Terms and Conditions

Last updated: June 20, 2024

Please read these terms and conditions carefully before using Our Service.

Interpretation and Definitions

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of these Terms and Conditions:

  • Affiliate means an entity that controls, is controlled by or is under common control with a party, where "control" means ownership of 50% or more of the shares, equity interest or other securities entitled to vote for election of directors or other managing authority.

  • Country refers to: Berlin, Germany

  • Company (referred to as either "the Company", "We", "Us" or "Our" in this Agreement) refers to FACTOR COMMERCIAL, berlin.

  • Device means any device that can access the Service such as a computer, a cellphone or a digital tablet.

  • Service refers to the Website.

  • Terms and Conditions (also referred as "Terms") mean these Terms and Conditions that form the entire agreement between You and the Company regarding the use of the Service. This Terms and Conditions agreement has been created with the help of the Terms and Conditions Generator.

  • Third-party Social Media Service means any services or content (including data, information, products or services) provided by a third-party that may be displayed, included or made available by the Service.

  • Website refers to FACTOR COMMERCIAL, accessible from https://factorref.com/

  • You means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

Acknowledgment

These are the Terms and Conditions governing the use of this Service and the agreement that operates between You and the Company. These Terms and Conditions set out the rights and obligations of all users regarding the use of the Service.

Your access to and use of the Service is conditioned on Your acceptance of and compliance with these Terms and Conditions. These Terms and Conditions apply to all visitors, users and others who access or use the Service.

By accessing or using the Service You agree to be bound by these Terms and Conditions. If You disagree with any part of these Terms and Conditions then You may not access the Service.

You represent that you are over the age of 18. The Company does not permit those under 18 to use the Service.

Your access to and use of the Service is also conditioned on Your acceptance of and compliance with the Privacy Policy of the Company. Our Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your personal information when You use the Application or the Website and tells You about Your privacy rights and how the law protects You. Please read Our Privacy Policy carefully before using Our Service.

Links to Other Websites

Our Service may contain links to third-party web sites or services that are not owned or controlled by the Company.

The Company has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that the Company shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through any such web sites or services.

We strongly advise You to read the terms and conditions and privacy policies of any third-party web sites or services that You visit.

Termination

We may terminate or suspend Your access immediately, without prior notice or liability, for any reason whatsoever, including without limitation if You breach these Terms and Conditions.

Upon termination, Your right to use the Service will cease immediately.

Limitation of Liability

Notwithstanding any damages that You might incur, the entire liability of the Company and any of its suppliers under any provision of this Terms and Your exclusive remedy for all of the foregoing shall be limited to the amount actually paid by You through the Service or 100 USD if You haven’t purchased anything through the Service.

To the maximum extent permitted by applicable law, in no event shall the Company or its suppliers be liable for any special, incidental, indirect, or consequential damages whatsoever (including, but not limited to, damages for loss of profits, loss of data or other information, for business interruption, for personal injury, loss of privacy arising out of or in any way related to the use of or inability to use the Service, third-party software and/or third-party hardware used with the Service, or otherwise in connection with any provision of this Terms), even if the Company or any supplier has been advised of the possibility of such damages and even if the remedy fails of its essential purpose.

Some states do not allow the exclusion of implied warranties or limitation of liability for incidental or consequential damages, which means that some of the above limitations may not apply. In these states, each party’s liability will be limited to the greatest extent permitted by law.

"AS IS" and "AS AVAILABLE" Disclaimer

The Service is provided to You "AS IS" and "AS AVAILABLE" and with all faults and defects without warranty of any kind. To the maximum extent permitted under applicable law, the Company, on its own behalf and on behalf of its Affiliates and its and their respective licensors and service providers, expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the Service, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and warranties that may arise out of course of dealing, course of performance, usage or trade practice. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the Service will meet Your requirements, achieve any intended results, be compatible or work with any other software, applications, systems or services, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.

Without limiting the foregoing, neither the Company nor any of the company’s provider makes any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Service, or the information, content, and materials or products included thereon; (ii) that the Service will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Service; or (iv) that the Service, its servers, the content, or e-mails sent from or on behalf of the Company are free of viruses, scripts, trojan horses, worms, malware, timebombs or other harmful components.

Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights of a consumer, so some or all of the above exclusions and limitations may not apply to You. But in such a case the exclusions and limitations set forth in this section shall be applied to the greatest extent enforceable under applicable law.

Governing Law

The laws of the Country, excluding its conflicts of law rules, shall govern this Terms and Your use of the Service. Your use of the Application may also be subject to other local, state, national, or international laws.

