GCP Fund’s Joe Malvasio Closes Hard Money Loans Fast for New Commercial Real Estate Investors in New York
Joe Malvasio of Global Capital Partners Fund believes that hard money loans help new commercial real estate investors. Malvasio is used to responding efficiently and quickly to the financing needs of investors. Besides its reliable and reliable hard money lending services, Malvasio also offers timely advice to real estate investors.
Describing commercial real estate (CRE) to a novice, Malvasio said: “CRE has many benefits for homeowners. When they find that tenants have to pay for insurance, maintenance and even property taxes, they jump at the first opportunity that presents itself. But then these potential investors fall on the price tag, and it’s so steep that they can’t even make the down payment. Even if they can, there are so many ways for their funding terms to go wrong. “
Malvasio’s main goal is to keep things simple, transparent and fast when making a deal. Backed by an amazing team of underwriters and brokers, he is known to close deals quickly and help borrowers raise funds quickly.
Not too long ago, Malvasio was able to help a client in Tribeca, NY, secure $ 2.9 million in financing. Its funding portfolio is between $ 1 million and $ 100 million. The company also facilitated a $ 9.5 million acquisition of Bank Reo and closed the deal within two weeks.
Discussing the financing terms, the senior loan expert said, “Hard money loans are known for their high interest rates; when the truth is they allow both seasoned and new investors the opportunity to strike a deal before other competitive bidders. GCP Fund allows a sponsor to repay what they owe in about a year with an institutional refinancing solution or asset resale.
The company that Malvasio represents is known for its quick approvals and quick funding. It offers eight commercial loan solutions, namely CRE financing, construction financing, private loans, loans on assets (ABL), bridging loans, mezzanine financing, permanent loans and joint venture financing. structure.
About Joe Malvasio
Joe Malvasio has over 40 years of experience in financing projects for investors and entrepreneurs. As President of Global Capital Partners Fund, ABL’s expert has helped dozens of clients make commercial real estate investments by providing them with simple financing solutions and streamlining acquisition.
“I, Ricky Taylor, am an authorized news distributor and have permission to use the name of the company, Global Capital Partners Fund, in press releases. “