About Us
• We are a direct lender, investing our own capital rather than relying on funding from outside sources. This allows us greater speed and flexibility in funding decisions.
• We are a private lender, rather than a traditional bank. Our private status allows us to use more creativity in structuring our loans and equity investments to tailor them to the needs of our borrowers.
• We are an asset-based lender rather than a cash-flow lender. Our focus on the value of the collateral allows us to make loans to borrowers with cash flow constraints.
Investment Parameters
FLEXIBLE & CREATIVE
Ash Point Capital specializes in making short-term real estate bridge loans. We provide the borrowing community with flexible alternatives to conventional lending institutions. Our loans serve a wide range of borrower needs such as:
• Acquisition and Development
• Entitlement
• Construction
• Refinancing
• Cash-Out
• Renovation and Repositioning.
INVESTMENT PARAMETERS
Loan Terms:
Interest Rate:
Amortization:
Loan to Value:
Investment Size:
Origination Fees:
Exit Fees:
Investment Term:
Lien Position:
Types of Collateral:
Representative Ranges
8% to 16%
Interest Only or Interest Reserve
50% to 80%
$250,000 to $5,000,000
2-4 Points Depending On Term
0-2 points
6-36 Months
First Position Only
Residential, Multi-Family, Retail, Office, Industrial, Raw Land
Recent Investments
UpTown3
Ash Point Capital provided a $2.7 million loan for the construction of three single-family homes in the Silver Lake neighborhood of Los Angeles. Developed as part of the City’s Small Lot Ordinance Program, the project resulted in three detached homes situated on a single city lot. Ash Point provided refinancing for acquisition, as well as entitlement and construction loans. The loan was modified twice to accommodate changes to budget and schedule without any disruption in funding.
High Meadows Estates
Ash Point Capital provided a $3 million loan for the completion of site improvements for the High Meadows Estates residential development in Berks County, PA. The development is a 44 lot subdivision to be completed in two phases over a three year period. The loan provides an interest reserve to ease cash flow restrictions during the development period and includes an extension provision to create flexibility in the development schedule.
Junction4
Ash Point Capital provided $1.5 million in preferred equity financing for the construction of four single-family homes in the Los Feliz neighborhood of Los Angeles. Developed as part of the City’s Small Lot Ordinance Program, the project resulted in four detached homes situated on a single city lot. Ash Point provided funding for acquisition, and entitlement as well as loan guarantees for $2.1 million in construction financing through a local bank.
Homes at Hummingbird
Ash Point Capital provided a $2.9 million loan for the construction of four single-family homes in the Aviara neighborhood of Carlsbad, CA. The financing included a loan draw and construction financing over a 30-month term. The loan was modified to extend the term and increase the loan amount without any disruption of funding.