International Real Estate Loans Follows
the Action . . .
Benton
Commercial Capital's commitment to placing loans
internationally continues to grow as the world gets
smaller. Currently, the action is in Mexico, Central
America and the Caribbean, Brazil, parts of the Middle East, to
name a few locales.
Benton
Commercial Capital has been originating loans since
1991. Knowing where to
find those sources of funds is what makes us invaluable to your
project.
Our focus is
primarily on transactions ranging from $15 million and
up. Our transaction process differs from most
conventional lenders and is highly disciplined. In
addition, our creative deal structures and strong
financial partnerships help insure successful
closings.
The purpose
of this website is to answer your questions and support you in
your global real estate endeavors.
+ Do I have to be a U.S. citizen to obtain financing for a foreign real estate project?
No, as long as you have tax returns and other personal and corporate financial documentation from your country (translated into English) you do not have to be a U.S. citizen.
+ How do you find financing for your project if you have had no development experience in the country where your project is located?
It is always advisable to hire a construction consultant in the country where your project is located. Someone who is experienced with the local politics, proceedures and customs of the country. It will be necessary to provide a resume of the consultant company so the more experienced they are, the better.
+ What types of properties are the various financing sources interested in?
In a country where there is a large number of residential and tourist related development (ie fractionals, hotels, 2nd home developments) our sources have significant interest in those types of financing. It follows that developments such as retail centers are also strong in those locals.
In other geographical locations there may be a strong need for energy related financing.
The types of properties and projects which are currently in favor are location specific. If you let us know the type of project you are considering and the location, we can tell you if there is currently lender interest.
+ How long does it take to fund a loan?
For construction financing, our rule of thumb from Letter of Interest to funding is 90-120 days.
For purchases or refinances, the process can move more quickly, but plan for a minimum of 90 days.
Remember, on any loan the timeline from Letter of Interest to Funding is dependent on BCC receiving the required documentation in a timely manner.
+ What are the steps?
Benton Commercial Capital has a very specific procedure beginning with a basic questionnaire. See below.
If you
have a project you'd like us to take a look
at,
fill out our
on-line property questionnaire here .gif "online form")
or, print,
fill out, and fax or email this
questionnaire 
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