Watermark Capital Fund, based in New York, is a distinguished private lending partner specializing in providing creative financing solutions for real estate investors, operators, and developers nationwide. Their comprehensive suite of services is tailored to meet diverse real estate investment needs, ensuring flexibility and competitive terms for their clients.
Private Lending Services
Watermark Capital Fund offers a variety of private lending services, each designed to support specific investment strategies:
- Fix & Flip Loans: These loans provide financing for the purchase and renovation of properties intended for quick resale. Watermark funds up to 90% of the acquisition cost and up to 100% of the rehabilitation budget. Notably, they offer options with no payments for the duration of the loan, provided the After Repair Value (ARV) supports the required interest reserve.
- Rental Loans: Tailored for long-term rental property investments, these loans offer terms that can surpass traditional bank offerings. Watermark is approved with numerous wholesale channels associated with commercial agency loans, including Fannie Mae and Freddie Mac, as well as insurance funds and hedge funds, providing clients with access to competitive rates and terms.
- Bridge Loans: Designed to facilitate short-term funding needs, Watermark’s bridge loans can close within 5 to 7 days, with interest rates ranging from 8% to 10%. They consider various property types, including Single-Family Residences (SFR), 1-4 unit properties, and multi-family properties up to $5 million.
- Ground-Up Construction Loans: For clients embarking on new construction projects, Watermark provides customized financing solutions covering everything from land acquisition to project completion, ensuring a seamless funding process throughout the construction lifecycle.
Mortgage Investment Fund
Beyond direct lending, Watermark Capital Fund operates as a mortgage investment fund specializing in the acquisition of distressed whole loans from financial institutions, hedge funds, and private equity firms. By purchasing these loans at significant discounts, secured by property liens, they either assist homeowners in resuming payments or pursue foreclosure for profitable liquidation. This dual approach not only turns non-performing loans into revenue-generating assets but also emphasizes treating homeowners with dignity and respect.
Expert Team
The success of Watermark Capital Fund is underpinned by its experienced leadership team:
- Val Sotir, CEO: Val leads the company with a focus on strategic growth and maintaining profitable outcomes for the fund.
- Simon Miller, Vice President: Simon plays a pivotal role in overseeing operations and ensuring client satisfaction.
- Randall Roberts, Director: Randall contributes to the company’s strategic initiatives and business development.
- Mike Abadir, Director of Secondary Marketing: Mike specializes in managing the secondary market activities, including the acquisition and distribution of mortgage notes.
Client Testimonials
Clients have expressed high satisfaction with Watermark’s services. One client noted, “Working with Watermark was a game-changer for my real estate investments. The team provided the creative financing solutions I needed to succeed.” Such testimonials underscore the company’s commitment to facilitating successful investment outcomes for their clients.
Contact Information
For more information or to explore partnership opportunities, interested parties can visit Watermark Capital Fund’s website at watermarkcapitalfund.com. The website provides detailed information on their services, team, and contact details for further inquiries.
In summary, Watermark Capital Fund stands out as a versatile and client-focused private lending partner, offering a range of financing solutions tailored to the unique needs of real estate investors, operators, and developers across the United States. Their commitment to flexibility, competitive terms, and ethical practices positions them as a trusted ally in the real estate investment landscape.
