Senior Preferred Multi-Family Equity
Direct Lending Partners is the easiest and most reliable source of rehab funding for all of your funding needs. We focus on providing our borrowers the capital they need to fund their investments, in addition to the support, experience, and knowledge to help make these renovation and new construction projects profitable.
Don Wenner, CEO, and the Lending Team of Direct Lending Partners have funded more than 800 residential renovations and 200 new construction homes over the past 7 years and are experts in knowing how to make a rehab or construction project successful.
Once Direct Lending Partners pre-approves you for your new funding, you will no longer have to look anywhere else for your funding needs!
|Total Deal Size||$5,000,000-$200,000,000|
|DLP Equity Investment Amount||$1,000,000-$20,000,000|
|Minimum Number of Units||100|
|Types of Deals||Acquisition of “value-add” B and C class multi-family assets in
secondary and tertiary market through the US
|Priority Return on Cash Flow||8-10%|
|Time to Close||20-30 days|
|Promote||Sponsor receives a 10-20% promotion|
|Structure||DLP provides 50%-80% of the required equity in “Co-GP”/LP structure in a
senior/referred position to the sponsor’s equity Fees DLP charges a 1% acquisition
fee on the purchase price.
DLP charges a 1% administrative and asset servicing fee on rent collected.