GPARENCY Facilitates $30 Million Credit Facility for Growth in Lending

GPARENCY Successfully Closes a $30 Million Credit Facility for Lender Client

In the competitive world of commercial real estate financing, GPARENCY stands out with its innovative approach known as the 'Mortgage Assurance' model. Recently, the firm, based in Howell, NJ, announced its successful arrangement of a $30 million credit facility tailored for a lender seeking to expand its loan origination capacity in multifamily, commercial, and hospitality sectors.

The Mortgage Assurance Model

This unique brokerage model operates on a fixed-fee basis, charging clients only a flat fee of $4,500 per transaction. GPARENCY guarantees that clients will receive the most favorable financing terms available in the market, whether they are working directly with lenders or via their current brokers. This guarantees clarity and competitiveness in a landscape often fraught with hidden fees and complicated negotiations.

In this instance, the lender client, a private real estate investment company based in New York, was initially considering a credit facility that came with a $1 million deposit requirement for a $20 million deal. However, by engaging GPARENCY, the client was able to eliminate this deposit and secure a larger amount of $30 million, demonstrating the efficacy of the Mortgage Assurance model.

Strategic Partnership with OakNorth

The newly arranged credit facility enables the lender to access a dedicated pool of capital from OakNorth’s New York office. This strategic structuring allows the client to fund future transactions within defined thresholds, significantly enhancing their lending capabilities. The flexibility it provides compared to the previously considered options is invaluable, especially in a fluctuating market.

Jeffrey Levitin, an attorney from Levitin Associates who represented the real estate firm, expressed satisfaction with GPARENCY's services. He noted, 'Our client was extremely satisfied — they secured a more substantial line with better terms than expected, and the process was seamless and transparent throughout.'

Redefining Borrower Confidence

Ami Eller, senior managing director at GPARENCY, emphasized that the firm has fundamentally redefined how borrowers access capital. 'We empower borrowers with the confidence that they are obtaining the best possible arrangements. The success of this $30 million transaction illustrates how our Mortgage Assurance model facilitates clients in continuing to engage with their existing business relationships while still securing financially favorable deals,' she stated.

A Leader in Commercial Real Estate Financing

GPARENCY has established itself as a trailblazer in the commercial real estate sector, being the industry's sole 'Mortgage Assurance Broker'. The firm currently manages over $300 million in financing monthly and boasts a robust network of over 3,400 lenders nationwide. By marketing each opportunity to approximately 1,000 institutions, GPARENCY ensures that clients are presented with a plethora of options, fostering transparency and thorough access to various financial avenues.

For those looking to learn more about GPARENCY and its revolutionary Mortgage Assurance process, additional information is available at www.gparency.com.

Conclusion

This recent success in arranging a $30 million credit facility is a testament to GPARENCY's commitment to shaping the future of real estate financing, clearing a path that's not just more transparent but also more beneficial for borrowers navigating the complexities of financial growth strategies within the commercial real estate market.