Real Estate Financing
With years of experience in small business ownership, management and disposition of Real Property, Fairway 21 and our affiliated companies have been in your position and promise to always “have your back.”
We’ve actively managed real estate portfolios through the S&L Crisis in the 80’s and 90’s, the Dot-com bubble, and the 2008 Recession. Through hard lessons learned, we’ve built relationships as owner/operators and have grown to become trusted advisors, realtors and more. We bring that experience to the table for each and every client that we serve.
Experience Matters
As principals in ownership and operations, as well as mortgage brokers directly involved in a wide spectrum of real estate properties and portfolios over the past 50 years, Fairway 21 offers hard earned wisdom, knowledge and awareness to support your transactions.
We offer practical solutions to the real challenges you face, leveraging industry connections and experience to create a proven track record of success for our clients.
- Currently manage commercial real estate portfolio of over 500,000 sq/ft valued at over $20 million
- Collective acquisitions over $50 million in commercial, residential and mixed use real estate
- Gross Rent < $2million per year
- Achieved 10% increase in NOI across portfolio through implementation of property level management and leasing strategies
– Jason Gazaway, Gazaway and White Commercial Real Estate
We’ve been there.
We have operated companies in most facets of the real estate marketplace, and over the years have faced challenges including recessions, lack of available funding, high interest rates, tenants, lenders, weather, attorneys and title issues.
We are true professionals who provide candid and consistent communication, all while keeping you apprised of each movement in the funding process. Our approach is to support the deal and your efforts as if it was our own in the most efficient and effective way possible with a focus on long term success.
Acquisition
Our principals bring nearly 70 years of combined business and Commercial Real Estate experience to analyze, advise and support your efforts.
We assist clients with commercial real estate acquisition loans in the three main categories: quick money or bridge loans, permanent financing, and refinancing to balance your debt to equity while expanding your portfolio.
We have a strong history of acquiring and managing properties through market fluctuations for ourselves and others. We use this experience to help map your CRE acquisition strategy, matching you with the right lenders so you can move quickly once you’ve identified targeted investments.
We have represented buyers in over $50MM of shopping center and single tenant retail acquisitions, leading to successful operations and in many cases execution of the exit strategy plan created at the time of funding.
FROM 1985 TO 1991 FAIRWAY 21 AFFILIATED BUSINESSES PACKAGED, UNDERWROTE AND CLOSED OVER $50MM IN FHLMC APARTMENT HOUSE LOANS IN FORMERLY REDLINED AREAS IN NEW YORK.
The principles at Fairway 21 represented purchaser and provided SLB advisory services on 345,000 sq/ft bio-pharma facility in the Research Triangle (Raleigh, NC)
Sale Leaseback
To seize opportunities during market shifts, pivoting quickly is essential. Depending on your situation, our sale-leaseback solutions might be a key part of this play for your portfolio.
Fairway 21 will negotiate an affordable payment agreement, lease length, and contract conditions that allow you to continue operating smoothly without disruption of products and services.
We’ll help you understand tax advantages, determine the best time to sell, and how to reinvest that equity for higher returns.
The seller who becomes the tenant has payments they can afford, while the buyer has an asset with a secure tenant. This positions the buyer to secure quality financing, creating two benefits: cash flow and mortgage amortization over the life of a long term lease.
These type of transactions are becoming more popular and mainstream and all parties involved, if structured correctly, will inure to significant financial benefits including, but not limited to immediate cash, balance sheet benefits, tax advantages, and many more depending on the tenant and purchaser’s goals and objectives.
Construction
Leveraging the right partnerships can reduce direct costs, keep construction on schedule, and mean the difference between breaking even and realizing a strong ROI.
With personal operating experience in numerous ground-up construction projects, we assist in arranging construction financing with terms that will keep your development timeline on track.
From plans to final inspection, our team views your financing as critical support for the entire project, not a separate afterthought.
Fairway 21 has secured approvals that financed the construction of a class A office building, retail, subdivisions, and more. Our principals ultimately either built the asset or sold the project to a builder, while being compensated for finding the property, securing all plans leading to permits, procuring the funding and selling to a 3rd party or building the asset.
Purchased and sold 6 store Dollar General Portfolio (out of the ground) realizing a 3% cap rate spread. The strategy basis was “recession resistance” to withstand the down market of 2009 which proved out over the following years.
Purchased 8 sponsor co-op units in Pre-War luxury building in White Plains NY at an average profit in excess of $75k per unit. Fairway 21 has done this for themselves and others and this offering is available to clients in many ways.
Fix & Flip
Property flipping can be a lucrative or costly undertaking, depending on how each opportunity is analyzed, conservatively pro-forma evaluated and executed according to plan.
Over the decades, our team has seen rising costs in land and construction materials, and the redevelopment of aging and poorly maintained properties, as well as identifying areas that are prime for gentrification, thus creating many opportunities to fix up and subsequently sell at a significant gain.
Applying this experience to each project you may want to acquire because of the gentrification opportunity, Fairway 21 will deliver to the banker the proof, knowledge and plan, including costs and investments dollars. A simple market analysis illustrating and supporting that the area provides them significant and secure opportunities to fund in these areas, thus helping to avoid bottlenecks where access to funds slows down your timeline and eats away at your ROI. Fairway 21 takes a very proactive path to ensuring the money is there and on time.
Fairway 21 uses the leverage of bridge loans, mortgages, construction funding, and lines of credit to propel your fix & flip business to grow and increase profitability while taking out the risks by having the knowledge of the future upgrade and gentrification of the area. We have acquired, fixed up and sold properties at a significant gain for the past 50 years.