Disputes Resolution

If You have any concern or dispute about the Service, You agree to first try to resolve the dispute informally by contacting the Company.

For European Union (EU) Users

If You are a European Union consumer, you will benefit from any mandatory provisions of the law of the country in which You are resident.

United States Legal Compliance

You represent and warrant that (i) You are not located in a country that is subject to the United States government embargo, or that has been designated by the United States government as a "terrorist supporting" country, and (ii) You are not listed on any United States government list of prohibited or restricted parties.

Severability and Waiver

Severability

If any provision of these Terms is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions will continue in full force and effect.

Waiver

Except as provided herein, the failure to exercise a right or to require performance of an obligation under these Terms shall not affect a party’s ability to exercise such right or require such performance at any time thereafter nor shall the waiver of a breach constitute a waiver of any subsequent breach.

Translation Interpretation

These Terms and Conditions may have been translated if We have made them available to You on our Service. You agree that the original English text shall prevail in the case of a dispute.

Changes to These Terms and Conditions

We reserve the right, at Our sole discretion, to modify or replace these Terms at any time. If a revision is material We will make reasonable efforts to provide at least 30 days’ notice prior to any new terms taking effect. What constitutes a material change will be determined at Our sole discretion.

By continuing to access or use Our Service after those revisions become effective, You agree to be bound by the revised terms. If You do not agree to the new terms, in whole or in part, please stop using the website and the Service.

Contact Us

If you have any questions about these Terms and Conditions, You can contact us:

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Banks

Bank Facade

Factor Real Estate Finance has cultivated robust relationships with national, regional, and local banks throughout the country, allowing us to offer a diverse range of capital solutions tailored to the unique needs of our clients. Whether it’s construction financing, bridge loans, or permanent financing, we have the expertise and connections to secure the best possible terms for your commercial real estate projects.

Our extensive banking network, combined with our meticulous attention to detail, enables us to craft customized financing solutions that optimize investment performance. We understand that every project is unique, and we are committed to delivering capital solutions that drive value and maximize returns for our clients. At Factor Real Estate Finance, your goals are our priority, and we are dedicated to helping you achieve them with the most effective and efficient financing strategies.

Equity

Equity Financing

At Factor Real Estate Finance, we offer more than just debt solutions, we deliver comprehensive capital stack strategies, including equity placement, tailored to meet the distinct goals of each client. Our deep relationships with institutional investors, family offices, private equity firms, and high-net-worth individuals allow us to structure equity that complements our debt offerings, delivering a full-spectrum approach to commercial real estate financing.

Whether your project requires joint venture equity, preferred equity, or co-GP structuring, we leverage our network and market insight to align the right equity partners with your vision. Our experience spans all asset classes; multifamily, office, industrial, hospitality, and more, giving us the versatility to craft equity solutions that are as nuanced and dynamic as the deals themselves.

Portfolio Analysis

Portfolio Analysis Financing

Portfolio Analysis is a critical process for real estate investors and managers seeking to optimize the performance, manage risk, and maximize the value of their real estate assets.  Our expertise and analytical tools will help you achieve a thorough understanding of your investments and align them with your long-term objectives.

Effective portfolio analysis begins with a detailed assessment of each asset within the portfolio. This involves evaluating the financial performance, operational metrics, and market positioning of individual properties. Our team conducts in-depth analyses of key performance indicators such as occupancy rates, rental income, operating expenses, and net operating income. By examining these metrics, we identify strengths and weaknesses in your portfolio, allowing you to make informed decisions about asset management, leasing strategies, and capital improvements.

Derivatives & Hedging

Derivatives & Hedging Financing

Derivatives and Hedging are sophisticated financial tools used to manage risk, stabilize cash flows, and optimize investment returns in the real estate market. Whether you are a real estate investor, developer, or financial institution, our team provides tailored solutions to protect your investments and enhance your financial stability.

Derivatives, such as interest rate swaps, options, and futures, provide a means to hedge against unpredictable market conditions by locking in favorable terms or offsetting potential losses. Factor Real Estate Finance helps clients identify and implement the most appropriate derivatives strategies to manage their specific risk exposures and financial goals.

Note Sales

Note Sale Financing

Note Sales are a powerful financial tool for both lenders and investors looking to manage risk, optimize capital allocation, or seize new investment opportunities in the real estate market.  Whether you’re a lender seeking to divest non-performing loans or an investor looking to acquire discounted notes with strong potential for value creation, our note sales services are tailored to meet your specific needs.

By selling notes, lenders can quickly convert illiquid assets into cash, which can then be redeployed into new lending opportunities or used to strengthen their balance sheets. For banks, credit unions, and other financial institutions, note sales are an effective way to manage portfolio risk, particularly in times of economic uncertainty or market volatility. Factor Real Estate Finance works closely with lenders to assess their portfolios, identify notes suitable for sale, and execute transactions that maximize value while minimizing disruption to their operations.

Restructuring

Restructuring Financing

Restructuring is a critical process for real estate investors and developers seeking to optimize the financial health of their assets, especially in times of market volatility or operational challenges. We provide expert restructuring services that help our clients realign their capital structures, improve cash flow, and enhance the performance of their portfolios. Whether you’re facing financial difficulties, seeking to reposition an underperforming asset, or looking to capitalize on new opportunities, our restructuring solutions are tailored to meet your specific needs and objectives.

Restructuring allows property owners and investors to adjust their financing arrangements, renegotiate terms with lenders, and reposition their assets to align with current market trends. This process can involve refinancing existing debt, negotiating with creditors, modifying loan covenants, or even bringing in equity partners to strengthen the asset’s financial foundation.

Ground Lease

Ground Lease Financing

Ground Lease transactions are an innovative and strategic capital solution that can significantly enhance project-level cash flows and improve internal rates of return (IRR) for property owners. We assist in structuring ground lease transactions that allow property owners to unlock the value of their land while retaining operational control over their assets. This approach offers access low-cost capital, improve financial flexibility, and optimize the performance of your real estate investments.

A key advantage of a ground lease is the ability to maintain long-term operating control of the asset. While the land is sold, the property owner retains control over the building and its operations. This enables the property owner to continue benefiting from the property’s income streams and appreciation in value, while also enjoying the enhanced yields made possible by the infusion of low-cost capital from the ground lease.

C-PACE

C-Pace Financing

C-PACE Financing (Commercial Property Assessed Clean Energy) is a powerful tool that allows developers and property owners to finance energy-efficient upgrades and sustainable building practices with ease. 

C-PACE financing provides up to 100% of the funding needed for qualifying energy-efficient renovations and new construction projects. This includes improvements such as HVAC systems, insulation, solar panels, energy-efficient windows, and water conservation measures, among others. By covering the full cost of these upgrades, C-PACE financing enables property owners to implement sustainable practices without the burden of upfront capital outlays. Instead, the cost is repaid over time through a special assessment attached to the property, which can be spread out over an extended period, often up to 20 or 30 years.

SBA

SBA Financing

The Small Business Administration offers business owners an option to finance owner-occupied property via the SBA 504 loan program. 

The SBA 504 loan program is designed to support small business owners by providing long-term, fixed-rate financing with competitive rates and favorable terms. This allows greater ease for business owners to finance a significant portion of their real estate purchase or improvement project. This program is particularly well-suited for owner-occupied properties, where the business operates within the purchased or renovated space. Whether you’re acquiring a new office building, expanding a warehouse, renovating a hotel, or setting up a new restaurant, the SBA 504 loan program provides the financial support you need to make these projects a reality.

Our team works closely with clients to structure SBA 504 loans that align with their specific objectives. We guide you through the entire process, from application to closing, ensuring that all requirements are met and that you secure the best possible terms for your loan. 

Affordable Housing

Affordable Housing Financing

Affordable housing projects face complex challenges like strict regulations, intricate funding, and the need to remain financially viable. Factor Real Estate Finance brings deep expertise to create customized financing strategies, helping clients fund new builds, renovations, or preservation efforts.

Our Mission-Based Financing solutions are designed to align with the values and goals of developers and organizations dedicated to serving low- to moderate-income populations. We collaborate with a wide range of funding sources, including government agencies, non-profit organizations, and community development financial institutions (CDFIs) who share a commitment to social impact. By leveraging these relationships, we are able to offer a variety of financing options, such as tax-exempt bonds, low-income housing tax credits (LIHTC), grants, and other subsidy programs that make these projects financially feasible.

Life Insurance

Life Insurance Financing

Life insurance companies are uniquely positioned to offer long-term, fixed-rate financing, often with terms that extend well beyond those available from traditional banks and lenders. This extended duration allows investors to lock in low interest rates for the life of the loan, providing a predictable and stable debt service over many years. For real estate projects that require a strong foundation of financial stability, such as office buildings, industrial properties, and multifamily developments, this type of financing is particularly advantageous.

We have cultivated strong relationships with a broad network of life insurance companies, enabling us to match our clients with the most suitable lenders for their specific needs. These relationships allow us to secure financing that is not only competitive in terms of interest rates, but also tailored to the unique characteristics of each project. 

Multifamily

Multifamily Financing

Multifamily Small Balance Loans are a vital tool for investors looking to finance properties within a range of $1 million to $10 million. We specialize in arranging these loans through our established network of small balance agency lenders. Our extensive experience in this segment of the market allows us to offer financing solutions that are specifically tailored to meet the unique needs of multifamily property owners and investors.

A key advantages of our small balance loan offering is the availability of non-recourse financing. Additionally, our small balance loans can be structured with either fixed or floating interest rates, depending on your financial strategy and market outlook. This flexibility allows you to choose a loan structure that best aligns with your investment goals, whether you prefer the predictability of a fixed rate or the potential savings of a floating rate.

HUD/FHA

HUDFHA Loan Financing

HUD (Department of Housing and Urban Development) and FHA (Federal Housing Administration) lending programs are advantageous for projects that require substantial leverage and extended amortization periods. These programs are designed to support the development, acquisition, and refinancing of multifamily and healthcare properties, making them ideal for investors focused on these asset classes. 

We act as a correspondent to HUD/FHA lenders, leveraging our extensive network and deep industry knowledge to arrange HUD financing nationwide. Our team has considerable experience in closing transactions across all HUD programs, ensuring that our clients benefit from a streamlined process and favorable loan terms. From initial application to final closing, we manage every aspect of the financing process, allowing you to focus on the success of your project.

Agency

Agency Financing

Agency Financing is a cornerstone of Factor Real Estate Finance’s service offerings, providing reliable and structured debt solutions through government-sponsored enterprises (GSEs) such as Fannie Mae, Freddie Mac, and other agency lenders. These programs are particularly advantageous for borrowers looking to finance multifamily properties, senior housing, and other specialized asset classes.

Our team at Factor Real Estate Finance brings extensive experience and in-depth knowledge of agency programs to each transaction. We work closely with clients to navigate the intricacies of agency financing, ensuring that the process is smooth and that all regulatory requirements are met. From initial application through closing, we guide you through each step, leveraging our relationships with agency lenders to secure the most favorable terms available.

Alternative Lenders

Alternative Lenders Financing

Alternative lenders offer a flexible and innovative approach to financing, providing solutions that cater to the unique and often complex needs of our clients. Our network of alternative lenders includes private equity firms, debt funds, and specialty finance companies, equipped to offer creative financing structures. These lenders can provide capital for projects that may not meet the stringent criteria of traditional banks, such as those with higher leverage requirements, unconventional asset types, or distressed properties. 

 We work closely with these non-traditional lenders to tailor financing solutions that align with the specific objectives and circumstances of each project. Whether you need quick access to capital, a more customized loan structure, or a higher degree of leverage, we ensure that the terms are favorable and that the financing supports your overall investment strategy

Bridge Loans

Bridge Loan

Bridge Financing at Factor Real Estate Finance is designed to provide the flexible, short-term capital needed to transition your commercial real estate projects from one phase to the next. Whether you’re undertaking a light value-add investment or a major repositioning, our expertise in bridge financing ensures that you have access to the capital required to move your project forward with confidence.

Bridge financing can be complex, with many moving parts to consider, such as recourse versus non-recourse options, leverage, interest rates, and capital expenditure funding. Factor Real Estate Finance takes the time to thoroughly evaluate these variables, ensuring that the chosen solution not only meets your immediate needs but also supports the long-term success of your investment.

Banks

Real Estate Photo (4)

Factor Real Estate Finance has cultivated robust relationships with national, regional, and local banks throughout the country, allowing us to offer a diverse range of capital solutions tailored to the unique needs of our clients. Whether it’s construction financing, bridge loans, or permanent financing, we have the expertise and connections to secure the best possible terms for your commercial real estate projects.

Our approach is centered around understanding the specific needs and goals of each borrower. We work with clients across all asset types, from multifamily and office spaces to retail and industrial properties. By focusing on the details that matter most, we ensure that each financing solution is not only aligned with your immediate objectives but also positioned for long-term success.

Our extensive banking network, combined with our meticulous attention to detail, enables us to craft customized financing solutions that optimize investment performance. We understand that every project is unique, and we are committed to delivering capital solutions that drive value and maximize returns for our clients. At Factor Real Estate Finance, your goals are our priority, and we are dedicated to helping you achieve them with the most effective and efficient financing strategies.