U.S. Capital Markets

Our Offerings

Peakhill Capital’s Capital Markets team provides tailored debt and equity solutions to commercial real estate owners and developers. We combine deep market insight with hands-on expertise to help clients navigate complex financing options and achieve their investment goals. We craft creative, trusted capital solutions, leveraging our extensive network of banks, life insurance companies, debt funds, and agency lenders.

Peakhill Capital Markets is a member of the Strategic Alliance Mortgage (SAM), a reputable network of over 250 loan originators boasting 38 offices throughout the United States.

U.S. Capital Markets

Investment Size: $XXX

Eligible Property Type: Multi-family, Industrial, Office, Retail, Storage, Hospitality, Senior Housing, Investment/Owner Occupied
Geographical Focus: U.S. – Minnesota
Capital Sources: Life Insurance Companies, Agency, Banks/Credit Unions, CMBS

Investment Process

Identify

Refinance
Acquisition
Construction
Equity Procurement

Capital Sources

Life Insurance Companies

Life insurance companies invest in commercial real estate for long-term growth, generally due to the length of their policies and their desire to have sufficient capital available when payouts are due (often decades from the onset of the policy). Because of their long-term view of capital, life companies are most favorable for investors looking to lock in low rates for many years, those who want to know their debt service for the next decade (or longer!) without fluctuation, and those who want local loan servicing without the hassle of dealing with multiple parties after closing. Life companies can be relatively conservative lenders, and typically prefer loans 75% LTV or less.

Benefits

Inexpensive, long-term debt
Fully amortizing, non-recourse and limited recourse structures available

Loan: $1 - 10 M

Term: 3 - 20 Years

Amortization: 25 Years — Loan: $1 - 10 M
Term: 3 - 20 Years
Amortization: 25 Years

Loan: $1 - 6 M

Term: 5 - 15 Years

Amortization: 20 Years — Loan: $1 - 6 M
Term: 5 - 15 Years
Amortization: 20 Years

Loan: $2 - 20 M

Term: 5 - 20 Years

Amortization: 25 Years — Loan: $2 - 20 M
Term: 5 - 20 Years
Amortization: 25 Years

Loan: $500 K - 6 M

Term: 5 - 15 Years

Amortization: 20 Years — Loan: $500 K - 6 M
Term: 5 - 15 Years
Amortization: 20 Years

Loan: $500 K - 7 M

Term: 3 - 25 Years

Amortization: 25 Years — Loan: $500 K - 7 M
Term: 3 - 25 Years
Amortization: 25 Years

Loan: $2 - 15 M

Term: 5 - 25 Years

Amortization: 25 Years — Loan: $2 - 15 M
Term: 5 - 25 Years
Amortization: 25 Years

Loan: $2 - 30 M

Term: 2 - 30 Years

Amortization: 25 Years — Loan: $2 - 30 M
Term: 2 - 30 Years
Amortization: 25 Years

Loan: $2 - 25 M

Term: 5 - 25 Years

Amortization: 25 Years — Loan: $2 - 25 M
Term: 5 - 25 Years
Amortization: 25 Years

Loan: $1 - 14 M

Term: 10 - 20 Years

Amortization: 20 Years — Loan: $1 - 14 M
Term: 10 - 20 Years
Amortization: 20 Years

Loan: $3.5 - 14 M

Term: 5 - 20 Years

Amortization: 30 Years — Loan: $3.5 - 14 M
Term: 5 - 20 Years
Amortization: 30 Years

Loan: $5 - 100 M

Term: 10 - 30 Years

Amortization: 30 Years — Loan: $5 - 100 M
Term: 10 - 30 Years
Amortization: 30 Years

Loan: $1 - 10 M

Term: 10 - 25 Years

Amortization: 25 Years — Loan: $1 - 10 M
Term: 10 - 25 Years
Amortization: 25 Years

Loan: $5 - 50 M

Term: 5 - 15 Years

Amortization: 25 Years — Loan: $5 - 50 M
Term: 5 - 15 Years
Amortization: 25 Years

Loan: $12 - 350 M

Term: 5 - 30 Years

Amortization: 30 Years — Loan: $12 - 350 M
Term: 5 - 30 Years
Amortization: 30 Years

Loan: $10 - 50 M

Term: 5 - 25 Years

Amortization: 25 Years — Loan: $10 - 50 M
Term: 5 - 25 Years
Amortization: 25 Years

Loan: $1 - 5 M

Term: 5 - 20 Years

Amortization: 25 Years — Loan: $1 - 5 M
Term: 5 - 20 Years
Amortization: 25 Years

Agency

Fannie Mae and Freddie Mac are government-affiliated agencies that insure loans against default by issuing government bonds.

Interest Rates

Benefits

Exclusively for multifamily properties
Loans are nonrecourse, have long-term fixed rates, and up to 30-year amortization

Banks / Credit Unions

Banks and Credit Unions are useful for many borrowers. Banks seek to recoup as much of their investment as possible in a timely manner, causing them to offer shorter terms for borrowers who prefer flexibility. These short terms can be useful for investors who plan to sell in 3-5 years or foresee an event that could impact the value of their property in the next few years.

Bank Profiles

An additional consideration to understand is that depending on the assets of the bank, they are regulated on how large a given loan can be. The closer the loan amount is to their regulated limit, the more likely they will need to find another bank to participate with them.

Understanding Each Bank’s Process

We understand each bank’s and credit union’s origination and due diligence process and assist clients with negotiation, loan approval and closing.

Advantages

Prepayment flexibility
75%-80% loan-to-value is considered
Offer ground-up construction loans

CMBS

Commercial Mortgage Backed Securities (CMBS) loans are underwritten and funded by a qualified conduit lender, then sold to a trust. CMBS loans offer borrowers the opportunity to lock in rates for extended terms, typically 10 years.

Lending Metrics

CMBS loans are appealing because they can be aggressive on all the lending metrics: high leverage, long amortization, long-term fixed rates, and non-recourse.

Benefits