DEBT FUNDING NEEDED : USD 100 M + : FOR A REAL ESTATE MAJOR IN HOUSING & COMMERCIAL REAL ESTATES SECTOR

Posted On: 18 / Jul / 2022
0 864

Deal Details

Annual

Deal Type

Debt Finance
Maximum Loan

Industry

Commercial Real Estate
Charge

Deal Status

Active

Deal Description

1. DEAL POSTED BY : 

HIMANSHU KOTHARI 

FOUNDER & SNR MANAGING PARTNER 

GLOBAL VENTURE CAPITAL ADVISORS LLC PA USA 

[email protected]

+1-570-793-3699 M WHATSAPP USA EST NY TIME 

2. CLIENT : 

2.1 : A COMMERCIAL REAL ESTATE MAJOR WITH EXCELLENT TRACK RECORD IN REAL ESTATE SECTOR 

3. PROJECT : 

3.1. : EXISTING LAND SLUM AREA RE-DEVELOPMENT PROJECT IN PRIME LOCATION 

3.2 : ONE THIRD AREA : FOR SLUM REHABILITATIONS 

3.3 : TWO THIRD AREA : FOR FREE SALES 

3.4 : COMMERCIAL & RESIDENTIAL TOWERS HIGH RISE BUILDINGS 

3.5 : PRE BOOKINGS ALREADY IN PROGRESS AND CASH FLOWS FROM PRE-BOOKING ALREADY STARTED 

4. PURPOSE OF DEBT FUNDING : 

4.1. RE-PAY EXISTING LENDER 

4.2. RAISE FUNDS FOR CONSTRUCTIONS OF ALL TOWERS 

4.3. PHASE WISE CONSTRUCTIONS IN PROGRESS 

4.4. PROJECT TO BE COMPLETED IN 5 YEARS 

5. DEBT TERMS : 

5.1. TERM LOAN FOR MIN 5 YEARS 

5.2. MORATORIUM OF 1 YEAR

5.3. INTEREST PAYMENTS AND LOAN REPAYMENT TO START FROM 2024 ON QUARTERLY BASIS 

5.4. LAND MORTGAGE : LAND BELONGS TO CO-OPERATIVE HOUSING SOCIETY - CANNOT BE MORTGAGED 

5.5. ASSETS MORTGAGE : REAL ESTATE TOWER PROPERTIES DEVELOPED : EACH UNIT : TO BE OFFERED AS MORTGAGE 

5.5. SECURITIZATION : FUTURE SALES AND FUTURE CASH FLOWS TO BE SECURITIZED AND REPAYMENTS FROM ESCROW ACCOUNT 

5.6. ALL TERMS SUBJECT TO NEGOTIATIONS 

6. FOREX COVER : 

6.1. CLIENT TO PROVIDE FOREX COVER FOR INTEREST & DEBT RE-PAYMENT 

7. GAURANTEES : 

7.1. CLIENT TO OFFER GAURANTEES FOR INTEREST & LOAN RE-PAYMENTS 

8. ATTORNEYS : 

8.1. LEADING LAW FIRM WHO SPECIALIZE IN LARGE REAL ESTATE DEBT FUNDING DEALS 

8.2. SPECIALIZE IN CROSS BORDER INVESTMENTS INCL DEBT DEALS 

9. TRUSTEES : 

9.1. TRUSTEES TO BE APPOINTED FOR BOTH LENDERS & BORROWERS 

9.2. WELL ESTABLISHED TRUSTEES : SPECIALIZING IN ALL DEBT DEALS MANAGEMENT & SECURITIZATIONS & ESROW ACCOUNT MANAGEMENT 

10. PREFERENCES : 

10.1. DIRECT LENDERS PREFERRED 

10.2. LENDERS TO HAVE REAL ESTATE PROJECTS LENDING PROFILE & ALLOCATIONS 

10.3. LENDERS TO BE FAMILIAR WITH LENDING MODALITIES IN SLUM REHABILITATIONS REAL ESTATE REDEVELOPMENT PROJECTS 

11. CONTACT : 

HIMANSHU KOTHARI 

FOUNDER & SNR MANAGING PARTNER 

GLOBAL VENTURE CAPITAL ADVISORS LLC, PA, USA 

[email protected] 

+1-570-793-3699 M WHATSAPP USA EST NY TIME 

No Files Attached

Deal Value
7.99 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
Undisclosed