Deal Type
Industry
Deal Status
1. DEAL POSTED BY :
HIMANSHU KOTHARI
FOUNDER & SNR MANAGING PARTNER
GLOBAL VENTURE CAPITAL ADVISORS LLC PA USA
+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
+1-570-793-3699 M WHATSAPP USA EST NY TIME
No Files Attached