Financing Solutions

​David B. Norton Inc is highly effective in structuring and placing long-term structured debt.  These senior loan positions benefit from long-term low, fixed interest rates.  David B. Norton Inc. has an extensive lender network which includes traditional banks, life insurance lenders, agency, and securitized mortgages.   These Permanent Loans can be structured to provide, beneficial interest only periods, cash-out, and ownership recapitalization.  In addition, a mezzanine loan can be incorporated to provide even higher loan proceeds.
Construction Loans, albiet available in the market, we are finding are met with enhanced underwriting criteria.  David B. Norton Inc. has identified a core group of lenders who are active in construction lending throughout the United States.  This includes both recourse and non-recourse loans which can stretch all the way to 80% of the project costs.
Using our network of institutional level investor groups, David B. Norton  Inc. has been effective at closing both Joint Venture and Preferred Equity Investments.   These equity investments, in conjunction with closing of a debt instrument, require extensive creativity in their structuring, and a close coordination of financial objectives.  These equity investments provide owners and investors access to much needed capital which may extend very high in the capital stack. 
Bridge Loans provide real estate owners and access to loan which can be quickly closed providing the capital needed to implement an acquisition or value-add strategy, or to bridge the property until a permanent senior loan can be placed.  Today we benefit from a large pool of bridge lenders operating in the market, however it is important to have a guidance from a firm like David B. Norton Inc. to avoid the many predatory bridge lenders who are focused on deposits rather than loan closing. 
David B. Norton Inc. is often engaged to assist with the analysis of individual asset business plans as well as overall portfolio strategy.  In many cases, the firm has worked with real estate owners to address bankruptcy strategies in a way to preserve owner equity and smooth bankruptcy exit with recapitalization with fresh capital.   The firm has also asisted with market analysis, property valuation, and management strategies.
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Contact:                         
David Norton - (615) 432-2064 / (310) 689-7375,  david@davidbnorton.com
Lew Gildred - (310) 689-7377,  lew@davidbnorton.com

Recent Closings

Closed a $56,031,000 Construction Loan and Equity Investment (98.2% LTC) for the Construction of a 350-Unit Multifamily Development
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​Closed a $15,500,000 Preferred Equity Investment for the Acquisition of a 722-Unit, $140,800,000 Multifamily Portfolio
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Closed a $48,500,000 (98.5% LTC) Construction Loan and Joint Venture Equity Investment for a 342-Unit Multifamily Development
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Closed a $39,260,000 (98.5% LTC) Construction Loan and Joint Venture Equity Investment for a 314-Unit Multifamily Development
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​Closed a $13,860,000 Construction Loan for the Development of 109 Townhome Units
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Closed a $1,040,000 Senior Loan for a 0.12 Acre Parking Lot Property
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​Closed a $60,000,000 Construction Loan for the Development of a 200,000 SF Retail Center
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Closed a $13,000,000 Acquisition Bridge Loan for an 84,000 SF Office Property
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Closed a $6,000,000 Acquisition Permanent Loan for a 63,000 SF Industrial Property 
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Closed a $10,000,000 Infrastructure Loan for a 165 Acre Development Property 
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​Closed a $37,500,000 (98.5% LTC) Construction Loan and Joint Venture Equity Investment for a 340-unit Apartment Development
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