on various asset classes
- Bridge Financing, “Value Add” on CRE
- CONSTRUCTION FINANCING ON LARGE COMMERCIAL / RESIDENTIAL developments. Ground Up
- CRE, Multifamily, SFR, and other asset classes which are either cash flowing or when stabilized have positive cash flows
- Merchant Cash Advance / Receivable Financing
- Venture Finance, Early to Later growth
40
Years in the business
OUR OFFER
We offer professional financial advisory services
Case Study ONE
- $15,000,000.00 MULTI ASSET REPO LINE
- 1 YEAR DURATION WITH EXTENSION OPTION
- ADVANCE RATES VARIED BASED ON ASSET CLASS, ON AVERAGE AT 75%
- PRICED AT 1 MONTH LIBOR PLUS 400
- CLOSED IN 90 DAYS
Case Study TWO
- $40,000,000.00 CONSTRUCTION LOAN
- RESIDENTIAL GROUND UP
- ADVANCE RATE BASED ON VALUE OF PROJECT AT STABILIZATION AT 70%
- PRICED AT 1 MONTH LIBOR PLUS 800
- 2 YEAR DURATION WITH EXTENSION OPTION
- CORPORATE GUARANTEES WITH BAD BOY CARVE OUTS
Case Study THREE
- RESIDENTIAL LUXURY TOWN - HOME CONSTRUCTION LOAN
- $10.5 MILLION
- 364 DAY REPO LINE WITH 2 / 1 YEAR EXTENSION OPTIONS
- 1 MONTH LIBOR PLUS 5.50
- ADVANCE RATE BASED ON VALUE UPON COMPLETION AT 60%
Case Study FOUR
- $75 Million RLOC
- SECURED BY RESIDENTIAL TAX LIENS
- RATE TIED TO LIBOR PLUS 600
- ADVANCE RATE 90% OF REDEMPTIVE VALUE
- TERM 3 YEARS
- GUARANTEE, BAD BOY CARVE OUTS
- NATIONWIDE BUYER OF TAX LIENS
Case Study FIVE
- $12 Million RLOC
- SECURED BY MERCHANT CASH ADVANCES
- 1 YEAR TERM WITH OPTIONS FOR RENEWAL
- LIBOR PLUS 800
- ADVANCE RATE 70% OF LENDERS ADVANCE
- CORPORATE GUARANTEES WITH BAD BOY CARVE OUT GUARANTEES
Case Study SIX
- $20 Million RLOC WITH ACCORDION OPTIONS
- SECURED BY CRE "VALUE ADD" OR "GROUND UP" CONSTRUCTION
- 3 YEARS TERM
- LIBOR PLUS 450
- ADVANCE RATE BASED ON COSTS AT 65%
- CORPORATE GUARANTEES
Case Study SEVEN
- $10 Million Repo Line
- Residential Fix and Flip
- 1 Year Term with renewal options
- Priced at LIBOR PLUS 5.25%
- 80% A/R
- PERSONAL GUARANTEES
Case Study EIGHT
- $35 MILLION DOLLAR TERM LOAN
- 12-MONTH DURATION
- LIBOR PLUS 5.50
- SECURED BY BANK DEPOSITS
- FUNDS USED TO EXPAND BUSINESS PLATFORM
Case Study NINE
- $8MM CONSTRUCTION LOAN
- GROUND UP
- MULTI FAMILY
- 80% LTC
- 8% RATE
- 2-YEAR TERM
- BAD BOY CARVE OUTS
- COMPLETION GUARANTEES
Case Study TEN
- $25 MM BRIDGE FINANCING
- PRODUCT DISTRIBUTION
- CORPORATE GUARANTEES
- 6 MONTH TERM
- 20% INTEREST RATE
- P&I MONTHLY PAYMENTS
Case Study ELEVEN
- 45,000,000.00
- TERM LOAN
- EV FLEET FINANCING
- 2-YEAR TERM WITH EXTENSION OPTIONS
- ADVANCE RATE BASED ON ACQUISITION COST CAPPED AT 85%
- RATE 6.8750%
- NEW EV CAR ACQUISITIONS
- CORPORATE GUARANTEE WITH BAD BOY CARVE OUTS
Case Study TWELVE
- $10 MILLION
- TERM LOAN
- LIFE SCIENCE
- 2 TRANCHE DRAW
- 36 MONTH AMORTIZATION
- 12 MONTH I.O. PERIOD
- 5% RATE FLOATING
- WARRENTS REQUIRED
Case Study THIRTEEN
- $100 MILLION 12-MONTH FORWARD COMMITMENT
- TO PURCHASE SBA 504 AND SBC LOANS
- SERVICE RETAINED BY SELLER
- PRICED TO THE 5-YEAR TREASURY PLUS SPREAD
- 5 YEAR PRE PAYMENT-PROTECTION
- 10 YEAR TERM
VARIOUS ASSETS WHICH CAN BE CONSIDERED
72nd Street Partners will consider transactions which include asset based loans in conjunction with specialty finance originators covering multiple sectors
Niche Assets
- MCA Advances
- Equipment Finance
- Aircraft
- Truck Finance
- Consumer Installment
- Factoring
- Auto Finance
- Rail Finance
- Small Business Loan
- Tax Liens
- Ligitation Finance
Residential Assets
- Residential Real Estate
- Residential Mortgage
- Transition Loan
Commercial Assets
- SBA 7(a)
- SBA 504
- Small Balance Commercial
- Transition Loans
- Commercial Real Estate
- Commercial Pace
