Building State-of-the-Art

 

Financial Solutions

 
 

Financial Architects to the Real Estate Industry

Senior Debt / Fixed & Floating
Leverage:  Maximum 70% to 80% dependent on debt coverage ratios
Term: 3-10 years / fixed-rate or adjustable
Size: Minimum $3,000,000 nationwide, smaller loans on a case-by-case basis
Amortization: 25-30 years

Joint Venture / Preferred Equity

Leverage:  Maximum 95% of the total capital stack dependent on strength of sponsor and project dynamics with a minimum of 10% equity investment by Sponsor

Term: 1-3 years with options

Size: Minimum $3,000,000

Amortization: Interest only

Security: Secured by the Operating Agreement and/or a Pledge Agreement

Bridge Debt

Leverage:  Maximum 85% of acquisition or original funding with additional “good news” funding events up to 95% of the original funding amount

Term: 1-3 years with options

Size: Minimum $2,000,000

Rates:  6-10% dependent on leverage and asset quality

Amortization: Interest only

Construction Financing

Leverage:  Maximum 70% plus the ability to leverage up to 85% with a Preferred Equity tranche

Term:  2-3 years with options

Size:  Minimum $3,000,000

Rates: Prime / LIBOR plus market spreads dependent on leverage

Amortization:  Interest Only

OUR FIRM

 

Why Choose Us:

 

Peak Finance Company, Commercial provides unparalleled access to conventional debt financing, joint venture equity, mezzanine, bridge financing and structured debt. We can help you meet the capital requirements across the entire capital stack for virtually any commercial investment opportunity.

We are consistently able to secure the best terms available in the marketplace for our clients whether from Wall Street investment banks, pension and opportunity funds, commercial banks, insurance companies or private equity investors including equity co-investment from the Peak Corporate family. Peak Finance Company,  Commercial delivers - always exceeding our clients’ expectations.  With over $2 Billion in closed financings among the firm’s mortgage banking professionals, our hands-on real estate expertise optimizes results.

Creativity & Knowledge:

Whether you are a seasoned borrower or one whose circumstances do not conform to conventional underwriting guidelines, we can determine how to best finance your investment while maximizing your returns. We listen, design and analyze each potential financing transaction in order to provide the optimum return objectives.  You will get multiple options outlining the pros and cons of each financing solution. 

The Peak Corporate Network:

As part of The Peak Corporate Network, Peak Finance can save you time and money by connecting you with our powerful network of best-in-class companies for insurance, brokerage, 1031 exchanges, and more. 

 

Learn more about our other companies and how they can help you.  

The Peak Corporate Network is a brand that represents a group of related separate legal entities, each providing its unique set of real estate services.

 
 

MEET THE TEAM

 

Eli Tene

Principal, Peak Corporate Entities

Mr. Tene has been involved in the real estate industry since 1988, starting with a firm specializing in commercial distressed properties.

Eli Tene specializes in complex and creative residential and commercial real estate transactions, equity-based joint ventures, foreclosures, debt and equity financing, loss mitigation and upgrading of distressed properties. Throughout his varied career, Mr. Tene has perfected the art of residential and commercial short sales and has negotiated thousands of successful transactions.

 

Mr. Tene has managed a broad spectrum of real estate portfolios and serves as a valuable resource for pricing and analysis issues.  Mr. Tene ran an operation that completed  over 5,000 short sales, managed hundreds of millions for a private lending fund, including a fund partnership with  a $12 billion family office, and completed the development of a diverse portfolio of retail, commercial and residential projects.

 

Michael Katz

Senior Managing Director, Finance

Mr. Michael Katz has been actively providing mortgage banking services for his clients since 1988.  His portfolio of financed transactions includes over $3 billion in funded loans and equity investments that represent the entire spectrum of commercial real estate assets.

Prior to merging his firm, Pacific Capital Partners with Peak in 2010, Mr. Katz was a principal and managing member of Center Financial.  During his tenure at Center Financial, Mr. Katz directed the origination team and was responsible for developing a nationwide origination platform for all types of commercial property, including acquisition and development projects, joint ventures, preferred equity, conventional senior and bridge debt and construction projects.

Prior to his tenure at Center Financial, Mr. Katz led the commercial acquisition team at Kennedy Wilson where he was responsible for the sourcing and closing of over $250 million in commercial assets.  Mr. Katz is a graduate of the University of California, Los Angeles and has been a guest lecturer for the UCLA Ziman Center for Real Estate Studies.

 

Gil Priel

Principal, Peak Corporate Entities

Mr. Priel has been involved in the real estate industry since 1978, starting with the private equity acquisition and management of several office buildings in the Los Angeles area and growing it into a sizable mixed real estate portfolio over many states. 

 

In 1979, he became President of Priel Investment Properties, Inc. and in 1991, President of Peak  Financial Partners, Inc.  Mr. Priel has worked in all phases of the real estate industry including commercial and residential development and management, financing (portfolio lending for commercial and residential properties), non-performing debt acquisition, broken development deal completion and private equity bridge financing.

 

Mr. Priel was the managing director and partner in a lending fund of $100mm with a $12B net worth private family office starting in 2006. Mr. Priel has concluded over $500 million in real estate deals. 

 

REPRESENTATIVE  FINANCINGS

Mixed Use Ground Up Construction

297 Units + 27,000 sf ground floor retail

$70,000,000 senior debt + $30,000,000 Preferred Equity Investment

North Hollywood, CA

Debtor-in Possession Financing

336 Unit Multifamily with extensive upgrade reserves

$23,700,000 interim 24 month DIP loan

Katy, Texas

Retail Condominium Interest

19,282 sf multi tenant retail

$3,400,000 ten year fixed rate term

Los Angeles, CA

Single Tenant 286,336 sf Industrial Logistics Warehouse

$15,500,000 two year bridge loan convertible to ten year fixed rate loan

Van Nuys, CA

575,000 sf Regional Mall Acquisition

$17,000,000 Defaulted Note Financing to Bridge debt upon completion of foreclosure

Mrytle Beach, South Carolina

4-Star Hotel Ground Up Construction

246 Rooms with 25,000 sf club facility

$49,500,000 senior debt + $15,500,000 Preferred Equity Investment

San Diego, CA

$20,000,000 ten year Fixed Rate Financing

100,000 sf office tower plus restaurant

Beverly Hills, CA

Land Acquistion & Pre-Development Financing

254 Apartment Units + 7,500 sf of retail area

$12,500,000 A & D Financing

Reseda, CA

Twin Office Towers - Corporate HQ

152,674 sf major renovation program

$12,000,000 bridge plus renovation funds

Los Angeles, CA

Leasehold Financing on 179,900 sf Retail / Entertainment Center

$7,000,0000 Bridge loan with future funding component for TI/LC

Austin, Texas

Retail redevelopment & re-positioning

109,000 sf existing + 20,000 sf new development

$22,500,000 bridge loan plus future earnout

West Covina, CA

50% vacant 80,520 sf Retail Center Repositioning

$7,000,000 five year fixed rate loan

Clovis, CA

Ground Up Construction

39,746 sf two story retail / restaurant center

$12,750,000 construction to mini-perm loan

Newbury Park, CA

GET STARTED ON BUILDING YOUR FINANCING

Call us now for more info.
818.466.6423

CalDRE Broker's License # 00662305

dba Pacific Capital Markets, Inc.

Bridgelock Capital - CalDRE Broker License #01765521

dba Peak Finance Company

California Finance License # 603-E273

 

Inquire below for today's latest rates and programs.
Corporate Office

5900 Canoga Avenue #110

Woodland Hills, CA  91356