Thursday, February 26, 2009

Metro Funding Seek to Acquire Distress Properties

Recently MFC created a new Fund for the purpose of purchasing and managing distressed properties in the United States. The fund is currently looking to buy distressed commercial properties or distressed residential complexes, including incomplete development projects, properties that require minimal renovations and non performing notes. MFC’s fund will also consider joint ventures and partnerships in the commercial real estate business.


For Help with these types of scenarios, please contact Ido Gerber 

Tel (201) 834-1317


   Distress Real Estate Acquisition Criteria:

http://www.metrofundingcorp.com/images/bulletinner.jpg Transaction Size

$5 Million to $40 Million

http://www.metrofundingcorp.com/images/bulletinner.jpg Property Types

All Commercial properties, including: Office Buildings, Medical Buildings, Retail Strip Malls, Shopping Centers, Hotels, Motels, etc. Residential complexes, including Apartment Buildings, Condo/Coop Buildings, Student Housing, etc.

http://www.metrofundingcorp.com/images/bulletinner.jpg Project Status

Performing Notes, Non Performing Notes, Pre Foreclosures, Foreclosed Properties, Bank Owned, Incomplete Development, Privately owned, Free & Clear or encumbered, etc.

http://www.metrofundingcorp.com/images/bulletinner.jpg Income

Non Income and Income Producing Properties considered

http://www.metrofundingcorp.com/images/bulletinner.jpg JV/Partnerships

Considered on a case by case basis

No comments: