The market determines your rental income. Most of your property’s operating expenses are somewhat fixed, though a few require the true expertise of an experienced sponsor. Leaving the cost of capital as one of the key determinants of your investment return.
Yet, the pricing, leverage, terms, and overall cost of this capital varies widely from source to source, all the way up the capital stack. Our relationships and full understanding of what is available in the market for debt, mezzanine, and all types of equity, is our strength.
Banyan Commercial Capital LLC is a one-stop shop for debt, mezzanine, preferred equity, and joint venture equity. Our mission is to be client-centric to the extreme. We have no financial ties to any of our sources. This eliminates quotas and hurdles, as well as the pressure from our capital sources to shoe-horn you into a product that may be less than optimal, but meets the quarterly needs of our capital sources.
Our role is to hammer out the best business deal for our client on every transaction.
Expertise in bridge financing and structured debt
Ability to bring in mezzanine or preferred equity when applicable
We focus on the small to mid-sized area of the market. The set of lenders that work the less than $10M range is generally different than the $10M to over $50M range. In fact, while there may be some of the same lending sources within these two area, it is typically different people within these groups that work the different market segments. We know who to work with, and when.
We do not shock the market with your transaction. We select a handful of lenders, that with your approval, we deal with to get your transaction from quote through close.
TIGHT KNIT TEAM
We are a tight knit team that takes your transaction seriously and personally. We don’t stop until its done.
Throughout Michael’s career, he has closed well over $8,000,000,000 in transactions including bridge and permanent debt, mezzanine, and equity. Michael entered commercial real estate in 1990 working within the Real Estate Services Group at Arthur Andersen, New York office. Having worked on several assignments in Texas, he relocated and founded a real estate consulting firm, which he sold 7 years later. The firm was focused on several facets of real estate including valuation, feasibility studies, and consulting for companies that would have facilities on both sides of the US-Mexican border. After selling this firm, Michael relocated to Boca Raton, Florida and soon started and managed the Florida office of Meridian Capital Group, a New York based intermediary. During his 14+ year tenure at Meridian, Michael also built and managed offices in Chicago, Los Angeles, and Dallas as well. In 2015, Michael left Meridian and started Banyan Commercial Capital which has a stronger focus on structured debt and high cap-stack placements.
Michael earned a B.S. from the Millard E Tydings School of Business at the University of Maryland with a concentration in finance, as well as an M.S. in Real Estate from New York University (Schack Institute of Real Estate) with a concentration in Real Estate Finance.
$108,000,000 State of Michigan TRS Portfolio, Florida $63,000,000 multi-family portfolio, Tennessee $44,000,000 Regency Portfolio, Eastern US